Leading global vision nonprofit OneSight teams with Aetna to provide vision care to over 275 North Atlanta residents at Roswell Vision Clinic

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ATLANTA, Georgia — From November 17 to 19, OneSight, a leading global vision care nonprofit, and North Fulton Community Charities, an organization that empowers North Atlanta residents through emergency assistance, partnered to offer free eye exams and glasses to over 275 children and adults. The three-day charitable clinic was sponsored by Aetna, a CVS Health company, which contributed $50,000.

The event addressed unresolved vision care needs for North Atlantans who may otherwise lack access. Leveraging OneSight’s proven clinic model and manufacturing capabilities, most participants in need of glasses received their newly prescribed eyewear on-site.

“NFCC is excited to partner with OneSight to connect families in the community to this impactful medical resource,” said NFCC Director of Assistance Carol Swan. “Vision care is essential, but also elusive for those who are financially vulnerable and can’t afford it. This is a great opportunity for our community, and we are proud to work with OneSight to help them realize it.”

“Aetna is committed to extending care to all those who are in need,” said Aetna Market Leader Richard Weiss. “The opportunity to support an event with such a positive impact on the health of the Atlanta region was a natural one. It’s something we saw clearly.”

According to a study by OneSight and Deloitte, there are over 1 billion people around the world who need glasses but do not have access to get them.https://www2.deloitte.com/us/en/pages/operations/articles/global-vision-care-crisis.html Studies show that clear sight can dramatically impact learning, job performance and earning potential. Clear sight can help students learn up to twice as much in school and can help increase a worker’s productivity by 35 percent and enable them to earn 20 percent more.

“We’re so happy to have been able to support the North Atlanta community with vision care this week.” stated Dawn Yager, OneSight Program Manager, “We appreciate the support from Aetna, North Fulton Community Charities, and so many volunteers and doctors to enable this vision clinic to happen.”

About OneSight

OneSight is a leading global nonprofit dedicated to creating a world where lack of access to vision care is no longer a barrier to human achievement and potential. From one-week charitable clinics to long-term self-sustaining vision centers, OneSight delivers quality eye exams and glasses to underserved populations globally. In 32 years, OneSight has served 10 million people in 50+ countries and has provided permanent vision care access to more than 35 million people. Visit www.onesight.org.

About North Fulton Community Charities

Founded in 1983, North Fulton Community Charities (NFCC) serves as a human services agency dedicated to building self-sufficiency and preventing homelessness and hunger for residents in North Fulton in the cities of Alpharetta, Johns Creek, Milton, Mountain Park and Roswell. NFCC assists families with basic essentials such as food, rent and utilities, and clothing for short- term emergencies. Adult education classes ranging from GED Prep and English to Financial Literacy and OSHA Certification are offered at no cost to help create a path to self-sufficiency for their clients. NFCC serves close 10,000 individuals and 4,000 families each year at their facilities in Roswell, Georgia.

About Aetna

Aetna, a CVS Health business, serves an estimated 34 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, and medical management capabilities, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, visit www.aetna.com and explore how Aetna is helping to build a healthier world.

Contact

OneSight
Jeff Wallace
jwallace@onesight.org
513-543-8208

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CVS Health names Neela Montgomery President of CVS Pharmacy

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Neela Montgomery

Former Crate & Barrel CEO is a leader in e-commerce retail

WOONSOCKET, R.I. — CVS Health Corporation (NYSE: CVS) today announced that Neela Montgomery has been named Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States.

"Neela is a seasoned retail industry leader with extensive digital and e-commerce experience," said Karen S. Lynch, who will become President and CEO of CVS Health in February 2021. "She brings deep consumer insights that will allow us to better anticipate consumers' changing needs and deliver even more value to our customers in local, personalized ways. Neela is well-positioned to lead CVS Pharmacy today and into the future."

Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. As CEO of Crate & Barrel, she transformed its online sales channel to more than 50 percent of the company's total revenue. In 2019 she was named to the "Top Women in Retail" list by the Women in Retail Leadership Circle. Prior to Crate & Barrel, she served as Group Executive Board Member of the Otto Group, a global retail and services group and one of the leading e-commerce retailers in the world.

