Saturday , July 2 2022

How to pay for a national pharmacy



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A new analysis CMAJ (Canadian Medical Association Journalhttp: // www.CMAJ.CA /look up/doi /10.1503 /CMAJ.180 897 He outlines the potential cost of a national Canadian pharmacy program and sets out approaches to exchanging drugs in Canada for billions in savings.

"We think the federal government is an ambitious argument to increase the increased revenues needed to implement the long-proposed expansion of Canadian drugs," Drs writes. Michael Wolfson, Faculty of Medicine and Law, University of Ottawa and Steven Morgan, School of Population and Public Health, University of British Columbia.

The implementation of a national pharmacy program in 2020 needs a share of $ 9.7 billion in public funding and, according to the estimates of the Parliamentary Budget Officer, will save $ 13.5 billion to the private sector due to the lower costs of the private sector.

The authors propose to use a mix of federal income sources, including relatively small increases in personal income tax (0.5 percentage points), corporate tax rates (1 point) and GST (0.25 points).

For policy-makers, advanced modeling tools can help inform different approaches to funding a national pharmacy program.

"By 2020, without a national apothecary, the Canadians may be paying $ 4.2 billion more to drugs because they need a universal, comprehensive public pharmacy plan," he writes. ”Therefore, it is not the question of whether the Canadian can afford the national pharmacist, but how the government should raise the necessary public revenues and, consequently, the billions of dollars in net savings neden.

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"Payment for national pharmacy" was published on November 26, 2018.

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