A well-known workers’ comp number cruncher and an actuary are calling Chicken Little on insurance industry warnings about the cost of COVID-19 claims. Health Strategy Associates owner Joe Paduda and Bickmore Actuarial principal Mark Priven dispute assertions by Moody’s, the …
Pharmacy costs in workers’ compensation have decreased by $1.1 billion during the past eight years, according to CompPharma’s 15th Annual Survey of Prescription Drug Management in Workers’ Compensation. “Pharmacy is no longer the fastest-growing segment of work comp medical expenses,” …
A new survey shows an 11 percent reduction in worker’s compensation payers’ year-over-year drug spend. The decline is associated with a 13.3 percent reduction in opioid cost, according to CompPharma’s 14th Annual Survey of Prescription Drug Management. Total workers’ compensation …
A new survey shows an 8.7 percent reduction in worker’s compensation payers’ drug spend, according to CompPharma’s 13th Annual Survey of Prescription Drug Management in Workers’ Compensation. The survey analyzed the 2015 pharmacy cost data of 30 workers’ compensation insurance …
PDA Extends Appraisal Services to Financial Sector Property Damage Appraisers (PDA) is spreading the word about one of its core business practices that many may not know about – financial services. PDA’s appraisal services are ideal for banks, credit unions …
Workers’ compensation payers reported an increase of 6.4 percent in their 2014 drug spend, according to CompPharma’s 12th Annual Survey of Prescription Drug Management. “This increase is significant, especially in light of last year’s survey showing a 3.8 percent decrease …