State workers compensation systems could benefit from following Texas and adopting a closed drug formulary, according to a benchmarking report released Wednesday by the Workers Compensation Research Institute.
Cambridge, Massachusetts-based WCRI found that implementing a Texas-like closed drug formulary — a limited list of covered medications — could reduce the prevalence and cost of drugs in 23 states studied by requiring prior-authorization for non-formulary drugs, including opioids such as OxyContin, Opana, Exalgo, Avinza, Kadian and Zohydro.
via Texas-style drug formulary could help other states reduce comp costs: Study |
