The increased use of specialty medications is projected to continue as more specialty drugs enter the market. The drugs can be used to treat a number of conditions seen in workers’ compensation. Payers will need to balance the patient benefits they offer with the high costs often associated with these products and proactively develop strategies to manage this growing trend.
It is common for new trends in the group health insurance market to migrate to workers’ compensation. One such trend is the growth of specialty pharmacy in workers’ compensation. Specialty medications are typically expensive and may require special handling, distribution, administration and patient management. They are often used to treat complex and rare conditions.
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