http://news.nationalpost.com/news/c...-second-highest-medication-costs-in-the-world
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Excerpts:
A recent policy brief from the advocacy group Public Citizen concluded how the U.S. and Canada provide pharmacare are anomalies when compared to all other members of the Organization for Economic Co-operation and Development — both countries are characterized by “very high drug costs, lack of cost-efficiency, significant waste, and a large proportion of their populations not being able to fill prescriptions due to financial reasons.”
The best systems have a national formulary (list of drugs covered) with single purchaser paying power, says Steve Morgan, a health policy professor at the University of British Columbia. New Zealand has a much smaller population than Canada, but negotiates brand-name drug prices that are about 40 per cent lower and generic drug prices that are 90 per cent lower than Canadian prices because it buys medications as a country.
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Canada health care system sucks??
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Excerpts:
A recent policy brief from the advocacy group Public Citizen concluded how the U.S. and Canada provide pharmacare are anomalies when compared to all other members of the Organization for Economic Co-operation and Development — both countries are characterized by “very high drug costs, lack of cost-efficiency, significant waste, and a large proportion of their populations not being able to fill prescriptions due to financial reasons.”
The best systems have a national formulary (list of drugs covered) with single purchaser paying power, says Steve Morgan, a health policy professor at the University of British Columbia. New Zealand has a much smaller population than Canada, but negotiates brand-name drug prices that are about 40 per cent lower and generic drug prices that are 90 per cent lower than Canadian prices because it buys medications as a country.
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Canada health care system sucks??
