Drop in Price for Anti-Inflammatory Meloxicam Could Impact Medicare Set-Asides

A huge drop in price for one of the most commonly used drugs in workers’ compensation systems could result in big savings on Medicare set-asides and continue a trend away from opioid prescriptions, industry experts said. The cost of Meloxicam, a non-steroidal anti-inflammatory medication often used to treat osteoarthritic pain, has fallen to just 5 cents per pill, according to Tower MSA, a Florida-based company that specializes in set-asides. Meloxicam previously was priced at $2.78 per pill for 7.5 milligrams and $4.25 per pill for 15 milligrams. It’s the drug’s f...