Card will make access to Rx benefits for low-income seniors easier for consumers and pharmacists
WOONSOCKET, R.I., Mar 11, 2002 /PRNewswire --
CVS/pharmacy (NYSE: CVS) announced today that it supports the
PharmacyCareOneCard unveiled today by the National Association of Chain
The PharmacyCareOneCard is a single card that will benefit low-income seniors by
giving them easier access to multiple drug manufacturers' discounts at their
"In just the last year, we have seen the introduction of several new
prescription benefit cards by manufacturers. The PharmacyCareOneCard would place
these card programs under a single administrative umbrella. This streamlined
process will make life easier for both consumers and pharmacists," said James F.
Smith, Senior Vice President of Health Care Services at CVS/pharmacy.
CVS is America's #1 pharmacy, dispensing prescriptions in more stores than any
other retailer. With annual revenues that exceed $22 billion, CVS has created
innovative approaches to serve the healthcare needs of all of its customers
through more than 4,000 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: Todd Andrews, Director, Corporate Communications of CVS