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White Paper
Why businesses should use a single vendor for their PBM and settlement solutions programs
In this white paper, we’ll review why using a single vendor for both PBM and settlement solutions services has major advantages for workers’ compensation programs.
We always remember that at the heart of every claim is an injured person who we’re taking care of.
- Tron Emptage, RPh, Chief Clinical Officer
It’s no secret that medication spend is a huge driver of costs in workers’ compensation. The medications an injured worker takes are often critical to their recovery process, but if they’re not prescribed in the right doses — or worse, if a person is taking medications that are not appropriate for their care — costs throughout the claim life cycle can spiral quickly.
To help manage those costs, in addition to working with a PBM, insureds should consider teaming up with a settlement solutions program that focuses on making sure they’re prepared for Medicare Set-Aside (MSA) costs. By thinking about the end of the claim from the beginning, a coordinated PBM and settlement solutions program benefits both the insured and the injured worker.
A strong single partner leads to a coordinated PBM and settlement solution program Read more to find out how.