prescription drug formulary News

WCRI: Formulary May Cut Prescription Drug Costs for Louisiana State Employees

A new FlashReport from the Workers Compensation Research Institute (WCRI) finds that a Texas-like formulary for Louisiana state employees may reduce prescription drug costs by 4 to 28 percent depending on prescribers’ response to the formulary. This would have resulted …

CWCI Study Examines Potential Impact of a Drug Formulary in California Workers’ Comp

A recent California Workers’ Compensation Institute study shows that adopting a state-mandated workers’ comp prescription drug formulary such as those used in Texas and Washington State could reduce California workers’ compensation pharmacy payments by an estimated $124 million to $420 …

Ohio BWC Workers’ Comp Prescription Formulary Saves Nearly $20M

The Ohio Bureau of Workers’ Compensation (BWC) board of directors heard a presentation highlighting the result of changes made to its pharmacy management program in recent years, including a reduction in prescriptions of some of the most commonly overused drugs, …