Waco Independent School District Ionwave #26-1311

Waco ISD Solicits Pharmacy Benefits Management Services for Employees and Dependents

Waco Independent School District (Waco ISD) in Texas is seeking proposals for Pharmacy Benefits Management (PBM) Services for its employees and their dependents. - Government Buyer: - Waco Independent School District (Waco ISD), Purchasing & Warehouse Services, Waco, TX - OEMs and Vendors Mentioned: - CVS (incumbent PBM) - Other referenced PBM vendors: Aetna, American Health Care Administrative Services, Appro-Rx, Arbor Benefit Group, Avesis, Baker Benefits Administrators, Bay Bridge Administrators, Baylor Scott & White Health Plan, BB&T Corporation, BCBSTX - Products/Services Requested: - Pharmacy Benefits Management Services for approximately 2,423 plan members - Comprehensive PBM solution including: - Claims processing - Formulary management (exclusionary formulary required) - Specialty drug management (exclusive specialty arrangement) - Rebate pass-through - Utilization controls - Clinical programs - Educational wellness information - Compatibility with district HR/payroll/accounting systems - Broad pharmacy network with narrow retail 90 pricing - Transparent, pass-through pricing and financial guarantees - Multi-year rate stability and cost-containment strategies - Unique or Notable Requirements: - Carved-out PBM solution (separate from medical benefits) - Strict adherence to RFP format and confidentiality - Vendors must submit an executable contract aligned with their proposal - District may terminate after the first year with 90 days' notice and no termination charges - Annual financial claims audits in years 2 and 3 - Performance guarantees measured annually and reconciled quarterly - All correspondence through Gallagher Pharmacy Practice (GPP) - No specific product part numbers or quantities are listed, as this is a service procurement.

Description

The Waco Independent School District is seeking vendors qualified to provide Pharmacy Benefits Management Services effective January 1, 2027. The solicitation is for vendors that can provide a prescription drug plan for district employees and their dependents. The District is seeking competitive proposals for a carved out pharmacy benefits management service that delivers competitive and transparent pricing along with proven cost-containment strategies to reduce overall pharmacy spend. The contract term requested is three years, starting January 1, 2027, with the option for the District to terminate after the first year with 90 days written notice.

View original listing