June 19, 2018

WorkCompRecap: Drugs for Decades…

Today’s issue of WorkCompRecap features the release of a new report from CWCI that found that nearly 70% of federally mandated and approved Medicare settlements for injured workers require funding for decades of opioid use, often at dangerously high levels.

The study examined data from almost 8,000 California WCMSA Plans that were submitted and approved by CMS in 2015 and 16, and found that on average, insurers allocated $103,393 at the time of the injured workers’ settlements to cover the future medical expenses associated with their work injuries, with $48,986 (47%) of that amount set aside to pay for prescription drugs. Opioids were the number one drug type included in WCMSAs, found in 69.4% of the approved plans, and overall, opioids accounted for 27.7% of all WCMSA prescriptions – more than twice the proportion of any other drug category.

Find out more by clicking here!

  • RSS
  • Twitter
  • LinkedIn