Canada has in fact achieved universal drug insurance coverage

Saturday, August 12th, 2023

People in the lowest income deciles are eligible for public safety-net coverage at zero or very low costs. People in the highest income deciles are covered when prescription drug costs exceed 3 per cent to 7 per cent of family income, depending on the jurisdiction. Typically, private drug plans use deductibles and copayments and end up insuring about 80 per cent of prescription costs.

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Voters beware: National pharmacare is unnecessary, bad for privately insured Canadians and costly for taxpayers

Saturday, October 19th, 2019

… it would be less disruptive and less expensive to just fill the gaps caused by public formulary exclusions… CHPI’s model doesn’t require shifting the full cost of existing provincial public drug plans onto the federal budget, nor require the government to cover privately paid costs, so it reduces the burden on the federal budget by $14.1 billion compared to the PBO’s model.

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Don’t blame prescription drugs for increased healthcare costs

Tuesday, October 9th, 2012

Oct 9, 2012
Prescription drugs accounted for only 9.0% of total government spending on health in 2010, down from 9.6% in 2005. Excluding prescription drugs, all other health spending categories are growing faster than both GDP and total available provincial revenues, while accounting for 91% of all government spending on health.

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