Magazine ranks CVS among best fertility, adoption-friendly companies

WOONSOCKET, R.I. CVS Caremark has been ranked by Conceive magazine to be among the 50 best fertility and adoption-friendly companies in the United States.

"At CVS Caremark we are focused on being the best company for which to work and have implemented many programs and initiatives to help us achieve that goal," stated V. Michael Ferdinandi, SVP human resources for CVS Caremark. "We recognize that the journey to start a family can be an expensive undertaking for some couples and we have developed our benefits package to support our employees no matter what route they take; whether they give birth or choose to adopt, we have benefits to help support our employees and make their dreams of starting a family become a reality."

CVS Caremark's employee benefits include financial adoption assistance for each employee, six to eight weeks paid leave for birthmothers and up to 12 weeks unpaid leave for birth and adoptive parents and infertility treatment coverage for infertility diagnostic procedures, fertility medications and assisted reproductive technologies up to $20,000 per employee.

CVS Caremark is featured as one of the 50 Best Companies in the May/June 2009 issue of Conceive, the third annual special feature focused on the employers that offer the best benefits for women and men hoping to be parents.