Company Profile
Company Overview
Caremark is a Fortune 100 company, dedicated to improving the lives of millions of Americans. As one of the largest Prescription Benefit Managers (PBMs) in the United States, we provide health management solutions to corporations, insurance companies, unions, government agencies, and managed care organizations. With the recent integration of Caremark and AdvancePCS, an industry leader with a bright future has emerged.
Continuing market share growth and product diversification guarantee a dynamic work environment with real career path opportunities. If you would like to join a company that empowers you to succeed, look to Caremark for the next best step in your career.
Company History
1978 Baxter Healthcare Corporation (Deerfield, Illinois) launches the First National Hemophilia Home Service.
1983 Hemophilia Patient Home Health Care is launched.
1985 Baxter taps its expertise in healthcare cost management to begin providing prescription benefit management services. As a division of Baxter, Caremark launches Mail Service Pharmacy, IGIV Home Care Services, and Growth Hormone Distribution and Services.
1991 Caremark purchases Prescription Health Services (PHS).
1992 Caremark spins off from Baxter. The Caremark Formulary is developed and Clinical Intervention Programs are introduced.
1993 Caremark sets up offices in Redlands, California.
1994 Caremark expands product lines and sets up additional offices in Northbrook, Illinois.
1995 Caremark launches CarePatterns® Disease Management programs.
1996 Caremark enters the multiple sclerosis marketplace.
1997 Caremark merges the prescription benefit management business and the biotech business.
1998 Caremark defines pharmaceutical services as its core operating unit and establishes a National Pharmacy & Therapeutics Committee.
1999 Caremark launches online prescription refills.
2003 Caremark Rx and AdvancePCS announce strategic combination creating $23- billion revenue company.
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Benefits
At Caremark we want you to enjoy every aspect of your career. That's why we've created a professional environment that encourages growth and success. That's also why we offer benefits and advantages that support the health and well being of you and your family.
Some of the Caremark Advantages:
Paid time off
Health insurance, including prescription drug plan
Dental insurance
Vision discount program
Incentive salary program, with opportunities to increase total compensation based on corporate and individual performance
Education reimbursement
Employee stock purchase plan
Professional development: training, continuing education, and advancement opportunities
401(k) savings plan
Employee, spouse, and child life insurance
Accidental death and dismemberment insurance
Short-term and long-term disability insurance
Business travel accident insurance
Credit union membership
Reimbursement accounts for health and dependent care
Employee assistance program
Adoption assistance