Before joining Otto, she served as UK General Merchandise Director at Tesco PLC, the British multinational retailer and a top 10 international retailer. She held a number of senior management positions with Tesco, including UK e-commerce director and chief merchant for Tesco Malaysia.

"I am thrilled to lead CVS Pharmacy with its 190,000 dedicated colleagues and join such an outstanding leadership team," said Montgomery. "CVS Pharmacy plays a unique and important role in the health needs and lives of Americans. Increasingly these health care touch points will be digital, virtual and in-person. This is a fantastic opportunity to help accelerate the company's bold vision to deliver consumer health services in the community and ensure CVS Pharmacy plays an essential role in customers' health moments."

Montgomery will report directly to Lynch and become a member of the company's executive team. She earned a Bachelor of Arts degree in Literature and Language from Oxford University and holds an MBA from INSEAD in France and Singapore.

Montgomery is a member of Logitech's board of directors and was named a 2020 Henry Crown Fellow at the Aspen Institute.

CVS Pharmacy has performed a critical role during the pandemic, providing essential goods and pharmacy services, as well as the most COVID-19 testing of any retailer. When COVID-19 vaccines become available, CVS Pharmacy will be on the frontlines of vaccine administration. The company, which will provide nearly 20 million flu vaccines this year, has reached agreements with the Department of Health and Human Services to provide COVID-19 vaccines to long-term care facilities and to the general population.

More information on steps CVS Health has taken to address the COVID-19 pandemic is available at the company's frequently updated COVID-19 resource center.

About CVS Health

CVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we're transforming health at www.cvshealth.com.

Media contact

Matt Blanchette
CVS Pharmacy Communications
401-524-6185
Matthew.Blanchette@CVSHealth.com

Investor contact

Valerie Haertel
Senior Vice President, Investor Relations
401-770-4050
Valerie.Haertel@CVSHealth.com

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CVS Health response to Administration’s action on rebates

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Today’s action by the Administration is poorly timed and ill-conceived and is unlikely to withstand legal or political scrutiny. As both the Centers for Medicare & Medicaid Services’ Office of the Actuary and the Congressional Budget Office (CBO) have shown when the Administration originally put this forward, eliminating or curtailing the availability of rebates to lower drug prices will result in significantly higher premiums for Medicare Part D beneficiaries, enormous increases in costs to the American taxpayers, and a windfall to pharmaceutical companies at a time when every American is struggling to navigate the COVID-19 pandemic.

More than ever, America’s senior citizens deserve stability and peace of mind when it comes to their health care and what they pay for their coverage. Finalizing this action will do nothing to reduce overall out-of-pocket costs for Part D beneficiaries. Instead, it will increase costs for taxpayers and give the pharmaceutical industry an undeserved and significant financial handout as they continue to report record profit.

According to the CBO’s original analysis, the Administration’s action would cost taxpayers $177 billion.https://www.pcmanet.org/wp-content/uploads/2020/07/2019-May-CBO-Score-of-Proposed-Rebate-Rule.pdf The Administration’s own actuaries estimated the cost to be as high as $196 billion over 10 yearshttps://aspe.hhs.gov/system/files/pdf/260591/OACTProposedSafeHarborRegulationImpacts.pdf, and that it would result in an increase in premiums of more than 25 percent for Medicare Part D plan members who would lose the benefit of rebate dollars being used to lower premiums. If that had happened in 2020, the average monthly premium would’ve marked the largest average premium increase in the history of the program. In addition, this rule would allow brand drug manufacturers to pocket $39.8 billion more over 10 years in lower payments in the coverage gap discount phase of the Part D benefit — and keep 15 percent of the currently negotiated rebate. The rule released today does not solve these fundamental issues.

For more information about this issue and its ramifications for seniors, see the Pharmaceutical Care Management Association.

