Coventry Releases Annual Workers’ Compensation Drug Trends Series

  Wednesday, June 3rd, 2020 Source: Coventry

Since 2009 Coventry has been producing our annual First Script® Drug Trends Analysis and this year is no exception. In Part One of our series we evaluate retail and mail-order prescriptions. Following several years of declining trends in pharmacy volume and costs, part one of this year's drug trends series illustrates the slight upward shift in retail and mail-order channels.Some highlights from the series include: • Prescription utilization and cost per claim increased slightly in 2019, with utilization up 0.8% and cost up 1.0% • Opioid usage continues to decline • Average MED experienced year-over-year decreases of at least 5% for the 4th consecutive year Each part in the series will be accompanied by an ongoing deeper dive into various related topics to address the specific trends highlighted in each infographic. To learn more, stay tuned for our upcoming blog post or visit the Sounding Board at blogs.coventrywcs.com/. Part One of the series can be found on our Drug Trends Page at www.coventrywcs.com\drugtrends.

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Coventry

Coventry offers workers’ compensation, auto, and disability care-management and cost-containment solutions for employers, insurance carriers, and third-party administrators. With roots in both clinical and network services, Coventry leverages more than 35 years of industry experience, knowledge, and data analytics. Our mission is returning people to work, to play, and to life, and our care-management and cost-containment solutions do just that. Our networks, clinical solutions, specialty programs, and business tools will help you focus on total outcomes.

Ellen Armstrong
800.790.8662
Primeau ForensicsBR Howard & Associates, IncChurchill Claims ServicesWeller SalvageChurchill Claims ServicesHancock Claims Consultants LLC

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