Prescription cost per workers comp claim rose 7.3% in 2014 | Business Insurance

While the average cost per workers compensation claim increased in 2014, the number of prescriptions per injured worker and the average morphine equivalent dose per script declined, Coventry Workers' Comp Services said Tuesday. Due primarily to a 10% increase in the average wholesale price of medications commonly prescribed to injured workers, the overall average cost per claim rose 7.3% in 2014 compared with 2013, according to Downers Grove, Illinois-based workers comp care and cost manager' 2014 First Script Drug Trends Analysis. Increased prices to cover patents that will expire in the future and potential product shortages were among the biggest factors in the overall average wholesale price increase last year.

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