Study Compares Insurance Coverage for New Medicines Between Canada's Public and Private Sector

Study Compares Insurance Coverage for New Medicines Between Canada's Public and Private Sector Drug Plans

ID: 298688

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 09/20/13 -- A new study published by the compares insurance coverage for new medicines between Canada's provincial and federal public drug programs; and between public sector drug programs and the benchmarks currently set in a competitive market by private-sector drug insurance.

Using data from Health Canada and IMS Brogan, the study specifically examined insurance coverage for new medicines in five (5) select therapeutic classes - allowing Canadians to see how they are uniquely impacted by differences in drug insurance benefits across plans, according to the treatment areas that affect them most directly.

The data show that there is significant variability of insurance coverage for new drugs across provincial and federal plans. Quebecers tend to have much better and quicker access to new medicines in their publicly funded drug plan relative to the public plans of other jurisdictions. Also, the generosity of drug insurance coverage under the private sector drug plans in Canada is far better than that of the public sector drug plans.

These findings are relevant to three recent developments with implications for drug insurance policy in the public and private sector:

The study, How Good Is Your Drug Insurance? Part 2: Comparing Access to New Medicines by Therapeutic Class in Public and Private Sector Plans in Canada, is available for free download from , the online journal of the and can be accessed at the following web link: .

About CHPI

Canadian Health Policy Institute (CHPI) is a non-profit think-tank funded by independent research grants and unrestricted operating grants from public sector, private sector and non-profit sector sources. CHPI is dedicated to conducting, publishing and communicating evidence-based socio-economic research on health system performance and health policy issues that are important to Canadians.



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Bereitgestellt von Benutzer: Marketwired
Datum: 20.09.2013 - 12:00 Uhr
Sprache: Deutsch
News-ID 298688
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