NCCI: Average Prescription Drug Costs Increase 6%

Average prescription drug costs per active claim increased 6% in 2014, driven by higher payments for both generic and brand-name medications as well as higher costs associated with physician dispensing and controlled substances, according to data from the National Council on Compensation Insurance. Solutions may already be in the offing in two of the states with the largest increases in prescription drug costs from 2013 to 2014.  Illinois state Rep. Dwight Kay, R-Edwardsville, on Tuesday introduced a bill that would limit reimbursement for compound medications, which employers say has b...