CEO of Comprehensive Care named to 'America's Agenda: Health Care for All' board

May 28 2013

Comprehensive Care Corporation (OTC BB: CHCR), a leading behavioral health, substance abuse and pharmacy management provider for employers, Taft-Hartley health and welfare funds, and managed care companies, announced today that its Chairman and CEO, Clark A. Marcus , has been named to the Board of Directors of "America's Agenda: Health Care for All."

"America's Agenda: Health Care for All" is an alliance of national labor unions, businesses, health care providers and government leaders who share a common commitment to guaranteeing access for everyone to affordable, high quality health care. 

"Over the past two years, I and my team at CompCare have been acutely aware of the negative impact the rising costs of pharmaceutical programs have had in the U.S.  We have worked diligently to design an alternative delivery Pharmacy Savings Program that would rein in the spiraling pharmaceutical costs.  We launched our Pharmacy Savings Program earlier this year, committing to saving our clients a minimum of 10% off of their prior year's pharmacy spend, and we backed up that promise with a Performance Surety Bond issued by a national surety leader," said Mr. Marcus. 

"My membership on the America's Agenda Board of Directors places CompCare in a position to play a significant role, alongside key health care leaders in Washington DC and the nation, in solving the vexing financial challenges of the nation's health care system," said Mr. Marcus.

Mark Blum , Executive Director of "America's Agenda:  Health Care for All," in a personal letter to Mr. Marcus, stressed that "increasing the affordability of pharmaceutical medication has value that significantly surpasses prospective savings on the drug spend. When needed pharmaceutical medications become more affordable, substantial spillover benefits are created in terms of improved patient health and reduced need for costly downstream medical interventions. CompCare is focusing on this critical component of any successful strategy to rein in growth in health costs, while improving quality of care."

Mr. Blum continued:  "We have high regard for the innovative approach CompCare is pioneering to make medications more affordable and to integrate appropriate use of pharmaceutical medications with overall behavioral and physical health.  We look forward to the partnership with CompCare and to your personal leadership, Clark, in advancing the mission of America's Agenda."

"Health care in the U.S. is in crisis and prescription drug prices are playing a large role in this problem because costs are rising at more than twice the rate of inflation and at a rate significantly higher than other health care costs.  That is why I am so pleased by my appointment to this prestigious Board.  If we can reign in prescription drug prices, we can do much to solving America's health care cost issues," Mr. Marcus explained