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
Watch Now
CE Webinar
High Impact Pharmaceuticals
On-Demand
How are drugs priced? What drugs are the leading cause of price increases? What matters more - the drug or the utilization?
Workers' Comp
White Paper
A Day One Approach
Now more than ever before, employers need their employees productive and on the job.
Workers' Comp
Podcast
What to Look for When Choosing a Provider Network
Mitchell
Conference
RIMS 2022 Annual Conference & Exhibition
RIMS 2022 Annual Conference & Exhibition is the p
Risk & Insurance
Article
Must Analytics in Workers’ Comp Reach the ‘Finish Line?’ Here’s Where It Can Come Together to Manage Risk
Big data is increasingly at the heart of the analytics solutions future-focused claims organizations in workers’ compensation are developing.
WorkCompWire
Article