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The Company's direction revision follows a review of its just lately finalized health-related Expense pattern analysis for that fourth quarter of 2023 plus the prospective implications for elevated healthcare Price tag tendencies in 2024.

Powerful January 1, 2023, mail & specialty revenues exclude Routine maintenance Preference action, which can be now mirrored within just pharmacy network revenues. Prior period of time fiscal info has been revised to conform with latest period presentation.

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Prior yrs' wellness care expenditures payable estimates produced favorably by $675 million in the yr finished December 31, 2023. This enhancement is claimed with a basis consistent with the prior yrs' improvement documented in the overall health treatment prices payable table in the business's yearly audited economical statements and does not directly correspond to an increase in 2023 working effects.

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(9) Health and fitness Solutions pharmacy network revenues relate to promises stuffed at retail and specialty retail pharmacies, such as the Firm's retail pharmacies and LTC pharmacies. Efficient January one, 2023, pharmacy community revenues also involve activity connected to Upkeep Preference, which permits suitable shopper program users to fill their maintenance prescriptions through mail order shipping and delivery or in a CVS pharmacy retail retail store for a similar selling price as mail order.

Early tax refund deposit relates to federal tax returns filed immediately with The interior Income Support more info (IRS) and is dependent upon IRS timing, payment Recommendations and financial institution fraud prevention measures.

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An audio webcast of the decision are going to be broadcast at the same time for all interested get-togethers from the Investor Relations section on the CVS Health website at . This webcast will be archived and out there on the website for just a a single-12 months time period subsequent the conference connect with.