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CVS Caremark Announces Results of Annual Employer Survey Validating Proactive Pharmacy Care Approach
Date:4/2/2009

Company highlights client adoption of programs designed to improve health outcomes and reduce costs

WOONSOCKET, R.I., April 2 /PRNewswire/ -- CVS Caremark (NYSE: CVS) today announced results of their annual client survey noting that a majority of the company's employer clients said they were more focused on strategies to change plan participant behavior and improve engagement rather than programs that achieved overall savings by simply shifting costs to the member. In fact, 65 percent of employer clients which participated in the survey indicated that plan design incentives to change behavior were a high priority and 56 percent mentioned wellness and disease management programs while only 15 percent of respondents focused on employer cost-share shifting.

"The current economic environment has understandably created a sense of urgency for companies to evaluate their benefit designs in order to meet financial goals, with 74 percent of our employer clients telling us that reducing overall health costs is their number one measure of success in the coming year," said Tom Ryan, Chairman, President and Chief Executive Officer of CVS Caremark. "Furthermore, our research indicates that our clients are looking to CVS Caremark to help them accomplish these savings by increasing plan participant engagement in their health care rather than simply increasing their share of the cost."

The CVS Caremark Proactive Pharmacy Care model is designed to help engage members in their health care decisions in order to keep them healthier and help reduce overall health care costs. This approach helps CVS Caremark's PBM clients improve outcomes and manage costs by leveraging innovative programs such as Progressive Plan Design strategies, Maintenance Choice, ExtraCare Health, Specialty Guideline Management, outbound engagement strategies to pr
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SOURCE CVS Caremark
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