Today’s issue of WorkCompRecap features Coventry’s release of the 2015 edition of its First Script Drug Trends report, which examines traditional Pharmacy Benefit Management (PBM) trends and also shares Coventry’s view into the total pharmacy experience.
Key findings from the report include that overall cost per claim rose at half of the pace of recent years, opioid costs per claim fell compared to 2014 (helped in part by the rescheduling of hydrocodone-combination products), and a decrease in drug utilization that offset an increase in cost per prescription. Coventry noted that a significant number of workers get their meds outside of oversight mechanisms available to traditional retail pharmacies (compounding and physician dispensing), creating additional risks to patient safety and outcomes, which it is working to address by taking into account both managed and unmanaged pharmaceutical transactions.
Find out more (including a link to the free report!) by clicking here!
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This is not a paid placement.