|CVS Caremark's Proactive Approach to Employee Health Recognized with Gold Award from National Business Group on Health|
WOONSOCKET, R.I., June 15, 2010 /PRNewswire via COMTEX/ --CVS Caremark (NYSE: CVS) has been named one of the nation's leading corporations for its proactive approach to workplace health and its investment in programs that help employees and their families make better choices about their health and well-being.
This recognition came with CVS Caremark's inclusion on the 2010 Best Employers for Healthy Lifestyles list unveiled this week by the National Business Group on Health at its Institute on Innovation in Workforce Well-being Leadership Summit in Washington, D.C. CVS Caremark was recognized with a Gold Award for its WellRewards programs supporting employees who embrace healthy behaviors and who commit to long-term behavior changes to improve their health. CVS Caremark was the only company in the retail pharmacy or pharmacy benefit management sectors to be recognized at the 2010 Innovation in Workforce Well-being Leadership Summit. CVS Caremark also won this recognition in 2009.
"As a company that is contributing to the health of millions of Americans through our CVS/pharmacy stores, our MinuteClinic network of retail clinics and our pharmacy services division, we are excited to receive national recognition once again for our wellness programs for our own colleagues," said Larry Merlo, President and Chief Operating Officer of CVS Caremark. "We thank the National Business Group on Health for this honor as we continue to empower employee health at CVS Caremark and to make high quality health care more accessible and more affordable for consumers and for employers and other health plan sponsors."
Now in its sixth year, the Best Employers for Healthy Lifestyles awards acknowledge and reward those employers that have responded to the urgent need to improve their workers' health, productivity and quality of life. The underlying goal of the program is to encourage all employers to take action. CVS Caremark's wellness investments helped employees improve their health in several key areas in 2009 including smoking cessation, improved rates of mammograms and colon-cancer screenings, prenatal maternity care, physical activity and healthy eating.
"We are delighted to recognize CVS Caremark for its innovation and commitment to providing lifestyle improvement programs designed to encourage healthier lifestyles for their employees," said Helen Darling, President of the National Business Group on Health. "CVS Caremark and its management team recognize just how important a healthy workforce is to increasing productivity and controlling health care costs, and we congratulate them on receiving this award."
About the National Business Group on Health
The National Business Group on Health is the nation's only non-profit organization devoted exclusively to representing large employers' perspective on national health policy issues and providing practical solutions to its members' most important health care problems. The Business Group helps drive today's health agenda while promoting ideas for controlling health care costs, improving patient safety and quality of care and sharing best practices in health benefits management with senior benefits, HR professionals, and medical directors from leading corporations. Business Group members, which include 63 Fortune 100 companies, provide health coverage for more than 50 million U.S. workers, retirees and their families. For more information, visit www.businessgrouphealth.org.
About CVS Caremark
CVS Caremark is the largest pharmacy health care provider in the United States. Through our integrated offerings across the entire spectrum of pharmacy care, we are uniquely positioned to provide greater access to engage plan members in behaviors that improve their health, and to lower overall health care costs for health plans, plan sponsors and their members. CVS Caremark is a market leader in mail order pharmacy, retail pharmacy, specialty pharmacy, and retail clinics, and is a leading provider of Medicare Part D Prescription Drug Plans. As one of the country's largest pharmacy benefits managers (PBMs), we provide access to a network of more than 64,000 pharmacies, including over 7,000 CVS/pharmacy(R) stores that provide unparalleled service and capabilities. Our clinical expertise includes one of the industry's most comprehensive disease management programs. General information about CVS Caremark is available through the Company's website at http://info.cvscaremark.com.
Investor Contact: Media Contact: Nancy Christal Eileen Howard Dunn Senior Vice President Senior Vice President Investor Relations Corporate Communications (914) 722-4704 (401) 770-4561
SOURCE CVS Caremark