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CVS Pharmacy is first national retailer to offer touch-free payments through PayPal and Venmo

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Starting immediately, customers can utilize PayPal and Venmo QR codes at checkout in more than 8,200 CVS stores nationwide

WOONSOCKET, R.I. — CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), today announced that customers can now check out touch-free using PayPal and Venmo QR codes at 8,200 standalone retail locations. These codes allow customers to securely pay for their items without needing to touch a keypad or sign a receipt, while also being able to access multiple payment methods available in PayPal and Venmo wallets.

Using the QR codes allows customers to securely pay for their items without needing to touch a keypad or sign a receipt.

The partnership, which was first announced in July, makes CVS Pharmacy the first national retailer to integrate PayPal and Venmo QR code technology in its point-of-sale experience at all standalone locations across the country. The touch-free experience will be available to existing PayPal and Venmo customers, while new customers can sign up and link their preferred payment method usually within minutes.

Since January, CVS has seen a 43% increase in touch-free transactions, and according to research conducted by Forrester, 11% of the U.S. population reporting they're using a digital payment method for the first time as a result of the pandemic. New research from PayPalAbout the research: The research was conducted by PYMNTS and commissioned by PayPal. It examines survey data collected from 2,163 U.S. consumers between June 22 and June 24, 2020. The report summary is supplemented by findings from a series of studies conducted by PYMNTS since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. also shows that 57% of consumers surveyed said merchants' digital payment offerings impact their willingness to shop in their stores. More than a third (34%) say they would not buy from merchants at all if QR code-enabled payments were unavailable, reinforcing the need for a touch-free payment experience, especially in essential retail environments like pharmacies.

"Putting our customer's safety at the forefront of our innovations, we've focused resources on finding new ways to make customers' lives easier and more convenient," said Jon Roberts, Executive Vice President and Chief Operating Officer at CVS Health. "Introducing more digital options, including touch-free payments at the register, is in step with changing consumer preferences."

"The launch of PayPal and Venmo QR codes in CVS Pharmacy stores will not only provide health-conscious customers with a touch-free way to pay at checkout, but also brings the safety and security of PayPal and Venmo transactions into the store with shoppers," said Jeremy Jonker, Senior Vice President Head of Consumer In-Store and Digital Commerce, PayPal. "We are thrilled that PayPal and Venmo QR codes will help to maintain the safety of CVS customers and employees, especially in the essential pharmacy retail environment as we go into the winter months."

To use the new touch-free payment option at CVS Pharmacy, customers simply open either the PayPal or Venmo mobile app and click the "Scan" button and selecting the 'show to pay' option. PayPal customers will be able to pay using stored debit or credit cards, bank accounts, PayPal balance, or PayPal Credit. With Venmo QR codes, customers can pay using their stored debit or credit cards, bank account, Venmo balance or Venmo Credit Card for eligible customers. Additionally, PayPal does not charge fees to the customer when paying with PayPal or Venmo QR codes and those enrolled in CVS' ExtraCare Rewards Program will still be able to redeem and apply savings using their ExtraCare account when checking out with PayPal or Venmo QR codes.

This year CVS Pharmacy accelerated the availability of innovative digital and mobile options for customers. In addition to expanding at-home delivery services and establishing marketplace partnerships with InstaCart and DoorDash, the retailer added new features to the CVS mobile app. From an updated user interface to more app-only rewards, the additions make it easier for ExtraCare members to use contactless coupons and loyalty program rewards, and scan product barcodes to easily find savings.

Find the closest CVS Pharmacy location by visiting www.cvs.com/store-locator. Customers can sign up for PayPal at www.paypal.com or by downloading the PayPal app, and can sign up for Venmo by downloading the Venmo app.

About CVS Pharmacy

CVS Pharmacy, the retail division of CVS Health, is America's leading retail pharmacy with nearly 10,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores. We are committed to delivering innovative health solutions that create a simpler, more accessible experience for patients, customers and caregivers. CVS Pharmacy is the only national pharmacy to remove tobacco products from its shelves and has taken a leadership role in responding to the COVID-19 pandemic by making testing available at locations across the United States. For the latest product and service offerings, visit www.cvs.com or download the CVS Pharmacy app.

