AmTrust's Opioid-Use Reduction Program Improves Outcomes for Injured Workers
Opioid Prescriptions and Pharmacy Spend Have Declined Significantly,
Alternative Treatments to Long-term Opioid Use Offered by Licensed Nurses
AmTrust Financial Services, Inc. (AmTrust), a leading small business insurance provider, reported today that its program to reduce the amount of opioids prescribed to injured workers is proving to be highly effective in reducing both the number of claims with opioid prescriptions, as well as the pharmacy spend for opioids.
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(Graphic: Business Wire)
AmTrust analyzed its workers' compensation claims paid by the company for the five-year period between 2017-2021. In 2017, 60% of claims had prescriptions containing an opioid. In 2018, that figure dropped to 25%, and, for the most recent full-year period 2021, only 15.2% of claims involved an opioid. This represents a reduction of 75% in prescriptions containing an opioid over four years.
The data shows that AmTrust's nurse prior-authorization program significantly reduces claims with opioids, pharmacy spend and over 50 MED (Morphine Equivalent Dose).
In 2018, AmTrust formed a partnership with the pharmacy care management company,
"Having a medical professional review a claim is not typical in the workers' compensation insurance industry," said
In lieu of opioids, AmTrust recommends safer, alternative treatments. These include Non-Opioid Medications (e.g., acetaminophen, ibuprofen and NSAIDs), Physical Therapy & Exercise, Massage Therapy, Yoga, Interventional Treatments (e.g., nerve blocks, epidurals and joint injections) and Cognitive Behavioral Therapy (CBT).
A full copy of both the 2022 and 2019 "AmTrust Opioid Prescription Risk Report" can be accessed at www.amtrustfinancial.com/opioids.
About AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc., a multinational insurance holding company headquartered in
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AmTrust Financial Services, Inc.
Chief Marketing Officer
[email protected]
646.870.1949
Source: AmTrust Financial Services, Inc.
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