Federal procurement of these medications could very quickly establish the system and just as quickly benefit millions of Canadians.
of all prescription needs could be met with a free essential medicine under such a program. This would save patients and their families $2 billion in out-of-pocket costs, potentially more if essential medicines became first-line treatments for most patients.Article contentthat examined the effects of providing essential medicines coverage in addition to existing provincial and private drug plans.
As with patients and provincial governments, employers across all sectors of the economy would receive $3 billion in direct savings because they would no longer have to pay for essential medicines under work-related health plans. All of these savings are possible because national procurement systems are just that powerful. For instance, New Zealand negotiates national contracts with drug manufacturers, ensuring a secure supply of high-quality medicines at prices oftenlower than in Canada. A year supply of atorvastatin, for example, costs $64 in Canada but less than $4 in New Zealand. Similar savings could be achieved for dozens of drugs on Canada’s essential medicines list.
Thus, national pharmacare needn’t remain a distant dream. Federal procurement of essential medicines could very quickly establish the system and just as quickly benefit millions of Canadians, virtually all employers, and every provincial government. The program can be expanded from there as Canadians and their governments decide.Steve Morganis the Canada Research Chair in Health Justice at the University of Toronto and a family physician.
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