Blink Health Giving Away $10 Million Worth Of Free Diabetes Medications

Blink Health Giving Away $10 Million Worth Of Free Diabetes Medications

Patients Who Create An Account on Leading Prescription Drug Savings Platform Blink Health Will Receive a Free, One-Year Supply of Three Most Prescribed Generic Type-2 Diabetes Medications: Metformin, Glipizide and Pioglitazone --Until Funds Are Exhausted Blink Health Also Offers 40% Discount on Eli Lilly Insulins Through First-of-Its-Kind Access Program


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NEW YORK, June 27, 2017 /PRNewswire-HISPANIC PR WIRE/ — Blink Health, America’s leading prescription drug savings platform, today launched a program to help #TreatType2 diabetes by committing to give away $10 million worth of medication to patients with type-2 diabetes. People living with diabetes who create an account on Blink Health’s website or free mobile app, starting today, will receive a free, one-year supply of the three most commonly prescribed generic medications for type-2 diabetes: metformin, glipizide and pioglitazone. The program will also cover these three medications for existing Blink Health patients who use them.

Blink Health logo

To create an account, visit the Blink Health website: https://www.blinkhealth.com/diabetes.  

Diabetes in America
As part of Blink Health’s ongoing commitment to support people who are living with diabetes, the #TreatType2 program is designed to help the largest population of people managing this condition. Of the nearly 29 million Americans with diabetes, approximately 95 percent have been diagnosed with type 2.1 Tragically, nearly 12 percent of Hispanics in the United States have been diagnosed with diabetes, according to the Centers for Disease Control and Prevention. Hispanics are 66 percent more likely to have diabetes than non-Hispanic Caucasians. This $10 million giveaway represents a potential savings of up to $4,000 per patient, per year, for someone who’s taking all three medications and paying the full retail price out of pocket, either because they are uninsured or have a high-deductible insurance plan.


Who is Eligible?
Blink Health will provide the free medications to everyone until it has committed to spending $10 million on the medications.  Any patient with a prescription for any or all of these three medications is eligible to receive medication for free. There is no cost to join Blink Health, and medication can be picked up at over 57,000 pharmacies nationwide, including Walmart, CVS, Rite-Aid, Target, and most independent pharmacies and grocers. Blink Health helps consumers save on the cost of generic medications – the most common ones prescribed – by negotiating low prices directly with manufacturers.

“Overall, diabetes is a growing epidemic that affects 1 in 11 Americans, and Blink Health is committed to doing all it can to help patients manage this chronic illness,” said Geoffrey Chaiken, Co-Founder and CEO of Blink Health. “We have seen far too many people who are struggling to afford prescription medication, and we’ve launched this program to help address the problem one patient at a time.”

Blink Health’s Diabetes Advocacy
In April, Blink Health raised $90 million to drive innovations that accelerate its mission of making prescription medications affordable and transparently priced for everyone in the U.S.  With this $10 million commitment, Blink Health is using a substantial portion of these funds to directly help hundreds of thousands of people living with diabetes, who have health care costs 2.3 times greater, on average, than those without diabetes.2 Blink Health is confident that patients who are introduced to the company through the #TreatType2 program will take advantage of the low prices on over 15,000 prescription medications available on the Blink Health platform and continue using Blink Health for their prescription medications after the giveaway ends.

Chaiken added, “Blink Health is committed to supporting people with diabetes through the #TreatType2 program and through our groundbreaking insulin discount program with many of Eli Lilly’s insulin products.  If you have diabetes – or if you know someone who does – sign up for Blink Health today. When you use Blink Health, you are joining a growing network of Americans who are tired of overpaying for their medications. Together, we are able to negotiate with pharmacies to determine one low price for each medication that is accepted at over 57,000 pharmacies nationwide.  The more people who join the ‘Blink Health Nation,’ the better our overall discounts will be.”

Information About the #TreatType2 Program

What:

A free, one-year supply of the three most commonly prescribed generic medications for type-2 diabetes: metformin, glipizide and pioglitazone
in their most common dosages: 

MEDICATION

STRENGTH

FORM

metformin hcl

500 MG

TABLET

metformin hcl

800 MG

TABLET

metformin hcl

1000 MG

TABLET

pioglitazone hcl

15 MG

TABLET

pioglitazone hcl

30 MG

TABLET

pioglitazone hcl

45 MG

TABLET

glipizide

5 MG

TABLET

glipizide

10 MG

TABLET

Who

Any Blink Health member with a prescription for the medications.  Patients who are not already a member must create an account at BlinkHealth.com.

When:   

Registration for the program begins June 7. Registration must be completed by September 12, 2017.  The program will end before this date if members sign up for more than $10 million of the covered medications.

Where:    

The Blink Health website or free mobile app 

Why:   

To help patients afford treatment for type-2 diabetes and bring transparency and lower drug costs to all Americans.

Please refer to the Blink Health website for complete terms and conditions.

Patients with questions about Blink Health or the #TreatType2 program can call  

(855) 776-0404 or e-mail: info@blinkhealth.com.

Information About Diabetes 
Diabetes is a chronic condition in which the body’s ability to produce or respond to the hormone insulin is impaired, resulting in abnormal metabolism of carbohydrates (foods that become sugar in the body) and elevated levels of glucose (digested sugar) in the blood and urine. Diabetes is categorized as type 1, aka juvenile diabetes, or type 2, which starts later in life. Untreated diabetes creates blood vessel damage, poor circulation that can lead to loss of limbs, as well as blindness and other grave consequences. The vast majority of people today have type-2 diabetes, which is treated primarily with medications that regulate blood sugar. People born with type-1 diabetes must take insulin to regulate their blood sugar. 

Information About Discounted Insulin Available Through Blink Health 
Blink Health is also working on solutions to lower the price of insulin. As announced in December 2016, Blink Health and Eli Lilly and Company (NYSE: LLY) have entered into a first-of-its-kind access program to offer a 40 percent discount on Lilly insulins, including Humalog, one of the most widely prescribed branded insulin medications. Blink Health is pursuing similar arrangements with other pharmaceutical and healthcare companies to offer discounted medication and supplies.

About Blink Health  
Founded in 2014, Blink Health is a technology platform that enables consumers to access the medications they need at prices they can afford at over 57,000 pharmacies nationwide. Blink’s website and free mobile app allow users to purchase their medications online and pick them up at their local retailer for up to 90% off the average retail price. Blink Health groups patients together to leverage their purchasing power and secure significantly lower prices for the most-prescribed medications in America.  

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1 Source:  Centers for Disease Control and Prevention, Diabetes: At a Glance 2016, available at: https://www.cdc.gov/chronicdisease/resources/publications/aag/pdf/2016/diabetes-aag.pdf 
2 Source: American Diabetes Association, The Staggering Cost of Diabetes, available at: http://www.diabetes.org/diabetes-basics/statistics/infographics/adv-staggering-cost-of-diabetes.html

Logo – http://mma.prnewswire.com/media/527317/Blink_Health__Logo.jpg

 

SOURCE Blink Health

Blink Health Giving Away $10 Million Worth Of Free Diabetes Medications