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    • 21 JUL 16
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    Did You Know Series – How Pharmacy Benefit Managers Reduce Costs

    Approximately 265 million American have prescription benefits serviced by Pharmacy Benefit Managers (PBMs). The PBMs service these Americans through Medicare Part D, Managed Medicaid, and private/commercial insurance. The goal of the PBMs is to reduce the rising cost of prescription benefits while increasing the amount of access to prescription medications. This is a tall order

    • 21 JUL 16
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    Awareness Month Feature – July

    July is Pain Management Awareness Month More Americans suffer from pain than heart disease, cancer and diabetes combined. While most people have suffered from temporary pain, a number of Americans suffer from chronic pain. Chronic pain is the type of pain that can last for weeks, months or years at a time. It is estimated

    • 14 JUL 16
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    Pharmacy Benefit Managers Reduce Prescription Drug Costs

    The Average Wholesale Prescription (AWP) cost has long been a concern to insurance carriers administering workman’s comp claims. The cost of some generic prescription drugs doubled in price in 2014, according to a study by Elsevier. In addition to the high cost of prescription drugs, proper patient utilization and adherence to prescription instructions is a

    • 30 JUN 16
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    Rising Cost Of Durable Medical Equipment And Its Effect On Insurers

    The durable medical equipment (DME) industry continues to develop quickly. Insurers face rapidly advancing technology that can be difficult to stay updated on. These rapid advances within the DME industry represent significant benefits to claimants with catastrophic injuries sustained in an automobile crash, but also present their own unique problems to insurers and their adjusters.