Today’s issue of WorkCompRecap features news from workers’ compensation pharmacy benefit manager (PBM) organization CompPharma, who are currently working to stop legislation being considered in the New York Senate and Assembly, which they expect to would remove a key element of patient safety, increase employers’ costs, and eliminate pharmacy savings from 2007 workers’ comp reforms. Find out more by clicking here!
Also in the news today are some results from the Commercial Lines Insurance Pricing Survey (CLIPS) released by Towers Watson. According to the recent survey, commercial insurance prices in aggregate increased by nearly 5% during the first quarter of 2012, with the largest price increases once again in workers compensation, where prices increased for the fifth consecutive quarter. Find out more by clicking here!