Over the years, drug manufacturers have increased list prices, which has affected nearly every American. Some patients must weigh the costs of needed medications against the costs of other essentials. As with other goods and services, determining the price of pharmaceuticals is an intricate process based on supply and demand, research and development costs, federal and state regulations, and patent laws. With this topic continuing to receive coverage in the media in regard to general health care, we've launched our 2023 Demystifying Drug Pricing white paper series to provide education and clarity on drug pricing as it pertains to workers’ compensation pharmaceuticals.
Get access to part one of our new series to get a behind-the-scenes look at the traditional prescription drug market and learn how to adopt effective cost-reduction strategies to enhance your workers' compensation program.