NU Online News Service, July 14, 3:50 p.m. EDT

The workers compensation market experienced a 6.5 percent growth in total pharmacy spending per injured worker in 2009, according to a report by a pharmaceutical products provider.

Tampa, Fla.-based PMSI announced the findings in its "2010 Annual Drug Trends Report."

The report found that a 4.7 percent increase in prescription prices and a 1.7 percent net change in utilization were responsible for the growth in total pharmacy spending.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.