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AdvancePCS Awarded Contract To Administer Drug Discount Card Program For AAA; Free Prescription Savings Plan Offered To AAA Members.


Business Editors/Health/Medical Writers

IRVING, Texas--(BUSINESS WIRE)--Nov. 12, 2003

AdvancePCS (Nasdaq:ADVP), the nation's leading health improvement company, today announced it has been awarded a contract to administer a drug discount card program in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  for AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
, a not-for-profit membership organization offering its members automotive, travel, insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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.

"We are pleased that AAA has selected our leading capabilities to help its members obtain discounts and safety benefits on the prescription medications they need," said David D. Halbert, chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AdvancePCS. "AAA is a premier organization in the field of motoring and leisure travel, and we are proud to be associated with it."

The AAA Prescription Savings Plan, which participating AAA affiliates will be phasing in between now and early 2004, will help members with limited or no drug insurance save an average of 20 percent off the price of prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  at more than 52,000 participating pharmacies nationwide. AAA participants also will be able to realize the savings and convenience of home delivery, achieved by ordering their prescriptions from one of AdvancePCS' state-of-the-art mail service pharmacies.

In addition, members will benefit from AdvancePCS' computerized messaging capability, which alerts pharmacists This is a list of notable pharmacists.
  • Dora Akunyili, Director General of National Agency for Food and Drug Administration and Control of Nigeria
  • Charles Alderton (1857 - 1941), American inventor the soft drink Dr Pepper
  • George F.
 to potentially harmful drug interactions before the medication is dispensed dis·pense  
v. dis·pensed, dis·pens·ing, dis·pens·es

v.tr.
1. To deal out in parts or portions; distribute. See Synonyms at distribute.

2. To prepare and give out (medicines).

3.
. This safety service can be especially helpful to patients who may be taking several drugs that have been prescribed pre·scribe  
v. pre·scribed, pre·scrib·ing, pre·scribes

v.tr.
1. To set down as a rule or guide; enjoin. See Synonyms at dictate.

2. To order the use of (a medicine or other treatment).
 by different doctors.

"AAA looks forward to this new alliance with AdvancePCS that will help our members reduce the cost of staying healthy," said Tom Wilt, managing director, AAA Partnership Programs.

The AdvancePCS-administered Prescription Savings Plan will supplement the array of entertainment, lodging, travel and retail discounts offered to AAA members through the Show Your Card & Save(R) program. AAA members will be able to obtain drug discounts by showing their AAA membership card in combination with the new drug discount card, which they can receive free of charge. There are no age or income restrictions.

About AdvancePCS

AdvancePCS (www.advancepcs.com) is the nation's leading provider of health improvement services. AdvancePCS offers health plans a wide range of health improvement products and services designed to improve the quality of care delivered to health plan members and manage costs.

AdvancePCS is ranked by Fortune magazine as one of America's 100 fastest-growing public companies and is included on the Forbes Platinum 400 list of best big companies. AdvancePCS earned the number three spot on the Barron's 500 list of best performing companies.

About AAA

As North America's largest motoring and leisure travel organization, AAA provides more than 46 million members in the United States and Canada with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

Any statements included in this press release that are not historical facts and that concern predictions of economic performance and management's plans and objectives constitute forward-looking statements under the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. We do not undertake any obligation to provide updates to such forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changes in the health care industry or the economy in general, competition, acquisitions, changes in the legislative or regulatory environment, and other factors detailed in AdvancePCS' Securities and Exchange Commission filings.
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Publication:Business Wire
Date:Nov 12, 2003
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