Liberals promise new agency to cut Canadian drug costs budget2019
Prime Minister Justin Trudeau looks on as Finance Minister Bill Morneau tables the federal budget documents in the House of Commons in Ottawa on March 19, 2019.
The government said it intends to work with provinces, territories and other partners to develop the mandate for the national drug agency, with Health Canada to receive $35 million over four years starting in 2019-2020 to create an office to support the plan. Provinces do not have a lot of capacity to take on substantial new costs, she said, noting the parliamentary budget office has estimated the cost of a pharmacare plan at about $20 billion a year.
The Canadian Institute for Health Information says drugs are the fastest-growing component in health spending but that most people's medication needs aren't covered by public health insurance, unlike care provided in hospitals and through visits to the doctor.
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