Workers’ compensation insurer Texas Mutual Insurance Company announced the initiation of a new Pharmacy Benefit Manager program. The program should help offset the rising costs of health care in the Texas workers’ compensation system, according to company officials.
Recent studies have shown that Texas’ workers’ compensation health care costs are among the highest in the nation. The Pharmacy Benefit Manager program is designed to help ensure cost-effective, high-quality care for injured workers. The program provides a wide range of pharmacies that can fill prescriptions for compensable injuries.
Texas Mutual partnered with ScripNet to launch the program. ScripNet, which provides pharmacy managed care services exclusively to workers’ compensation insurance carriers, has a network of 2,400 pharmacies in Texas, and over 40,000 nationwide.
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