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 350 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

Contacts

Matthew Blanchette
CVS Media Relations Contact

matthew.blanchette@cvshealth.com

Tom Hunter
PayPal Media Relations Contact

thhunter@paypal.com

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CVS Pharmacy locations to administer COVID-19 vaccinations when authorized and available

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Today it was announced that CVS Health will join others in offering Food and Drug Administration (FDA)-authorized COVID-19 vaccinations when available to the general public.

“CVS Health is prepared to play a prominent role in administering COVID-19 vaccinations to the general public, which builds on our previously announced agreement to administer vaccines in long-term care facilities,” said Troyen Brennan, M.D., Chief Medical Officer, CVS Health. “Our extensive experience safely and efficiently providing vaccinations is unmatched, and this year alone we’ll provide flu vaccines to nearly 20 million Americans across the country.

“With approximately 70 percent of the U.S. population living within three miles of a CVS Pharmacy, we’ll be easy to reach when a vaccine is authorized by the FDA and becomes available in retail settings. Our pharmacists, nurse practitioners and pharmacy technicians have been an invaluable community resource since the pandemic began and are ready to play a critical role in the vaccination effort.”

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CVS Health names Daniel Finke President of Health Care Benefits Segment

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Respected industry leader to focus on driving growth, enhancing the member experience

WOONSOCKET, R.I. — CVS Health Corporation (NYSE: CVS) today announced that Daniel Finke has been named Executive Vice President, CVS Health and President, Health Care Benefits Segment (HCB) effective February 1, 2021. Finke will succeed Karen S. Lynch, who will become President and CEO of CVS Health in February. HCB provides solutions to employers and government businesses, serving more than 34 million members.

"Dan's dedication to the health of our members and passion around addressing health care disparities make him the ideal person to take the Health Care Benefits segment forward," said Lynch. "Dan has a track record of driving growth, delivering strong operating improvements and bringing customer-driven innovations to the market."

Finke brings more than 25 years of diverse health care experience to the company. He joined Aetna in 2014 and most recently has been leading the Commercial Business and Markets organization. Prior to his current role, he held leadership roles in network and clinical services and was a key leader on the transformation team during the integration with CVS Health. Before joining Aetna, Finke served as President and Chief Operating Officer of EmblemHealth, and previously spent more than a decade at Anthem in various national executive roles in healthcare operations, government programs and pharmacy benefit management.

"It's an honor to lead the Health Care Benefits segment and to support our customers, members, providers and colleagues," said Finke. "I'm committed to simplifying the health experience for members using digital solutions and bringing to market CVS Health integrated products that demonstrate our unique ability to serve the needs of our customers."

Finke will report directly to Lynch and will be a member of the company's executive team. Active in the community, Finke has served on multiple boards including the Alzheimer's Association of New York City, The Battery Park Conservancy, America's Health Insurance Plans, and the New York Health Plan Association. Dan is also a registered pharmacist.

About CVS Health

CVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we're transforming health at www.cvshealth.com.

Media contact

T.J. Crawford
Vice President, External Affairs
212-457-0583
crawfordt2@aetna.com

Investor contact

Valerie Haertel
Senior Vice President, Investor Relations
401-770-4050
valerie.haertel@cvshealth.com

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CVS Health to invest in affordable housing and expand no-cost preventive health screenings in Orlando

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Company will invest $8.7 million in Mercy Drive neighborhood and expand its Project Health program as part of its nearly $600 million commitment to address racial inequality

WOONSOCKET, R.I. — CVS Health (NYSE: CVS) today announced it will invest in 116 units of affordable housing and expand its no-cost preventive health screening program to Orlando as part of the company's commitment of nearly $600 million over five years to address racial inequity and social determinants of health in Black communities.

"Increasing access to housing and services like preventive screenings put people in a better position to take care of their health or manage chronic disease," said David Casey, Chief Diversity Officer, CVS Health. "As part of our commitment to address social justice and racial inequity, we're addressing social determinants of health like housing and access to health care at the community level, which is where we can make a meaningful and lasting impact."

