WOONSOCKET, R.I., Mar 5, 2002 (BUSINESS WIRE) -- CVS/pharmacy (NYSE: CVS)
announced today that it will participate in Eli Lilly and Co.'s LillyAnswers
program. LillyAnswers is a prescription benefit card plan that is targeted
specifically toward low-income seniors. Under the program, card holders will pay
a flat $12 fee at CVS/pharmacy locations for all Eli Lilly products beginning
"We continue to support efforts in our industry to address the health care needs
of seniors who depend on prescription medications, and the LillyAnswers program
is a true benefit plan for our older customers who lack access to affordable
drug coverage," said Tom Ryan, Chairman, President and CEO of CVS Corporation.
"We also support manufacturers such as Eli Lilly who realize the value of retail
pharmacy and provide a reimbursement structure that recognizes the important
services provided by community pharmacies across the nation."
Seniors can apply for a LillyAnswers benefit card by calling Eli Lilly toll-free
CVS is America's #1 pharmacy, dispensing prescriptions in more stores than any
other retailer. With annual revenues exceeding $22 billion, CVS has created
innovative approaches to serve the healthcare needs of all of its customers
through more than 4,100 CVS/pharmacy stores; CVS ProCare, its specialty pharmacy
business; CVS.com, its online pharmacy; and PharmaCare, its pharmacy benefit
management company. General information about CVS is available through the
Investor Relations portion of the Company's website, at http://www.CVS.com.
CONTACT: CVS Corporation