Texas’ Closed Formulary A Success Story

Thursday, August 18th, 2016 Legislation & Regulation Workers' Compensation

It’s no wonder other state workers’ compensation programs are looking to Texas for ideas on controlling drug costs. A recent analysis by researchers at the Texas Department of Insurance shows that the Texas pharmacy closed formulary is lowering costs and reducing the use of opioids. “Other states are interested in the success we’re having in Texas,” said Workers’ Compensation Commissioner Ryan Brannan. “We’re hopeful the closed formulary will continue to be a meaningful tool to reduce costs and decrease the use of drugs that may affect an employee’s ability to return to work.”


External References & Further Reading
http://www.workerscompensation.com/compnewsnetwork/news/24422-texas-reduces-costs-opioid-use-with-closed-formulary.html
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