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New WCRI Report: Texas-Like Formulary for North Carolina State Employees

March 28, 2016 - WorkCompWire

Cambridge, MA – Last year, the North Carolina General Assembly directed the North Carolina Industrial Commission to study the implementation of a drug formulary for workers’ compensation claims filed by state government employees.

A new WCRI report, Texas-Like Formulary for North Carolina State Employees, focuses on two major issues in that mandate – specifically, how a Texas-like closed formulary might affect the prevalence and costs of drugs prescribed to North Carolina state employees.

The report’s major findings address the following questions:

  • How frequently are non-formulary drugs that require preauthorization under the Texas closed formulary prescribed to North Carolina state employees, and what are the frequently prescribed non-formulary drugs?
  • What proportion of the prescription costs are for non-formulary drugs?
  • If a Texas-like closed formulary is implemented, what are the potential prescription cost savings?

The data used in this analysis include more than 180,000 prescriptions filled between January 1, 2012, and December 31, 2014, by North Carolina state employees with or without indemnity benefits who received at least one prescription paid under the state workers’ compensation program.

Click here to purchase a copy: WCRI: Texas-Like Formulary for North Carolina State Employees

Source: WCRI

Filed Under: Industry News, Top Stories, Workers' Compensation

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