Opinion: National pharmacare will reduce drug access for almost 26 million Canadians [Financial Post (Toronto, Ontario, Canada)]
IQVIA Holdings, Inc. (IQV)
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. The recent federal budget provided $1.5 billion over five years to support the launch of a national pharmacare plan . The money will fund universal prescription drug benefits for contraceptives and diabetes medications and is intended to be the first step toward comprehensive, federally funded, single-payer programs that will eventually replace existing public and private drug plans. Article content By taking this action, the Liberal-NDP coalition in Ottawa shows an astounding lack of concern for how national pharmacare will disrupt prescription drug benefits for privately insured Canadians. Article content According to the Canadian Life and Health Insurance Association, 25.5 million Canadians — 64 per cent of us — have prescription drug coverage under private plans. In addition, provincial and federal governments provide drug benefits for select target populations defined by age, in
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