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
White Paper
Strategies for Combating Mental Health Challenges in Injured Employees
A Guide for Carriers and Employers Are your employees struggling with mental health challenges?
Mitchell
Article
Current Used Vehicle Market Conditions: Q1 2024
February/March 2024 Kontos Kommentary The following commentary is produced by Tom Kontos, Chief Economist, ADESA Auctions.
Workers' Comp
Article
Key Trends in Workers' Compensation Networks
Explore key trends in the workers' comp industry from a provider perspective, including provider consolidation, network adequacy, and strategies to
Workers' Comp
Podcast
Safe at Home: Managing the Provider Shortage in Home Health
Workers' Comp
Article
Specialty Solutions Spotlight: Optimal Levels of Service in Home Health Care
How can home health be optimized to ensure the appropriate level of service is received? Asking the right questions is key to providing e
Workers' Comp
Article
5 Ways Enlyte is Helping Workers' Comp Providers
Check out our newest video from Kate Farley-Agee, VP of Network Product Management highlighting the “5 Ways Enlyte is Helping Workers' Comp Provide