WPS Press

Enrollment Begins for WPS Health Insurance/Medco Medicare-approved Prescription Discount Card

Madison, WI -- May 3, 2004 Enrollment in the WPS Health Insurance/Medco Medicare-approved Preferred Prescription Discount Card Program is now just a phone call or a mouse click away, announced WPS Health Insurance and Medco Health Solutions (NYSE:MHS). Medco is one of 36 Medicare-approved prescription discount card sponsors.

Beginning May 3, all Medicare beneficiaries, including those who qualify for the Transitional Assistance $600 credit program, can sign up for the WPS Health Insurance/Medco Preferred Prescription Discount Card Program by calling (877) 659-5143 to enroll with a customer service representative, or by visiting WPS Health Insurance's website.

The WPS Health Insurance/Medco Preferred Prescription Discount Card offers Medicare-beneficiaries savings ranging up to 30 percent or more on virtually all brand and generic prescriptions approved by the Centers for Medicare and Medicaid Services (CMS). The program also offers enrollees access to Medco's safe, convenient mail order pharmacy network, clinical expertise, award-winning online pharmacy, and network of more than 48,000 retail pharmacies nationwide.

"This is an important day for the Wisconsin Medicare beneficiaries who have been anxiously waiting to see how much they can save on their prescription medications by using a Medicare-approved discount card," said Bob Andrew, Vice President of WPS Marketing. "When beneficiaries look at the WPS Health Insurance/Medco card, they will see that it can offer significant savings on most medications, with even greater savings achieved by using generics, when appropriate, and by using mail order pharmacy."

Medicare beneficiaries interested in comparing medication costs using the WPS Health Insurance/Medco discount card can access this information via the Medco website. Here, potential enrollees and card members can also learn about ways to further reduce drug costs, obtain important health and prescription safety information, and manage their discount card account.

Medicare beneficiaries can also call Medco's Customer Care center and speak with a customer service representative about the program, and ways to maximize cost savings. Card holders can also speak with one of Medco's 1,800 highly skilled pharmacists about their medications.

"We know that sorting through all of the information available and choosing the right card can be overwhelming for Medicare beneficiaries who have not had access to a program like this before," continued Andrew. "WPS Health Insurance and Medco are committed to providing easy-to-understand information, tools and resources to help Medicare beneficiaries navigate this vast new world of prescription benefits that they now have access to."

The WPS Health Insurance/Medco Preferred Prescription Discount Card is available for an annual fee of $25. Additional information about Medicare-approved discount drug cards is available from the Centers for Medicare and Medicaid Services by calling 1-800-MEDICARE or visiting www.medicare.gov. TTY users should call 1-877-486-2048.

About Medco

Medco Health Solutions, Inc., a leading pharmacy benefit manager with the nation's largest mail order pharmacy operations, assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide. Its customers include private- and public-sector employers and healthcare organizations. Medco is traded on the New York Stock Exchange under the symbol MHS. On the Net: www.medcohealth.com (Please note that you will be leaving the WPS website) .

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This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties which may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this presentation should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Registration Statement on Form 10 filed with the Securities and Exchange Commission (SEC File No. 1-31312).