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The Role of a PBM in Workers’

WEBMyth: The price of prescription medications is the biggest cost driver in the pharmacy portion of a workers’ compensation claim. Fact: Price is not the main cost driver in workers’ compensation pharmacy programs. Utilization — the number and type of medications dispensed — is, by

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URL: https://comppharma.com/wp-content/uploads/2016/09/brochure.pdf

Prescription Drug Management in Workers’ Compensation

WEBTotal workers’ comp pharmacy spend in 2020 was between $2.9 and $3.2 billion, with a “best guess” estimate of $3 billion. We recognize that figure is significantly lower than other estimates, but extensive analysis supports it. After much research and study, it is clear it is not possible to precisely calculate workers’ compensation

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Prescription Drug Management in Workers’ Compensation

WEBor oara r reered dron or denaon o ere ren eron roed n e o doen o eron or aren or oer roe roed 8 Ratings, not counting “0” scores, were as follows:

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WORKERS’ COMPENSATION PBMs FREQUENTLY ASKED …

WEBAverage dispensing costs = $20.36, excluding cost of drug Average dispensing cost = $10.50 to process, excluding cost of drug. For more information, contact Helen Knight, CompPharma, LLC 813-837-1701 or [email protected]. Title. FAQ PBMs elec …

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A White Paper Produced by CompPharma, LLC September 2009

WEBPricing discussion. To gain a better understanding of the AWP settlement’s impact, the following model is presented to explain relationship between WAC and AWP: Based on the WAC price of $100 for a product, the pre-9/26/09 formula is as follows: WAC = $100; AWP = $125 Markup from WAC to arrive at AWP is 25%, i.e., $100 x 1.25 = $125 AWP

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