Is your Law Firm fully covered when it comes to high-cost claims?
The frequency and severity of high-cost claimants, and more specifically $1M+ claimants, has increased significantly. Key drivers of these claims include high-cost specialty drugs, as well as gene and cell therapy treatments.
New drugs/treatments are frequently being approved and released in the market, with many more in the pipeline. While this is good news for members hoping to manage their conditions, the costs can have a significant impact on an employer’s bottom line.