CompPharma Survey Shows WC Drug Costs Continue to Drop

Workers' compensation prescription drug costs dropped almost 10% last year and the trend is likely to continue, according to an annual survey of 29 insurers, self-insured employers and third-party administrators. The report from CompPharma, a pharmacy management research firm headed by consultants Joe Paduda and Helen King Patterson, shows that in the last eight years, drug costs have dropped more than 31%, saving payers about $1.1 billion. "The takeaway is that while respondents are concerned about opioids, prices, compounds and other specific issues, in general, they see phar...