“Establishing a universal program for prescription medications would amount to about $4.2 billion in savings annually in Canada, the parliamentary budget officer says in a new report.
The report, requested by the House of Commons standing committee on health, was released Thursday.
It provides estimates of the cost to the federal government for a national pharmacare program based on the list of drugs publicly covered in Quebec.
Canada is the only industrialized country with universal medicare that does not provide universal coverage for prescription medications.
Nearly 10 per cent of Canadians say they don’t take recommended medications because of cost, previous research suggests.”
See Universal pharmacare would save Canadians $4.2B a year, parliamentary budget officer saysWow! It’s great to learn something every day. I’d thought Canadian MediCare was a wonderful feature of life in Canada and now I read folks are considering adding PharmaCare to the mix. It makes sense. Prescription medicines are a major tool of MDs. As a senior, I depend on some generic medicines to extend my useful life. I can afford to pay for my medicine but it would be crucial for many. My province, Manitoba, already has its own version of PharmaCare. After I’ve paid $x for prescriptions in a year, the cost to me is $0 for the rest of the year. Canada could easily afford the same sort of national programme. Making sure Canadians could afford medicine would also make MediCare a bit more effective, with everyone taking their medicine. Further, it would give USAians one more reason to envy Canadians’ sane healthcare system.
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My MissionMy observations and opinions about IT are based on 40 years of use in science and technology and lately, in education. I like IT that is fast, cost-effective and reliable. My first use of GNU/Linux in 2001 was so remarkably better than what I had been using, I feel it is important work to share GNU/Linux with the world. Now that I'm retired I still use GNU/Linux on every computer in my home except the smartphones which run Android/Linux.
Lately, I've been giving lots of thought to the world I inherited and which I will leave to my descendants. I'm planting grass, trees, flowers and vegetables in my large lot and I've ordered a Solo EV. I plan to charge my Solo by means of a tracking solar array. Life is good if you have a purpose. I do.