Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Workers' Comp Drug Costs Fell,

X
Your article was successfully shared with the contacts you provided.

Time may help cut the cost of drugs used to treat workers’ compensation cases, a new study by The Hartford Financial Services Group suggests.

The company’s recent annual survey of the top 25 drugs in workers’ compensation found overall pharmaceutical costs for its workers’ compensation claims actually dropped in 2005. The data suggests the decline is at least partly caused by the greater availability of generic substitutes, especially for the most popular and expensive name-brand drugs.

OxyContin ranks first among all drugs used in workers’ comp cases, the company reports.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.