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
Podcast
It Starts With the Scan: How Specialty Networks Improve RTW
Workers' Comp
Article
Stress Management: Doing Breathing Exercises
Breathing exercises are a good way to relax, reduce tension, and relieve stress.
Workers' Comp
Article
Behind a Reliable IME: The Critical Need for Quality Assurance
In the realm of workers’ compensation and claims processing, the independent medical exam (IME) holds immense value.
Mitchell
Article
Plugged-In: EV Collision Insights Q3 2023
Workers' Comp
Article
How to Use Data to Influence Claim Decisions
Check out the key insights from our exclusive leader to leader webinar with Sentry Insurance experts.
Enlyte
Article
Holiday Stress Management: Finding Joy Amidst the Stress
The holiday season, painted with joy, family bonding, and festive activities, can paradoxically become a hotbed of stress.