Monday, March 28, 2016

"[R]ecent audit report highlighted the huge increase in the U.S. Postal Service’s workers’ compensation costs for compound drugs – an expense that jumped from $30 million to almost $99 million in charge-back year 2015 (July 1, 2014, through June 30, 2015). Also, administrative costs for compound drugs increased by $3.6 million to reach $5.1 million. During that time, more than 50,000 Postal Service employees had compound drug prescriptions — nearly three times the number in the previous year. “These unprecedented increases were due to the higher costs of compound drugs, the rising number of compound drug prescriptions, and fraud,” our report said.

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