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Worker’s compensation and automobile no-fault claims involving prescription drugs inherently contain several challenges for insurance companies. There are many ways to address these challenges, but the most effective involves a
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The average wholesale price (AWP) of prescription drugs has been on the rise in recent years, with no foreseeable cap in sight. The American Pharmacists’ Association reported in 2015 that
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Pharmacy benefit managers (PBM) help to get needed medications to patients while keeping costs down. They negotiate with pharmacies and drug companies to offer the best medication at the lowest
Read more →Insurance carriers in the auto no-fault and workers’ compensation claims industry deal with a multitude of responsibilities and regulations when it comes to their injured claimants. One of the top
Read more →This chart assists in defining some of the most commonly used terms and Dispense As Written (DAW) codes related to the pharmaceutical industry.
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