The prescribing of medication in workers' compensation cases is down, reportedly, including a 65.1 percent drop in the costs for compounded medications, according to an industry report quoted in Business Insurance this past August.
- Prescription costs per claim were down 10.9 percent in 2017 and overall use of prescribed medicine dipped 8 percent.
- Opioid costs per claim were down 17.3 percent and prescribed opioid use dipped 13.2 percent.
- Compound costs per claim dropped 65.1 percent and use declined 67.3 percent.
Some ascribe the results to better claims management, others to innovations such as in–house pharmacy and prescription monitoring, such as that implemented by Applied Underwriters' in-house pharmacy system.
Regardless, the trend is a good sign.
Source: Business Insurance