Program Highlight: Free Pfizer Meds for Unemployed

The recession might be a little less painful for some Americans who won't lose their prescription medications if they lose their jobs. Pfizer Inc. recently announced it will give away more than 70 of its most widely prescribed drugs, including Lipitor and Viagra, for up to a year to people who have lost jobs since Jan. 1 and have been taking the drug for three months or more. The program comes as the unemployment rate topped 8.9 percent in April.

Pfizer stands to benefit, too - by keeping its customers, and with a tax write-off that will cover much of the cost of the donations. The move also buys the world's largest drug maker some good will as Washington looks to overhaul the healthcare system.

According to Pfizer, the inspiration for the new program, called MAINTAIN™ (Medicines Assistance for Those who Are in Need), was generated by Pfizer employees who were witnessing friends, family and neighbors struggle to make ends meet after losing their jobs.

The Pfizer MAINTAIN program will help eligible people in financial need continue to get their Pfizer medicines if they have recently become unemployed and do not have prescription coverage. Beneficiaries of the program will get their Pfizer medicines for free for up to a year or until they become re-insured (whichever comes first).

The 70-plus drugs covered in the program include several diabetes drugs and some of Pfizer's top money makers, from cholesterol fighter Lipitor and painkiller Celebrex to fibromyalgia treatment Lyrica and Viagra for impotence. Also included are some antibiotics, antidepressants, heart medications, contraceptives, and smoking cessation products. Cheaper generic versions are available for most of the drugs. The program will probably help prevent patients from switching to cheaper brands or generics through the worst of the recession and could help retain those taking top-seller Lipitor, which will begin competing with generic versions next year. The giveaway was heralded by some as a brilliant marketing move that will generate low-cost publicity, build consumer loyalty, and keep inventory from piling up. The 10 best-selling drugs included in the program accounted for more than $26 billion, or 64 percent, of Pfizer's total sales last year. Officials for New York-based Pfizer said they don't know how much the program will cost.

-Adapted from “Jobless can get free medicines; Pfizer plan likely to boost loyalty”, By Linda A. Johnson and Matthew Perrone, Associated Press, appeared in The Boston Globe, May 15, 2009, http://www.boston.com/jobs/news/articles/2009/05/15/jobless_can_get_free_medicines/ retrieved 5/18/09; and Pfizer Press Release May 14, 2009 and Pfizer MAINTAIN Fact Sheet, forwarded by Marie Elena Gioiella. Thanks Marie Elena!

 

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