Insight, analysis & opinion from Joe Paduda
Isn’t a problem. In most states. Today. That is the headline takeaway from WCRI’s presentation last week… First a few key factors. Drug spend is a much lower percentage of total medical today than it was a decade ago. I’m … Continue reading Medical inflation in work comp…
Read More...Is an apt metaphor for my ongoing and – so far – futile effort to get industry “thought leaders” to focus on the impact of human-caused climate change on worker health – and workers’ comp. But, never one to admit … Continue reading Tilting at windmills
Read More...Yesterday we posted on top takeaways from our 18th Survey of Prescription Drug Management in Workers’ Comp. Today, I’M responding to several readers’ questions about physician dispensing (PDD) and mail order pharmacies (twin sons of different mothers) and why they … Continue reading Drugs and worker’s comp, part 2
Read More...Download the latest Survey of Prescription Drug Management in Workers’ Comp here… Key takeaways Total drug spend in workers’ comp was likely around $2.9 billion in 2021. The multi-year decline in drug spend seems to have flattened out; across all … Continue reading Drugs and workers’ comp, part 1
Read More...is pretty good. Here are the very preliminary takeaways from the latest Survey of Prescription Drug Management in Workers’ Comp…so far 21 phone interviews completed and several more still to go. [if you’re new to MCM, we’ve done an annual … Continue reading The state of work comp pharmacy
Read More...WCRI’s webinar on interstate variations in drug payments reminds us that lax regulations and absent legislators cost taxpayers and employers millions. Slides are here – and are free to access. The report itself is here – available free to members … Continue reading Work comp drug spend – profiteering rampant in LA FL and PA
Read More...If only Florida (‘s commitment to patient safety and responsible prescribing and good workers’ comp medical care) was like California. But…no. The Sunshine State’s work comp regulators and legislators don’t seem to care about patient safety or employer/taxpayer costs – … Continue reading If only Florida was like California
Read More...There’s been a lot of news around work comp pharmacy of late – time to dive into what’s happening, why, and the implications thereof. No better place to start than WCRI’s just-published study on the latest in drug trends across … Continue reading Work comp pharmacy week!
Read More...The work comp Pharmacy Benefit Management business has become hyper-competitive; total drug spend has dropped 6 of the last 7 years, there’s been massive consolidation of PBMs, margins are declining…all signs of a very mature industry. Sounds like a not-very-attractive-business…right? Well, … Continue reading A creative way to generate work comp PBM revenue.
Read More...A nurse was convicted of “reckless homicide and impaired adult abuse” after she inadvertently – and unintentionally – injected a patient with the wrong drug. RaDonda Vaught faces six years in prison I’m pretty angry about this – and that … Continue reading a patient dies, a nurse is blamed, a prosecutor’s behavior is amoral, and a hospital escapes blame.
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