It is Time to Move Past Maslow's Hammer in Pain Management
Abraham Maslow first published the famous proverb “if all you have is a hammer, then everything looks like a nail,” in 1966 in The Psychology of…
May 14, 2020
"US businesses have under-reacted to the demolition of their capital resources from unnecessary opioid prescriptions."
As we contemplate the devastation to the US economy from COVID-19, let us not forget about the more than $ 1 Trillion the opioid epidemic has cost us since 2001. The business sector is bearing the burden of that cost in lost productivity, lost manpower, and unnecessarily inflated health care costs.
Businesses pay double in healthcare expense for an employee on a prescribed opioid than for non-opioid using employees ($19,450 vs. $10, 853). 25% of all workers compensation medical costs are from prescription drugs, according to the National Council on Compensation Insurance.
Industry spends billions of dollars each year on travel safety to minimize the cost of motor vehicle accidents. And yet, US businesses have under-reacted to the demolition of their capital resources from prescription opioids. Reign in your company’s healthcare costs.
PhilEssayMD will guide your company to minimize your loss of profit caused by the opioid epidemic.
