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Medco CEO Unveils Pragmatic Blueprint for Health Care Reform; Reducing Costs by Upwards of $1 Trillion
Date:9/9/2008

Plan Challenges Policy-makers, Physicians, Patients and Payors To Become Engaged and Accountable

WASHINGTON, Sept. 9 /PRNewswire-FirstCall/ -- In an address today at the National Press Club, Medco Health Solutions, Inc. (NYSE: MHS) Chairman and CEO, David B. Snow Jr. unveiled a pragmatic blueprint for fixing America's inefficient health care system that, for the first time, is designed to address the root causes of the problem. Unifying the strengths of both the public and private sectors, Snow's plan is designed to reduce the nation's health care expenses by as much as $1 trillion - almost 50 percent of current expenditures - while extending affordable, high-quality care to more Americans.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080909/NY32513 )

Noting that the United States spends twice as much per capita on health care as most other developed nations - but achieves no better clinical outcomes - Snow's plan addresses the technological, regulatory, clinical and societal reforms needed to create a sustainable system that enables affordable access. From fixing Medicare to trimming America's collective waistline, Snow advocates tough choices to tackle controversial issues - challenging government, the private sector, patients, physicians and payors to become actively engaged and accountable for improving both clinical and financial outcomes.

Snow's phased five-point plan represents an integrated approach to health care reform that includes progressive building blocks that, over time, interconnect to achieve as much as $1 trillion in health care savings.

The five tenets of Snow's program include: wiring health care; elimin
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SOURCE Medco Health Solutions Inc.
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