CVS Health will invest $8.7 million to help build a new 116-unit affordable housing complex in the Mercy Drive neighborhood of Orlando, Florida. The Fairlawn Village development is part of the City of Orlando's Mercy Drive Vision Plan. Data compiled as part of that plan indicate approximately 83% of Mercy Road area residents identify as African American. Additionally, almost half of the area's households are below the poverty income threshold, with a median household income of $17,846. About 55% of area households pay greater than 30% of their income on housing.

The development will include three buildings, a community center, playgrounds, on-site laundry facilities and onsite management offices. All residents will have access to on-site supportive services including adult literacy, employment assistance and financial management programs. Of the 116 units, 20 will be designated as permanent supportive housing with casework services for people experiencing homelessness, survivors of domestic violence, people with a disability or youth aging out of foster care. Local nonprofit Community Assisted and Supported Living, Inc., or CASL, will provide support to formerly homeless residents who move in to the supportive housing units.

"The City of Orlando is committed to ensuring that every person who lives in Orlando feels equally valued and has equal access to opportunity and this includes having equal access to safe, high quality housing they can afford," said Orlando Mayor Buddy Dyer. "As part of the Mercy Drive Vision Plan, residents envisioned new housing to complement the existing neighborhood. We're grateful to the incredible partnership with Blue Sky Communities and the investment of CVS Health in the 116-unit Fairlawn Village which will be a thriving new community for our residents to call home."

Additionally, the company plans a 2021 expansion to Orlando of its no-cost preventive screening program, Project Health. This program offers free biometric screenings at CVS Pharmacy locations to help identify chronic conditions before they become life-threatening illnesses. Worth over $100 in value, screenings measure body mass index, blood pressure, glucose and total cholesterol. The screenings can detect early risks for chronic conditions like diabetes, hypertension, and heart disease.

"As we expand Project Health to Orlando in 2021, we anticipate being able to reach thousands of people locally and provide hundreds of thousands of dollars in free medical services in the first year alone," said Eileen Howard Boone, SVP of Corporate Social Responsibility and Philanthropy, CVS Health.

Following the screening, event participants receive an individual health access plan with suggestions related to clinical targets for screening measures as well as nutrition and fitness. Participants will have the opportunity to consult with CVS pharmacists and MinuteClinic nurse practitioners who can help explain the risks of certain measures from each screening, how to take the appropriate next steps with a provider. These clinicians can also provide smoking cessation counseling and diabetes resources, if appropriate.

The company will hold the Project Health events at select CVS Pharmacy locations in areas of greater Orlando with higher populations of uninsured and underinsured people, including locations nearby the Mercy Drive neighborhood.

As it works to address social determinants of health in the Orlando area, the company is also exploring opportunities to expand its national workforce initiatives program in greater Orlando to provide employment services and training to the community, focused on empowerment and building local relationships that will help community members achieve meaningful employment opportunities.

About CVS Health

CVS Health employees are united around a common goal of becoming the most consumer-centric health company. We're evolving based on changing consumer needs and meeting people where they are, whether that's in the community at one of our nearly 10,000 local touchpoints, in the home, or in the palm of their hand. Our newest offerings from HealthHUB locations that are redefining what a pharmacy can be, to innovative programs that help manage chronic conditions are designed to create a higher-quality, simpler and more affordable experience. Learn more about how we're transforming health at www.cvshealth.com.

Media contact

Courtney Tavener
401-712-3698
Courtney.Tavener@CVSHealth.com

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CVS Health announces CEO transition effective February 2021

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Karen S. Lynch named the next President and CEO of CVS Health and Larry J. Merlo to retire in Spring 2021

WOONSOCKET, R.I. — CVS Health Corporation (NYSE: CVS) today announced that its Board of Directors appointed Karen S. Lynch, currently Executive Vice President, CVS Health and President, Aetna, as the company's next President and CEO, effective February 1, 2021. Ms. Lynch will also join the company's Board of Directors upon assuming her new role. Larry J. Merlo will transition from the President and CEO role on February 1, 2021, after beginning his career with the company as a community pharmacist more than 40 years ago, and serving as President and CEO for a decade. Mr. Merlo will continue to serve on CVS Health's Board of Directors until the company's next Annual Meeting of Stockholders in May 2021, and as Strategic Advisor to assist with the transition until his retirement on May 31, 2021.

