05/13/2013 03:03 EDT | Updated 07/13/2013 05:12 EDT

Alberta Prescription Drug Prices: Wildrose Submits Petition To Pricing Plan Rule Changes

EDMONTON - Alberta's Opposition Wildrose party is delivering a petition to the legislature urging Health Minister Fred Horne rethink his new prescription drug pricing plan.

Wildrose Leader Danielle Smith says they have the names of 25,000 Albertans who feel the minister's plan to cut the price for generic drugs goes too far, too fast and will create more problems in the long run.

The province announced that starting this month, it is cutting in half what it will pay for generic drugs, down to 18 per cent of the equivalent brand-name medications.

Horne says the change has Albertans on track to save $80 million this year.

He says that while some of the drugs have come down to 18 per cent, many are at 25 per cent.

Smith says on the other end of the scale, costs have gone up for 115 drugs, and says the government is being too rigid by demanding steep price cuts across the board.

Also on HuffPost

Photo gallery Health Care Reform Efforts Throughout History See Gallery