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Coventry Releases Part Four of 2019 Workers’ Comp Drug Trends Series Report

September 11, 2020 - WorkCompWire

Downers Grove, IL – Coventry recently announced the release of part four its our workers’ compensation drug trends series, which takes a closer look at high impact drug classes.

The report notes that categories such as topicals, compound kits, combo packs, and specialty medications represent proportionately low utilization. However, they can be associated with exponentially significant costs.

Recognizing the trends related to such cost drivers can help promote clinically appropriate savings.

Highlights from part four include:

  • Topical and specialty classes accounted for an increased percentage of total cost
  • The number of injured workers using topical medications rose 7.5% to 13.4%
  • 4 of the top 5 specialty disease conditions had double-digit increases in cost per claim from 2018-2019

Each part in the series is accompanied by an ongoing deeper dive into various related topics to address the specific trends highlighted in the infographics.

View the report: Coventry Workers’ Comp Drug Trends Series Part 4

Source: Coventry

Disclosure:
Coventry is a WorkCompWire ad partner.
This is not a paid placement.

Filed Under: Association, Rating & Research News, Industry News, Top Stories, Workers' Compensation

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