"This leadership transition comes at the right time for CVS Health. This month marks the two year anniversary as one company, with our foundation clearly established and significant positive momentum across the company," said David W. Dorman, Chair of the Board of CVS Health Corporation. "As Larry has been transparent with us about his overall plans, we were able to put a thorough, multi-year process in place to consider and evaluate internal and external candidates. That process led to the selection of Karen Lynch. Larry's collaboration with Karen in the coming months will ensure an effective leadership transition."

"Karen is a seasoned health care expert who knows our business. She brings a relentless focus on the customer, a strong track record of driving growth and innovation, and proven transformational leadership, all of which position her well for success. Our Board of Directors believes that Karen is the right leader to guide CVS Health into its next era of growth as the company continues its transformation," Mr. Dorman continued.

"I am deeply honored to have the opportunity to succeed Larry and lead CVS Health on the next phase of our important journey to meet America's health care needs," said Karen S. Lynch, Executive Vice President, CVS Health and President, Aetna. "Never before has our purpose been more critical than during these unprecedented times. Together with the CVS Health leadership team and all of our colleagues, I will work to build on the strong foundation Larry has put in place to continue to make health care more accessible and affordable, driving better health outcomes for our consumers and communities. I am highly confident about our company's future and look forward to further accelerating the value we bring to all of our stakeholders."

"On behalf of CVS Health and the Board, I would like to thank Larry for his outstanding leadership and deep commitment to the company. During his tenure, CVS Health has transformed from a regional retail pharmacy into the nation's leading diversified health services company, with over $250 billion in revenues. Larry led CVS Health's industry-disrupting acquisition of Aetna in 2018, and strategically positioned the company's community-based health clinics to provide integrated and holistic health care services to all Americans. In doing so, he created new ways to deliver health care through CVS Health's unparalleled suite of assets, including a national health insurance plan provider, a pharmacy benefits manager, community-based retail pharmacies and a long-term care pharmacy services business," said Mr. Dorman. "No discussion of Larry's tenure would be complete without recognizing his leadership of the company's bold decision to eliminate the sale of tobacco products from all CVS Pharmacy stores, which was widely credited with being a catalyst for the reduction in smoking levels in the U.S."

"I am incredibly proud to have had the opportunity to lead CVS Health over the past decade as we pursue our important purpose to help people on their path to better health," said Larry J. Merlo, President and Chief Executive Officer, CVS Health. "I am grateful to our entire CVS Health team for their dedication and hard work in helping us build a powerful, integrated health services company that will enable us to transform how health care is delivered across the country. Karen has been a key partner to me in our foundational work over the last two years, and her experience and vision will be critical in driving forward CVS Health's journey of enhancing value for our customers as the nation's leading health care company for years to come."

In her current role as Executive Vice President, CVS Health and President, Aetna, and with eight years in total at Aetna, Ms. Lynch is responsible for leading the company's strategy to deliver consumer-focused, high-value health care to the millions of people Aetna serves. She is also responsible for developing diversified enterprise health care solutions that leverage all of CVS Health's assets. Prior to joining Aetna in 2012, she was President of Magellan Health Services, a diversified health services company, and held various senior executive positions at Cigna.

At CVS Health, Ms. Lynch had a critical leadership role in the company's integration of Aetna, launching its first suite of transformative products and services, including the Aetna Connected Plan, powered by CVS Health, and Aetna health plans with access to all covered MinuteClinic services at no cost. Under her leadership Medicare Advantage membership grew more than three times the industry average, generating outstanding membership growth of over 30 percent in 2019. Ms. Lynch has also been instrumental in the design of the HealthHUB strategy, incorporating the HealthHUBs' differentiated suite of services into Aetna's offerings.

Ms. Lynch is consistently rated as a top innovator and influencer in the health care space and has been named to Business Insider's Top 100 People Transforming Business for the significant role she plays in transforming businesses through innovative solutions that deliver value to customers and drive growth. From 2016 to 2020, she was named to Fortune's Most Powerful Women in Business list. Ms. Lynch also serves on the Board of U.S. Bancorp and is the Chair of its Audit Committee.

