CompCare, UticaCSD sign Pharmacy Savings Management Agreement

Comprehensive Care Corporation ("CompCare") (OTC BB: CHCR), a leading behavioral health, substance abuse and pharmacy management services provider for employers, Taft-Hartley health and welfare Funds, and managed care companies throughout the U.S., today announced the signing of a Pharmacy Savings Management Agreement with Utica City School District ("UticaCSD").

"We are delighted to be working with the UticaCSD and pleased that this relationship came about as a result of their healthcare consultant selecting CompCare to provide our Pharmacy Savings Program to them. We believe that our selection by their consultant provides us with a strong measurement of how much traction and momentum our program is receiving.  We have found that our commitment to not only save our clients material sums of money on their pharmacy spend, but to back up that commitment with a performance bond resonates well with union and management leadership alike, especially at a time when everyone is being particularly careful about how they spend their money.  Our Pharmacy Savings Program provides our clients with the ability to materially reduce their Pharmacy spend from prior years. Through our Behavior Health/Wellness Program, we also provide our clients with the ability to generally improve the overall health of their members/employees.  Less cost and a healthier population – a much needed real result of our program," said Clark A. Marcus , Chairman and CEO of CompCare.

"As healthcare consultant to the UticaCSD, I recommended they switch their pharmacy vendor to CompCare's Pharmacy Savings Program, which will guarantee them a savings of at least 10% over their current pharmacy expense.  They were absolutely delighted to make this switch indicating that CompCare's guaranteed savings will help them in their efforts to retain their teachers, which is the best reason they can think of for transferring their pharmacy management business to CompCare.  It is for this reason that I intend to recommend the CompCare Pharmacy Savings Program to all of my clients.  The 10% guaranteed savings is significant to my clients and their members and, in some cases, could make all the difference between increasing or not needing to increase their local dues," said John S. Argiro of Upstate Financial Services. Mr. Argiro also serves as a special pharmacy consultant to the Company.