The Postal Service's workers' compensation compound drug costs escalated to over $98.7 million for CBY 2015, a $68.6 million increase

Workers' Compensation Compound Drug Costs - USPS ...

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United States Postal Service Office of Inspector Gener...

Mar 14, 2016 - The Postal Service's workers' compensation compound drug costs escalated to over $98.7 million for CBY 2015, a $68.6 million increase over .

Public Notification: ENVY BP contains hidden drug ingredients

03/28/2016 01:47 PM EDT

The Food and Drug Administration (FDA) is advising consumers not to purchase or use ENVY BP, a product promoted and sold for weight loss on various websites, including www.purelysimpleweightloss.com, and possibly in some retail stores.

US Postal Office of Inspector General Recognizes High Cost of Compounded Drugs is a Problem--Calls for Action

"Compound drugs cost more than other drugs because pharmacies are permitted to bill separately for each ingredient. As more pharmacies began compounding drugs, it created shortages in ingredients, which also increased the drugs’ costs."

read entire report https://www.uspsoig.gov/blog/compounding-problem

"[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.

quoted from
https://www.uspsoig.gov/blog/compounding-problem

Essential Read!!

Compounding the Problem | USPS Office of Inspector General

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United States Postal Service Office of Inspector Gener...

8 hours ago - So it might seem strange to hear about one area where customized service is both expensive and, sometimes, dangerous: the compounding pharmacy business ...