Maryland Association of Boards of Education Partners with Keenan Pharmacy Purchasing Coalition

ANNAPOLIS, MD. – October 1, 2014 – MABE has partnered with Keenan Pharmacy Purchasing Coalition to offer member schools systems a new pharmacy benefits initiative that provides much-needed fiscal relief from escalating prescription drug coverage.

Pharmacy expenses are a major driver of increasing health care costs. Between 2015 and 2020, annual drug expenditures are expected to increase over 40%. The Keenan Pharmacy Purchasing Coalition (KPPC) is an innovative pharmacy program that delivers cost savings and the most advanced prescription management capabilities for a school system’s employee benefit offering. KPPC allows them to take advantage of volume discount pricing and the most generous manufacturer rebates, while providing guaranteed improvement in drug cost management without changing your existing plan design.

Because school districts do not have to alter the design of current prescription plans to participate in this new program, KPPC’s savings are available to districts that are currently under contract with employee bargaining units. As total enrollment in KPPC reaches specified thresholds, all participating districts automatically receive reduced pricing.

Keenan is the latest edition to MABE’s Partnership Services Program. MABE partners with select companies, providing member districts the services that enable them to operate more efficiently, offer benefits to staff, or generate revenue. MABE Partnership Services contribute to the mission of serving and supporting Maryland boards of education.

Contact: Sandi Barry, Communications & Marketing Coordinator
sbarry@mabe.org, 410.841.5414, 800.841.8197

 

About MABE
Founded in 1957, the Maryland Association of Boards of Education is a private, non-profit organization dedicated to serving and supporting boards of education in Maryland. MABE is a leading advocate for public education in the state. All 24 Maryland boards of education are members of MABE.

Maryland Association of Boards of Education
621 Ridgely Avenue, Suite 300, Annapolis, MD  21401-1112
410.841.5414 – 800.841.8197
www.mabe.org