Today’s issue of WorkCompRecap features NCCI’s release of the 2018 update to its Workers’ Compensation and Prescription Drugs research brief, which breaks down the major factors that make up overall prescription drug costs for the industry and covers recent trends observed in their use.
Key findings from this edition included that prescription drug costs per active claim declined by 2% in 2015 and by 4% in 2016, with utilization is the main contributor to the decreases. Prescription drug prices continued to rise, although at a slower rate than in previous years. The report also notes that opioid costs per active claim have declined by 3% in 2015 and 7% 2016 due to lower utilization. Finally, NCCI also noted that the top three drugs – Lyrica, OxyContin, and Gabapentin accounted for more than 15% of prescription drug costs in 2016.
Find out more (including a link to the free report!) by clicking here!