REG Publishes Pharmacy Cost and Utilization Report

Pharmacy service utilization decreased from 2009 to 2022 and the closed drug formulary introduced more than a decade ago lowered both opioid drug use and system costs, according to a new report by the Texas Department of Insurance’s Worker’s Compensation Research and Evaluation Group. In 2011, the Division of Workers’ Compensation adopted a closed prescription drug formulary based on the Official Disability Guidelines Workers' Compensation Drug Formulary. The formulary includes all medications approved by the Food and Drug Administration but excludes so-called “N&r...