CompPharma Finds Payers are More Concerned about Drug Prices Despite Declining Costs

The price of medication is a growing concern among workers' compensation payers despite declining drug costs, a consortium of pharmacy benefit management companies found in a recent survey. CompPharma asked 25 workers' compensation payers to rate how big a problem drug costs are on a scale of one to five, with three being "equally as important as other medical issues." The respondents' average reply was 4.1, compared with an average of 3.8 during the past three years. However, the survey also showed that drug costs declined by an average of 3.8% during the past year for...