Express Scripts 2010 Annual Report Download - page 24
Download and view the complete annual report
Please find page 24 of the 2010 Express Scripts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Express Scripts 2010 Annual Report 20
5B8C:F9J9BI9GF9GD97H=J9@M%CB9C:CIFCH<9F7@=9BHG577CIBH98:CFCFACF9C:CIF7CBGC@=85H98F9J9BI9G
8IF=B;H<9M95F9B898979A69F%CB9C:CIF7@=9BHG577CIBH98:CFCFACF9C:CIF7CBGC@=85H98F9J9BI9G=B
:=G75@M95FGCF
/.3-+</!</=-<3:>398<?19@/<+1/
)63"3271/@3%@3A1@7>B7=<@C5;>@=D3;3<B/<2"=23@<7H/B7=<1B=4B63L""M1@3/B32B634323@/:
+=:C<B/@G%@3A1@7>B7=<@C53<347B%@=5@/;C<23@L%/@BM=4H<9*C7=5@*97IF=HM7H@=;=6@9$98=75F969B9:=7=5F=9G
5F9/0:3B==0B/7<>@3A1@7>B7=<2@C51=D3@/53C<23@%/@B0G3<@=::7<57</>@3A1@7>B7=<2@C5>:/<L%%M=@/L"3271/@3
2D/<B/53M>:/<B6/B=443@A>@3A1@7>B7=<2@C51=D3@/53/<L"%M</227B7=<B63""1@3/B32/<=>>=@BC<7BG4=@
9AD@CM9FGC::9F=B;9@=;=6@9DF9G7F=DH=CB8FI;7CJ9F5;9:CFH<9=F$98=75F99@=;=6@9A9A69FGHCF979=J95GI6G=8MD5MA9BH
6M9BFC@@=B;=BH<9)9H=F99@C5(C0A72GL'(M>@=5@/;<=@23@BC7@5=AH<9GI6G=8MH<969B9:=7=5F=9G7@5=A986MH<9
9AD@CM9F75BBCH699BFC@@98=B5''CF$'
&IFG9FJ=79GGIDDCFH7@=9BHGK<C<5J99@97H98HC697CA95''CF5B$' B588=H=CBK9GIDDCFHH<9B998G
C:9AD@CM9FGK<C9BFC@@=BH<9)*DFC;F5A.9DFCJ=89'$G9FJ=79GHCH<9G97@=9BHG5GK9@@5G'5FH:IB7H=CBGH<5H
=B7@I89A5B5;=B;A9A69FCIHC:DC7?9H7CGHG7F95H=CBC:LD@5B5H=CBC:9B9:=HGC:H<9DF9G7F=DH=CB85H59J9BH
A98=75H=CBH<9F5DMA5B5;9A9BHG9FJ=79G5B8J5F=CIGF9DCFH=B;F9EI=F986M$*
.95F95DDFCJ986M$*HC:IB7H=CB5G5'5FH''D@5BGDCBGCFC::9F=B;DF9G7F=DH=CB8FI;7CJ9F5;9HC
AD@CM9FFCID.5=J9F'@5BGH<FCI;<CIFK<C@@MCKB98GI6G=8=5FMLDF9GG*7F=DHG BGIF5B79CAD5BML(M
* =G@=79BG986MH<9F=NCB59D5FHA9BHC: BGIF5B795G5=G56=@=HM BGIF9FK<=7<A99HGH<9$*F9EI=F9A9BHGC:5
F=G?695F=B;9BH=HMF9;I@5H98IB89FGH5H9=BGIF5B79@5KGCFG=A=@5FGH5HIH9G
-;?3=3>398=+8.938>'/8>?</=
&B979A69FK97CAD@9H98H<9DIF7<5G9C:C:H<9G<5F9G5B89EI=HM=BH9F9GHGC:H<9%9LH)L'$
IG=B9GG=B9L7<5B;9:CFHCH5@7CBG=89F5H=CBC:6=@@=CBD5=8=B75G<+<9KCF?=B;75D=H5@58>IGHA9BHK5G:=B5@=N98
8IF=B;H<9G97CB8EI5FH9FC:5B8F98I798H<9DIF7<5G9DF=796MA=@@=CBF9GI@H=B;=B5:=B5@DIF7<5G9DF=79C:
6=@@=CB'F=CFHC=HG=BH9;F5H=CB=BHCCIF9L=GH=B;'$6IG=B9GGH<9%9LH)L'$IG=B9GGK5G5B5H=CB5@DFCJ=89F
C:'$G9FJ=79G.969@=9J9H<957EI=G=H=CBK=@@9B<5B79CIF56=@=HMHC57<=9J97CGHG5J=B;G=BBCJ5H=CBG5B8CD9F5H=CB5@
9::=7=9B7=9GK<=7<K=@@69B9:=HCIF7IGHCA9FG5B8GHC7?<C@89FG+<9DIF7<5G9DF=79K5GDF=A5F=@M:IB898H<FCI;<5
6=@@=CBIB89FKF=HH9BDI6@=7C::9F=B;C:G9B=CFBCH9G7CAD@9H98CB!IB9F9GI@H=B;=BB9HDFC7998GC:
A=@@=CB5B85DI6@=7C::9F=B;C:A=@@=CBG<5F9GC:7CAACBGHC7?58>IGH98HCF9:@97HH<9HKC:CFCB9GHC7?
