The Decibel
What to know about Canada’s new Pharmacare bill
Mar 4, 2024
Exploring Canada's new limited Pharmacare bill that provides coverage for two drug categories. Cost analysis suggests an annual cost of 30 to 40 billion but could be reduced to 13 or 14 billion. Discussion on the potential for a universal system in the future and the challenges in implementing a national Pharmacare program.
22:13
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Quick takeaways
- The pharmacare bill in Canada focuses on limited drug coverage for contraceptives and diabetes medications, not a universal single-payer system.
- The collaboration between Liberal and NDP parties on the bill highlights the political significance and challenges of implementing a pharma care program.
Deep dives
Overview of Pharma Care Program
The podcast discussed the agreement between the federal liberals and NDP on a pharma care program, highlighting the challenges and negotiations involved. The legislation aims to fund two categories of drugs - contraceptives and diabetes medications. However, it falls short of guaranteeing a universal single-payer system, focusing more on specific drug coverage rather than comprehensive implementation.
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