Emerging trends in pharmaceutical design and drug manufacturing are shifting toward presenting the market with new ways to develop medications. Specialty medications continue to be a major area of pharmaceutical development and have become widely discussed in workers’ comp due to their significant costs. Although they represent approximately 1% of drug utilization, they account for nearly 7% of prescription drug costs and represent the fastest-growing segment of the U.S. pharmaceutical market. While specialty drug products are often associated with a hefty price tag, some can offer clinical advantages when deployed for the right patient at the right time, making careful oversight and patient selection imperative to achieving desired outcomes in this space. Watch the video blog to learn more.
More stories
View From The Top: Alex Sun
Alex Sun took the helm as CEO of San Diego-based Enlyte LLC in 2021, when it was formed through the merger of three companies in the workers compensation sector: Coventry Workers Comp Services, Genex Services LLC and Mitchell International Inc.
Prescriptions for High Drug Costs
Drugs prices continue to drive higher claims costs.
Ask The Pharmacist: Anti-Seizure Medications for Pain Management in Workers’ Compensation
Opioids are often prescribed for moderate-to-severe pain, and while opioids can be highly effective medications, they can also be associated with negative effects including the potential for abuse and addiction.
2022 Midterm Elections – Takeaways That Will Impact Comp and Auto in 2023
It’s been a month since the midterm elections, and while most Americans, except for Georgians, enjoyed a break from political ads, it took a little
The Mental Side of an Injured Worker’s Recovery
Studies show psychological risk factors can explain as much as a 35%-40% variation in how a person responds to an injury or illness.
Mitchell Selected as the Preferred North American Technology Provider of Vale’s Paintless Dent Repair (PDR) Technician Certification Program
Mitchell, an Enlyte company and leading technology and information provider for the Property and Casualty claims and Collision Repair industries, today announced that Dented Paintless Repairs, Inc. named it the preferred technology provider of the Vale PDR Technician Certification Program in Canada.