Tuesday, July 25, 2017

Generic Drugs Trend Upward in Workers Compensation

According to a report recently released by Coventry Workers Comp Services, generic drug prescribing and use continues to trend upward in workers compensation.

Jennifer Barrett of Pharmacy Times reports, "Analyzing both cost and utilization, the report shows continued reliance on generic medications that outpaces brand-name products, although market trends for both prescription groups differentiate." Generic drug prescriptions have even demonstrated an overall upswing compared to brand-name medications, which have exhibited a decline in cost and utilization. 



To learn more on this topic, please click HERE

Performance Pharmacy Solutions (PPS) is a unique pharmacy benefit procurement platform developed by HORIZON Health Ventures to efficiently and effectively place, manage and oversee our self-funded client's pharmacy benefit management programs. The PPS platform provides turnkey solutions with proven market-leading PBM partners that offer, on average, 10-15% savings.

No comments:

Post a Comment