New Rules on Drugs Not Curbing Workers’ Comp Costs
PEO Compass published several articles in 2014 outlining the legislative movements in numerous states to regulate the costs of physician-dispensed drugs that have increased the costs of workers' compensation claims. We continue to monitor the development of this trend and the results to the workers compensation system that affects employers in the ultimate price of their premiums. According to an article by CFO.com, "Eighteen states have adopted rules to reduce the costs of physician-dispensed drugs. But according to a paper by the Workers Compensation Research Institute, doctors in California and Illinois have found a new way to dispense drugs from their offices at two to three times the price charged by pharmacies."
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The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.
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