Average pharmacy spend per injured worker is increasing due in large part to increases in prescription drug prices, according to a report from PMSI, a provider of products and services for the workers' compensation market.
These and other conclusions on workers' comp costs were based on the results of PMSI's 2010 Annual Drug Trends Report, which looks at market trends in an effort to help insurers benchmark their programs and gain better insight into how to manage workers' comp-related costs.
PMSI said the report identifies the key drivers of pharmacy spend increases in 2009, including the impact of price, utilization, drug mix, and a review of the most commonly seen therapeutic classes in workers' compensation.
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