Increases in the cost and frequency of physician-dispensed medications continue to negatively impact the Florida workers’ compensation system, according to a new 17-state study by the Workers Compensation Research Institute (WCRI). The study, Prescription Benchmarks for Florida, 2nd Edition, compares the cost, price, and utilization of prescription drugs in Florida with 16 other states: California, Illinois, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Texas, and Wisconsin.
WCRI based the study on claims with more than seven days of lost time that had injuries occurring between October 2006 and September 2007 and prescriptions filled through March 2008 for interstate comparisons. The report found that the average payment per claim for prescription drugs in Florida’s workers’ compensation system was $536. That was 45 percent higher than the median of the other states in the study. Over a 2-year period (2005/2006 and 2007/2008), the average cost per claim for prescription drugs in Florida increased 14 percent. By contrast, prescription costs per claim were fairly stable in most of the other states studied over the same period.
The study also found that the percentage of prescription payments for physician-dispensed prescriptions in Florida increased from 17 to 46 percent over a 4-year period (2004/2005 and 2007/2008).
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.