GD@=H9::97H=J9!IB97CAD@9H98!IB9F9GI@H=B;=BB9HDFC7998GC:A=@@=CB&IF'$CD9F5H=B;
F9GI@HG=B7@I89H<CG9C:H<9%9LH)L'$IG=B9GG69;=BB=B;CB979A69FH<985H9C:57EI=G=H=CBG99%CH9J
<5B;9G=B6IG=B9GG
&B!I@MK97CAD@9H98H<957EI=G=H=CBC:H<9'<5FA57M*9FJ=79G=J=G=CBC:$*$98=75@*9FJ=79G
=;>/<GL"(M/>@7D/B3:G63:2%"4=@/>C@16/A3>@713=4;7::7=<E67167<1:C23A/>C@16/A3>@713
58>IGHA9BH:CFKCF?=B;75D=H5@5B8HF5BG57H=CB7CGHG'F=CFHC=HG=BH9;F5H=CB=BHCCIF9L=GH=B;'$6IG=B9GG$*K5G5
@9589F=BDFCD727<5%"A3@D713AB=1:73<BA>@=D727<5E=@93@AN1=;>3<A/B7=<03<347BA)63>C@16/A3>@713E/A4C<232
H<FCI;<=BH9FB5@@M;9B9F5H9875G<5B8H9ADCF5FM6CFFCK=B;GIB89FCIFF9JC@J=B;7F98=H:57=@=HM+<=G57EI=G=H=CB=GF9DCFH98
5GD5FHC:CIF'$G9;A9BH5B88=8BCH<5J95A5H9F=5@9::97HCBCIF7CBGC@=85H98:=B5B7=5@GH5H9A9BHGG99%CH9J
<5B;9G=B6IG=B9GG
.95F9CB9C:H<9:CIB89FGC:)LI65B9@97HFCB=79L7<5B;99B56@=B;D<MG=7=5BGK<CIG99@97HFCB=7DF9G7F=6=B;
H97<BC@C;MHC@=B?HCD<5FA57=9G'$7CAD5B=9G5B8<95@H<D@5BG&B!I@MH<9A9F;9FC:)LI65B8
*IF9*7F=DHGK5G5BBCIB798+<9B9KCF;5B=N5H=CB9B56@9GD<MG=7=5BGHCG97IF9@M5779GG<95@H<=B:CFA5H=CBK<9B75F=B;
:CFH<9=FD5H=9BHGH<FCI;<5:5GH5B89::=7=9BH<95@H<9L7<5B;9.9<5J9F9H5=B98CB9G=LH<CKB9FG<=D=BH<9A9F;98
7CAD5BMI9HCH<9897F95G98CKB9FG<=DD9F79BH5;9H<9=BJ9GHA9BH=G69=B;F97CF898IG=B;H<97CGHA9H<C8IB89F
K<=7<8=J=89B8G5F9H<965G=GC:F97C;B=H=CBC:95FB=B;G:FCA5B=BJ9GHA9BH+<=G7<5B;98=8BCH<5J95A5H9F=5@9::97HCB
CIF7CBGC@=85H98:=B5B7=5@GH5H9A9BHGG99%CH9J!C=BHJ9BHIF9
.9F9;I@5F@MF9J=9KDCH9BH=5@57EI=G=H=CBG5B85::=@=5H=CBCDDCFHIB=H=9G.969@=9J95J5=@56@975G<F9GCIF79G65B?
:=B5B7=B;CFH<9=GGI5B79C:588=H=CB5@7CAACBGHC7?CFCH<9FG97IF=H=9G7CI@869IG98HC:=B5B79:IHIF957EI=G=H=CBGCF
5::=@=5H=CBG+<9F975B69BC5GGIF5B79K9K=@@A5?9B9K57EI=G=H=CBGCF9GH56@=G<B9K5::=@=5H=CBG=BCFH<9F95:H9F
A33L!7?C727BG/<2/>7B/:'3A=C@13AJ1?C7A7B7=<A/<2'3:/B32)@/<A/1B7=<AM