Schenectady, NY – The New York State Workers’ Compensation Board recently announced that it has prepared a third revision to the proposed NYS Workers’ Compensation Drug Formulary originally announced in Subject Number 046-1012, Board Announces Draft Regulations for New York State Pharmacy Formulary on December 28, 2017.
Additional information about this revision includes:
- A requirement that all compounded medications must receive prior authorization prior to prescribing and/or dispensing of the medication.
- Clarification that the Board will create the template for insurance carriers to notify affected medical providers and claimants regarding the Formulary.
The Board encourages the public, injured workers, employers, self-insured employers, insurance carriers, third-party administrators, attorneys, medical providers, and labor and business organizations to provide comment. Submit your comments on or before May 17, 2019, to email@example.com. The Board will evaluate all comments received and will consider necessary revisions as the process advances.
The Board noted it is committed to the successful implementation of the Formulary, and looks forward to receiving comments.
Source: NYS WCB