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New Lockton Report Analyzes Prescription Drug Abuse and Its Effect on Workers' Compensation
Date:9/20/2012

y don't know what they don't know about workers' compensation pharmacy and how it seriously impacts their bottom line. The reason is that between 40 to 50 percent of pharmacy is dispensed and billed by physicians, and that third party administrators (TPAs) simply do not know what the employer is actually spending." If the employer and TPA are not managing the spend, they certainly can't manage the appropriate clinical utilization of the drugs by treating doctors. 

The report outlines a series of best practices to help risk and claims managers curb the problem.

You can get the full report free at www.lockton.com or the full link is http://www.lockton.com/Insights-And-Publications/White-Papers/Opioids-Wreak-Havoc-on-Workers-Compensation-Costs.

In addition, there is an extended version of this report called Risk and Claims Managers' Comprehensive Guide to the Management of Pharmacy Benefits that is available by contacting your Lockton representative.

About Lockton
More than 4,450 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, and risk management services that improve our clients' businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates a
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