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Pharmacy Benefits Management
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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.
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.
Legalized use of medical and/or recreational marijuana in some states raises questions about what workplace safety, drug testing, and other risk management policies employers may want to adopt or modify and the possible consequences of the policies.
Express Scripts Research Shows Choosing Appropriate Medications Could Save Workers' Compensation Pay
Published: 03/19/2012 in Workers’ Comp & Disability
Choosing clinically equivalent, lower-cost narcotic medications could cut more than $23 million a year in pharmacy-related costs for workers' compensation claims, according to an Express Scripts analysis.
CorVel’s Focus on Pharmacy Management whitepapers aim to provide readers with tools and approaches to to mitigate exposure in their risk program.
Published: 02/23/2015 in Workers’ Comp & Disability
The use of compounded medications can raise concerns in regards to safety and efficacy. This paper provides 17 questions to ask when evaluating compounded medications to help determine if they are the right medication for the injured workers' needs.
Many work injuries are treated with powerful narcotics. Read about a treatment approach that focuses on patient education and engagement.
Published: 07/31/2013 in Workers’ Comp & Disability
Experts from Healthcare Solutions identify and debunk five common myths in workers’ compensation and explain why a thorough understanding of these issues can help improve injured worker outcomes, decrease administrative burden and reduce costs.
Compounded medications, created as one-of-a-kind prescriptions, are becoming a sneaking suspicion within the healthcare management industry due to recent increases in usage and their corresponding high costs.
Despite significant outside influences on the cost of prescriptions, First Script’s clients experienced a 5.3% decrease in drug utilization due to our management programs. This, and other trends, are outlined in the 2012 Pharmacy Trend Analysis.