This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Express Scripts Launches Workers' Compensation Program To Help Payers Reduce Narcotic Abuse

ST. LOUIS, Oct. 29, 2013 /PRNewswire/ -- Prescription narcotic overdoses cause more deaths than cocaine and heroin combined each year. Misuse and abuse of these powerful medications also result in significant extra expense for workers' compensation payers. Today, Express Scripts (NASDAQ: ESRX) announced the launch of its Morphine Equivalent Dose (MED) Management program, which allows payers to better manage narcotic use among injured workers, reducing abuse and controlling costs.


"Narcotics make up a third of the cost and utilization of all workers' compensation prescriptions. These are potent medications that have a very high risk of addiction, and the health and financial costs of abuse are incredibly high," said Tim Pokorney, clinical director, Workers' Compensation, at Express Scripts. "Our MED Management program is the industry's first proactive solution that is completely customizable to a payer's needs."

Narcotics can be an important part of the treatment for pain in work-related injuries. Express Scripts' MED Management program for workers' compensation payers helps ensure clinically appropriate use of narcotics to promote safety and improve treatment outcomes.

"Our goal with this program is to enable payers to proactively manage narcotic utilization while ensuring that injured workers have access to the medication they need," Pokorney said.

Express Scripts' MED Management program enables payers to establish maximum threshold levels for the amount of narcotic medications an injured worker is prescribed. Amounts exceeding this level undergo a review process before the medication is dispensed, providing payers greater opportunity to ensure appropriate use of narcotics.

Patricia Brookey, vice president of Managed Care Services, PMA Companies, says she is very pleased to see this innovative solution from Express Scripts.

"Narcotic utilization, and the potential for these medications to cause dependence, is a big concern for us as a workers' compensation specialist," she says. "We are focused on controlling pharmacy costs for our clients and improving injured worker outcomes. Express Scripts' new product is one of the first proactive utilization management programs available for narcotics. The addition of the Morphine Equivalent Dose program to PMA's portfolio of managed care solutions will help us achieve even better results for our clients."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs