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CVS/pharmacy to Accept Eli Lilly Rx Benefit Card.


Business Editors

WOONSOCKET, R.I.--(BUSINESS WIRE)--March 5, 2002

CVS/pharmacy (NYSE NYSE

See: New York Stock Exchange
: CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. ) announced today that it will participate in Eli Lilly Eli Lilly can refer to:
  • Eli Lilly and Company, a global pharmaceutical company
  • Colonel Eli Lilly (1839-1898), founder of Eli Lilly and Company
  • Eli Lilly (industrialist) (1885-1977), former president of Eli Lilly and Company
 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 April 1.

"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 (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 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 at 1-877-RX-LILLY.

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 A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims.  company. General information about CVS is available through the Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 portion of the Company's website, at http://www.CVS.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 5, 2002
Words:244
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