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Pharmacy Benefits Management
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Many work injuries are treated with powerful narcotics. Read about a treatment approach that focuses on patient education and engagement.
Published: 09/05/2012 in Workers’ Comp & Disability
It's no secret prescription drug spending represents a disproportionately high percentage of workers' compensation costs. This white paper discusses a recent NCCI study on rising prescription drug costs and Sedgwick’s pharmacy solutions for clients.
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.
Published: 07/01/2015 in Workers’ Comp & Disability
Society is aware of the risks of misuse, abuse, addiction, overdose, and even death that come with the use of opioid analgesics, yet many overlook how chronic pain and opioid analgesics can affect the systems in the body.
Published: 09/15/2014 in Workers’ Comp & Disability
With increasing emergency room visits due to the misuse or abuse of opioid analgesics, a medication largely used in the workers’ comp industry, payers are seeking tools to reduce their misuse or abuse. Learn about the success of such a tool.
A recent study found no clinical evidence that compounds are more effective than commercially available, manufactured drugs.
Published: 06/03/2015 in Workers’ Comp & Disability
By employing cost and utilization strategies to lower workers' compensation costs, we can work together to mitigate the factors that influence medication spend, while also improving outcomes for injured workers.
Published: 05/23/2014 in Claims Management
Twenty years ago there were only 10 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.
The 2013 Workers’ Compensation Drug Trend Report highlights our multipronged analysis of compounded medications from the drug, state, pharmacy and physician perspective.
The increasing demand for medical care due to the Afford¬able Care Act has led to an expanded role for Nurse Practitioners and Physician Assistants. And our data has shown an increase in the number of opioid analgesics prescribed by NPs and PAs.