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

; the penalty for failure will burden generations to come."

Snow warned that addressing the root-causes of the health care cost conundrum requires transcending political lines as currently drawn and requires committing to a policy with a longer-term view - along with the political will and bold leadership that would "fundamentally transform our social, behavioral and cultural approaches to health care."

"When our political discourse is limited to 'who pays the bill' instead of 'the bill is too high,' and fails to address root-cause problems, that isn't health care reform. In the end, we all pay the bill - and it's currently two times higher than it should be, could be and, following this plan, would be," Snow said.

For more than 30 years, Snow has created and implemented solutions in for-profit and not-for-profit healthcare organizations, including hospitals and health plans - improving clinical quality and managing the rising cost of health care for millions. In his current role, Snow leads one of the nation's leading pharmacy benefit managers - a Fortune 100 company with more than $44 billion in revenue in 2007.

About Medco

Medco Health Solutions, Inc. (NYSE: MHS) is the nation's leading pharmacy benefit manager based on its 2007 total net revenues of more than $44 billion. Medco's prescription drug benefit programs, covering approximately one-in-five Americans, are designed to drive down the cost of pharmacy health care for private and public employers, health plans, labor unions and government agencies of all sizes, for individuals served by the Medicare Part D Prescription Drug Program, and those served by Medco's specialty pharmacy segment, Accredo Health Group. Medco, the world's most advanced pharmacy(R)
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SOURCE Medco Health Solutions Inc.
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