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Pharmacy Benefits Management
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Published: 05/21/2014 in Workers’ Comp & Disability
Currently, 21 states and the District of Columbia have passed laws allowing for the medical use of marijuana. However, during this time marijuana has remained a Schedule I substance at the federal level, causing confusion...
Many work injuries are treated with powerful narcotics. Read about a treatment approach that focuses on patient education and engagement.
Twenty years ago there were only ten specialty drugs on the market and they were rarely seen in workers’ compensation. Today there are over 300 and drugs such as anticoagulants and antivirals are making their way into claims.
Sedgwick’s 2012 Drug Trends Report identifies drug safety and cost concerns and showcases client outcomes. Download for a closer look at the improvements and savings our customers achieved last year utilizing our advanced drug management strategies.
Express Scripts’ Physician-Dispensed Medication Solution provides payers visibility into the true cost of medication.
Transforming provider networks: Sedgwick’s five-star provider benchmarking program uses data to build networks on quality of care and successful claims outcomes. Read more to learn how clients consistently realize 20% reduction in total cost of risk.
Published: 02/06/2014 in Workers’ Comp & Disability
Many Boomers are now choosing to stay at work past traditional retirement age. That will create a number of ripples, one of which will reach the world of workers’ compensation.
How can employers help injured workers while ensuring appropriate use of narcotics and reducing unnecessary costs? Take a look into Sedgwick’s clinically based process, which aligns resources to impact safety, return to work and better outcomes.
Published: 04/10/2014 in Claims Management
Overall drug trend for workers' compensation increased 9.5%, according to the Express Scripts Workers' Compensation Drug Trend Report, primarily from an 8.2% jump in cost per prescription.
This study looks inside a catastrophic work comp case that included multiple opioids totaling over $27,000 a month. The case was brought to myMatrixx for review and the outcome delivered a savings of over $250,000 per year for the claim.