CVS Health operates pharmacy, health insurance, care delivery, and pharmacy benefit management businesses.
Raising minimum wage to $16/hr and eliminating out-of-pocket costs for low-income employees ($75M program) reduced healthcare costs 7.5% in year one, drove stock from $39 to $80, and created 2,000 millionaires at CVS sale. Two-thirds of 652% TSR came from multiple expansion driven by employee engagement, not just earnings.