Advice You - Business

1) You must find an EAP in your city or state. Finding an EAP in your home city or state makes little to no difference in the scope and quality of service you will

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

receive from your EAP. Most EAPs have an extensive nation-wide network of counselors. Let's say your company is based in St. Louis. An EAP in New York might actually have more counselors under con

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

tract in St. Louis than another EAP that is actually based in St. Louis. It is important to remember that EAPs are facilitators and they can perform their tasks sucessfully from any location within

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

the United States. Instead of being concerned about the location of an EAP, you should concern yourself with their network coverage in your area. It's alot like cell phone reception. If you live in

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

Key West, Florida and your shopping for a new cell phone plan, would you be concerned with how well Cingular covers your area, or if they have an office down the street.

2) EAP can only a

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ssist in facilitating mental health treatment for your troubled employees. This issue is a hot topic among EAPs. There are some EAPs that focus solely on facilitating mental health treatme

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

t for your troubled employees. After all, this is how EAP began and what it was originally intended for. However, there are some EAPs that are evolving and offering extra incentives to their client

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

's employees. These extra incentives vary from EAP to EAP and can range from pet care to fitness training. The EAPs that only provide mental health services would argue that offering these types of

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

unrelated incentives could dilute the value of traditional EAP services. The EAPs that offer these extra incentives would argue they are further promoting the overall wellness of each employee thu

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

these extra services could prevent future mental health problems for their client's employees. Looking at current trends you could argue that the leading EAPs are evolving into a more balanced vie

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

w on this subject. They seem to be offering wellness related services such as health clinics, fitness management, and even substance abuse testing services and preventative programs. But, they are

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

not offering pet care, travel incentives, coupon books etc. Again, this will vary from EAP to EAP. 3) EAP will have little effect on your bottom line Nothing could be further from

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

the truth. Many companies that utilize EAP services experience a tremendous return on their investment. Troubled employees cost the company money in productivity and job loss. The EAP is specifical

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ly designed to drastically improve this by providing treatment and preventative care for your employees. When choosing an EAP ask them for client references and you will likely be inundated with te

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

stimonies from companies that state a positive impact on their overall bottom line.

4) EAP is an expensive benefitt?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
g>There are certain EAPs that do over charge for their services. But, you can likely find a great EAP for a little over a dollar per employee per month. EAPquotes.com is a must visit web s
ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust
ite when it comes to comparing EAP services and costs. They have an online form that you can fill out in a few minutes, select which EAP will receive your contact info, and press "submit". Within h
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ours you will receive customized cost proposals from some of the nations leading EAPs. Click on the below link to visit EAPquotes. employee assist
.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
nce programs 5) There are really only a handful of employee assistance programs out there.

This may have been true in 1980 but no longer. There are over a hundred active, na
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
tion-wide, employee assistance programs in the United States today. We hope this article has clarified some common myths related to EAP. Good luck in finding the right EAP fit for your company

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Tags

Links

Advice You - Top 5 Myths about EAP

Related Articles: