Ensuring universal access to medically necessary prescription drugs is not only the ethical thing to do, it can also be the economically responsible thing to do.
Our current patchwork of public and private drug coverage plans is inefficient. It costs governments, businesses, and families billions of dollars every year while still failing to provide access to prescription drugs for everyone in Canada.
Research shows that a universal, public pharmacare system – one coordinated across provinces in ways similar to how federal, provincial, and territorial governments purchase vaccines and blood supply products – would achieve equity of access goals while saving Canadians between $4 billion and $11 billion per year. A national plan would negotiate the best possible price, thus making universal pharmacare very affordable.