Canada Drug Plan

Bulk Drug Purchasing Is Too Good to Be True

Nadeem Esmail | Posted 10.02.2013 | Canada Politics
Nadeem Esmail

As part of their struggle with budget realities and the growing cost of health care, Canada's provinces continue to work on bulk purchasing agreements for pharmaceuticals as a way to save money. Unfortunately, the recent release from the Council of the Federation (the council of Canada's premiers) suffers from the typical one-sided approach that characterizes much of the drug policy discussion. Yes, there are up front savings to be had. But there's no such thing as a free lunch.

How a National Drug Plan Benefit Canadians

Marc-Andre Gagnon | Posted 08.12.2013 | Canada Politics
Marc-Andre Gagnon

Universal pharmacare does not mean an "open bar" for everybody; it means leveraging buying power and using market forces in order to contain drug costs, achieve sustainability and improve the health outcomes of the population.

Buying Drugs in Bulk Makes Good Cents

Marc-Andre Gagnon | Posted 10.22.2012 | Canada Politics
Marc-Andre Gagnon

At the recent Council of the Federation meeting, Canadian provinces announced that they will begin bulk-buying different generic drugs to reduce health care costs. Bulk-purchasing is not an option anymore, it is a necessity. Under the current system, patients who pay for drugs out-of-pocket, or those who pay a co-insurance or a deductible, are still paying the full price, and smaller provinces are disadvantaged.