Prescription Drug Monitoring Program Should Be Open To Insurers - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
April 23, 2014 Newswires
Share
Share
Post
Email

Prescription Drug Monitoring Program Should Be Open To Insurers

Jaclyn Cosgrove, The Oklahoman, Oklahoma City
By Jaclyn Cosgrove, The Oklahoman, Oklahoma City
McClatchy-Tribune Information Services

April 23--If insurance companies and state Medicaid agencies had access to state prescription drug monitoring programs, they could use the data to help prevent prescription drug overdoses and deaths, according to a study released Tuesday.

In many states, including Oklahoma, third-party payers -- such as health insurance companies and the state's Medicaid program -- do not have access to their state's prescription drug program, according to the report from the Prescription Drug Monitoring Program Center of Excellence at Brandeis University.

These programs monitor prescriptions of controlled dangerous substances, including hydrocodone and oxycodone, powerful painkillers that are at the heart of the nation's prescription drug problem.

"At a time when the misuse and abuse of prescription opioids has reached epidemic levels, it's important that third-party payers be able to use states' prescription monitoring data to make sure these drugs are prescribed appropriately," Peter Kreiner, principal investigator of the center, said in a news release.

Unintentional drug overdose deaths have surpassed motor vehicle accidents as the leading cause of accidental death in both Oklahoma and nationally.

In 2012, 534 Oklahomans died from unintentional prescription drug overdoses, and state health authorities say about half of them had taken drugs prescribed by their doctors.

If third-party payers were given access to their state's prescription drug monitoring programs, not only could it affect the number of residents dying, but it also could help curb costs, the report states.

Costs are soaring

The costs stemming from the non-medical use of prescription opioids, including lost productivity, law enforcement and drug abuse treatment, are more than an estimated $50 billion each year, the report claims.

A recent analysis conducted for the Coalition Against Insurance Fraud estimated that costs to health insurers resulting from prescription drug diversion total at least $18 billion a year, but could exceed $70 billion, with nearly $25 billion borne by private insurers, according to the report.

The report points out that because many states -- including Oklahoma -- do not allow insurers access to the data, legislation and regulations would have to be adopted. Only Michigan is known to have provided data to private health insurers, according to the report.

As of 2012, 28 states were sharing prescription drug monitoring data with Medicaid or Medicare.

Oklahoma's rules

Oklahoma law limits access to the state's prescription drug monitoring program largely to medical practitioners, pharmacists and law enforcement.

Jennie Melendez, Oklahoma Health Care Authority spokeswoman, said only a few staff members, who are physicians and pharmacists, at Oklahoma'sMedicaid agency have access to the program.

It's not realistic for that handful of people to regularly check the program when there are thousands of Oklahomans filling prescriptions covered under Medicaid each month.

In March, the Oklahoma Health Care Authority reimbursed $40 million for about 197,000 SoonerCare members who filled 523,260 prescriptions. Hydrocodone was the top medication filled, agency records show.

Currently, Medicaid officials don't know when a SoonerCare member pays cash and receives a prescription covered by another provider. "Some people have a third-party insurance and, for example, they might also have their husband's Blue Cross Blue Shield," Melendez said. "That's where the PDMP comes in."

The report's authors say prescription drug monitoring programs are effective tools in helping combat prescription drug abuse.

___

(c)2014 The Oklahoman

Visit The Oklahoman at www.newsok.com

Distributed by MCT Information Services

Wordcount:  550

 

Older

Small Business Insurance Solutions Releases New Video Describing Industry Best Practices

Newer

BenchmarkPortal Announces: MetLife’s U.S. Service Delivery Center Achieves Its Third Certification as a BenchmarkPortal Center of Excellence

Advisor News

  • Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
  • Why vacation homes are becoming a major blind spot for advisors
  • The rise of the ‘gray divorce’ insurance client
  • Succession planning: Building the future of your practice
  • From loss to security: Supporting widowed clients with life insurance
More Advisor News

Annuity News

  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
  • Industry pushes back on linking ‘financial strength’ to annuity illustrations
  • Sammons Enterprises & Sammons Financial Group Respond to Reports
More Annuity News

Health/Employee Benefits News

  • Reports on Geriatrics and Gerontology from National Hospital of the Faroe Islands Provide New Insights (10-year Cognitive Change In the Faroese Septuagenarian Cohort and Impact of Sociodemographic, Lifestyle, and Health Factors): Aging Research – Geriatrics and Gerontology
  • Department of Anesthesiology Researchers Have Provided New Data on Opioid Crisis (Insurance Noncoverage of Interventional Pain Procedures: Paving the Road Toward the Second Prescription Opioid Crisis): Opioids – Opioid Crisis
  • 160,000 Pennsylvanians Off Health Insurance Exchange After Price Hikes
  • New Medicaid rules could hit 600,000 Oregonians. Many may not know it
  • Many employees lack a financial cushion for unexpected medical costs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • NAIC SUMMER NATIONAL MEETING HIGHLIGHTS COLLABORATION AND ADVANCES PRIORITIES
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet