(From www.businessinsurance.com) More control over drugs such as powerful opioids, better integration with pharmacy benefits managers and prescriber interventions are among the reasons employers spent 8.7 % less in workers compensation drugs costs in 2015, according to a survey released Tuesday by a workers compensation PBM consortium.
CompPharma L.L.C.’s 13th annual Survey of Prescription Drug Management in Workers’ Compensation study revealed the latest round of data to be in line with a steady decrease in spending, with payers surveyed since 2011 having seen costs drop by 11%. The downward trend was interrupted in 2014 with a 6.4% increase over 2013’s results, an increase CompPharma pinned on inflation. READ MORE >