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Caremark Anticipates Modest Uptake For Medicare Rx Benefit In 2006

This article was originally published in The Pink Sheet Daily

Executive Summary

The PBM expects enrollment may not rise significantly until 2010 or later. Beneficiary participation in Part D could mirror the slow uptake of the drug discount card, CEO Crawford says, asserting that seniors "don't understand" the new benefit.

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Caremark Looks Beyond Price Pressures From Retail, Health Plan-Owned PBMs

Despite competition from “captive” pharmacy benefit managers, Caremark is expecting 8%-10% more revenue growth in 2006 than the current year.

Caremark Looks Beyond Price Pressures From Retail, Health Plan-Owned PBMs

Despite competition from “captive” pharmacy benefit managers, Caremark is expecting 8%-10% more revenue growth in 2006 than the current year.

Caremark May Offer "Open" Medicare Rx Plan In Some Regions

The pharmacy benefit manager is deciding whether to offer standalone drug plans in regions in which it does not have employer or health plan partners, CEO Crawford says. The exec notes some of Caremark's clients will "aggressively" market their plans to individuals for 2006.

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