White Paper

Focus on Pharmacy Management: Physician Dispensing

Pharmacy costs account for 19% of total workers’ compensation medical costs.
By:

CorVel_3clr_primary_logo_263White Paper Summary

Effective pharmacy management has economic payoffs by reducing the incidences of overpayment of medical expenses. However, the benefits of effective pharmacy management has proven to be more than just financial — there are tragic human costs that can result from lack of oversight. Many work-related injuries involve managing chronic pain through the use of powerful narcotics. Without careful and thorough utilization management, abuse in this area is on the rise, and the impact on the health of injured workers – addiction or death – is devastating.

CorVel’s Focus on Pharmacy Management series illuminates the many facets of this challenging issue. Each article shares best practices, tools and approaches payors may use to mitigate potentially devastating exposure in their risk program.

This article aims to inform readers on the potential risks of allowing injured workers to receive medications through unmanaged channels of dispensing.

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To learn more about CorVel, please visit their website.

CorVel is a national provider of risk management solutions for employers, third party administrators, insurance companies and government agencies seeking to control costs and promote positive outcomes.

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The R&I Editorial Team can be reached at [email protected]