CVS 2010 Annual Report Download - page 7

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As baby boomers age, approximately 70 million
Americans will turn 65 over the next 20 years.
That’s almost 10,000 people turning 65 every day! This demographic shift
represents a significant opportunity for the pharmacy industry and CVS Caremark
in particular. For starters, people 65 and older fill more than 25 prescriptions
annually on average. That’s three times the national average. An aging America
will increase utilization dramatically for years to come and help drive the growth
of both our PBM and retail businesses. The graying U.S. population is also likely
to drive the Medicare Part D sector. As one of the nation’s leading providers of
Medicare Part D prescription drug plans and other Medicare Part D services, we
see this as an important growth area in the years ahead.
is this
Robert’s 65th Birthday Party
- or -
A Key Driver of Pharmacy Sales
?
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