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In This Issue...
In this issue of Keeping Current, we are highlighting three issues that are important to our clients. As we have detailed, there are a significant number of brand name drugs that are losing their patents. This will equate to significant savings for both KPPC clients and individual members. Combined with the innovative practices highlighted in the other articles, the potential for increased savings for KPPC members is growing by leaps and bounds. Keenan looks forward to providing you with excellent best-value, cost-saving solutions as well as keeping you informed on the market trends that are important to your program.
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Expiring Rx Patents Equate to a Bounty of Savings
Plan sponsors have known for some time that increases in generic utilization are healthy for a company's bottom line. For most plans, every one percent increase in generic dispensing rate can save one to two percent of total drug expenditures.
» Read more
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Building on a Legacy of Innovation
Continuing its commitment to drivewaste out of the health care system, Pharmacy Benefits Manager Express Scripts has recently opened its new one-of-a-kind Research & New Solutions Lab.
» Read more
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Express Scripts Offers New Ways to Improve Care, Cut Costs
Based on data findings in Express Scripts' 2010 Drug Trend Report, annual pharmacy-related waste in the United States can be reduced by 33 percent simply by facilitating patients' good intentions to improve common behaviors linked with their prescription drugs.
» Read more
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Keeping Current
Your source of information about the Keenan Pharmacy Purchasing Coalition (KPPC). In this and upcoming issues, we will be providing you with:
- solutions for improving pharmacy benefit performance
- items that may be of interest to your employees to pass along
- information on trends and innovations in pharmacy benefits
We hope you enjoy Keeping Current and we invite you to send us your comments and suggestions on what you'd like to see. You can reach us at kppc@keenan.com
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Contact:
Keenan & Associates
P.O. Box 4328
Torrance, CA 90510
800.654.8109
www.keenan.com
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