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
Workers' Comp
Podcast
Examining WCRI Study on Networks Impact on Claims
Workers' Comp
White Paper
10 Reasons Field Case Management Is Essential in Complex and Catastrophic Claims
Workers' Comp
Article
Specialty Solutions Spotlight: Understanding Work Comp Injuries for New and Inexperienced Workers
How do new worker injuries differ from more experienced worker injuries? Newer workers are prone to more frequent injuries than their
Auto Casualty
Case Study
Eliminating Workflow Waste Through Data Intelligence
How an Auto Carrier Saved Over 10,000 Employee Hours Underperformance of medical bill straight-through processing leads to more manua
Workers' Comp
Article
Five Pain Management Trends Workers’ Compensation Leaders Should Watch
Pain management remains one of the most complex and costly components for workers’ compensation claims.
Auto Casualty
Podcast