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Webinar to examine rising pharmacy costs in workers' comp and auto
The program highlights double-digit cost increases in some retail and mail-order drug classes and notes rising utilization of migraine medications.
Risk & Insurance is set to host a webinar on Nov. 17 focused on emerging pharmacy trends in workers’ compensation and auto casualty, with attention on rising drug costs and dispensing challenges. The session will also cover strategies to improve pharmacy program performance, according to the event description.
The webinar summary says opioids are a smaller share of overall prescriptions and costs, but other retail and mail order medications have shown fluctuations, including some drug classes with double-digit cost increases. It also points to additional cost drivers such as physician dispensing of high-dollar topicals and rising migraine medication utilization.
The event notes that opioids, emerging drug classes, varied dispensing channels, and high-impact pharmaceuticals require additional analysis and understanding from payers. It also emphasizes that insurance fraud carries a human cost and argues that early detection and prevention are important for protecting employees and supporting recovery.