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
Mitchell
Article
How COVID-19 Presumption Laws Might Affect the Workers' Compensation Industry
The COVID-19 pandemic has brought the discussion of presumption laws to the forefront, as states examine whether workers’ compensation should cover
Workers' Comp
Blog
Introducing Networks 2.0: Part Four
How Network 2.0 looks todayThe benefits that workers’ comp networks bring to employees, employers, and providers are clear.
Mitchell
News Release
The Key to Crash Champions’ Success—Delivering Peace of Mind
Matt Ebert has always been committed to promoting proper, safe repair.
Mitchell
Article
5 COVID-19 Security Threats to Know About
Some studies
Mitchell
News Release
The COVID-19 Ripple Effect
Mitchell
News Release
COVID-19 Affects Treatment in Kentucky and Texas
Kentucky On June 24, 2020, Commissioner Robert Swisher of the Kentucky Department of Workers' Claims issued an administrative order delay