About CVS Health

CVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we're transforming health at www.cvshealth.com.

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CVS Health reports third quarter results with diversified assets delivering strong enterprise performance

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Alzheimer’s Association and CVS Health join together to fight Alzheimer’s for second consecutive year

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November in-store fundraising campaign to support Alzheimer’s Association’s efforts to help those at greater risk of COVID-19

CHICAGO, November 2, 2020 – For the second consecutive November, the Alzheimer’s Association and CVS Health will join together for an in-store fundraising campaign aimed at fighting Alzheimer’s disease – a disease impacting more than 5 million Americans and 16 million caregivers across the country. The campaign is part of a three-year, $10 million commitment from CVS Health to the Alzheimer’s Association. This year’s campaign will highlight the vulnerability of people living with Alzheimer’s and their caregivers during the current COVID-19 pandemic.

 “The COVID-19 pandemic has been challenging for all our customers, but families impacted by Alzheimer’s have been particularly vulnerable,” said Eileen Howard Boone, SVP of Corporate Social Responsibility and Philanthropy, CVS Health. “This campaign will support Alzheimer’s Association care and support programs, including online and virtual programs, to help these families during the current pandemic and beyond.” 

While Alzheimer’s and other dementia do not seem to increase the risk of COVID-19, dementia-related behaviors, increased age and common health conditions that often accompany dementia may increase risk of contracting COVID-19 and other illnesses. In addition, Alzheimer’s caregivers may be at additional risk because many social distancing protocols are not possible due to the intensive, hands-on care needed by people living with the disease. 

“Since the pandemic, the Alzheimer’s Association has been committed to expanding our virtual resources for Alzheimer’s and dementia caregivers, while also educating the public about the unique challenges facing these caregivers,” said Donna McCullough, chief field and development officer, Alzheimer's Association. “Joining forces with a respected health leader like CVS Health will give even greater visibility to these efforts and enable us to continue to support families affected by Alzheimer’s during this critical time.”

The in-store fundraising campaign launched November 1 at CVS Pharmacy locations nationwide. During the campaign CVS Pharmacy customers will have the opportunity to contribute to the Alzheimer’s Association by rounding up the change on purchases to the next dollar. November is also National Alzheimer’s Disease Awareness Month and National Family Caregivers Month, making it a critical time to support the cause.

Graphic that reads, "Help us create a future without Alzheimer's and all other dementia".

Throughout the month, the Alzheimer’s Association and CVS Health will share tips and resources to help caregivers navigate COVID-19, as well as general information to address caregiver stress. Currently, more than 16 million family members and friends are serving as Alzheimer’s caregivers. Nearly half of all caregivers (48 percent) who provide help to older adults do so for someone with Alzheimer’s or another dementia. 

In conjunction with the partnership, CVS Health is also serving as a national presenting sponsor of the Alzheimer’s Association Walk to End Alzheimer’s, which takes place in more than 600 communities across the country each year. 

“The Alzheimer’s Association is grateful for the commitment and enthusiasm CVS Health brings to the fight against Alzheimer’s,” McCullough said. “The funds raised through our partnership will bolster our efforts to support families facing Alzheimer’s and advance much needed research that will one day change the future for millions.”

About the Alzheimer’s Association
The Alzheimer’s Association is a worldwide voluntary health organization dedicated to Alzheimer's care, support and research. Our mission is to lead the way to end Alzheimer’s and other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer's and all other dementia™. Visit alz.org or call 800.272.3900. 

About CVS Health
CVS Health employees are united around a common goal of becoming the most consumer-centric health company. We're evolving based on changing consumer needs and meeting people where they are, whether that's in the community at one of our nearly 10,000 local touchpoints, in the home, or in the palm of their hand. Our newest offerings – from HealthHUB® locations that are redefining what a pharmacy can be, to innovative programs that help manage chronic conditions – are designed to create a higher-quality, simpler and more affordable experience. Learn more about how we're transforming health at www.cvshealth.com.
 

An elderly person's hand on a cane with a caregiver's hand on top in a reassuring gesture.
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