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On the Call: CVS Caremark/Executive VP/Per Lofberg

The Associated Press

During a conference call Tuesday to review third-quarter results, executives of CVS Caremark Corp. discussed the health care trends they expect for next year and beyond.

QUESTION: Do you foresee a lot of businesses moving away from providing health benefits to employees in 2013 or 2014 on expectations those workers can get coverage in the state insurance exchanges that are to start operating in January 2014 under the Affordable Care Act?

ANSWER: The exit of small and mid-size employers from providing health coverage is probably a little further out.