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
Business Insurance
In the News
Data could prompt comp industry to reconsider chiropractors
Workers' Comp
Case Study
Experience Saves a Life & a Career
field Case Management Meet Deborah Buckley, RN, BS A case manager for 25 years, Deborah Buckley, R
Workers' Comp
Conference
76th Annual Workers’ Compensation Educational Conference
TDI
Conference
Texas Workers' Compensation Conference
Business Insurance
Article
Business Insurance: “Staph Infection Presumption a Growing Trend”
Auto Casualty
Article
Seven Technology Features to Look for in a Medical Management Software Solution
As medical costs continue to rise, workers’ compensation payors are looking for methods to identify expenses that can be controlled and ways to han