The cost of physician dispensing is far above the outrageous premiums the dispensers charge. The real cost includes:
- longer disability duration
- higher medical expense – over and above the excess cost of drugs
- higher indemnity expense
- more and longer use of opioids
Lost in the conversation, ignored in legislation, and pooh-poohed by dispensers and their enablers, the research – real research by real scientists, not anecdotal BS by dispensers – proves dispensing is having cost implications far and above the cost of the drugs.
In addition to the ground-breaking work done by Alex Swedlow et al at CWCI, the folks at Accident Fund (kudos to Jeffrey Austin White) teamed up with Johns Hopkins to analyze the impact of dispensing on their claims.
The results – which will be discussed next week in an IAIABC-sponsored webinar – are striking.
Slots for the webinar are still available – it will be held next Wednesday, September 10 from 1-2 Central Time.
Kudos to IAIABC for their leadership on this.
One thought on “Physician dispensing in workers’ comp is killing your financials”
Ditto. Not to be missed.
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