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Universal pharmacare touted as way to save billions - 6/20/2011 2:22:39 AM

Brain

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Great idea. Lets get to it. I am all for prescriptions being part of public healthcare.

Ontario is receiving awesome deals since they are the single largest purchaser of prescriptions drugs in the world.

Universal pharmacare touted as way to save billions
André Picard — Public health reporter

The report suggested that doing rigorous drug reviews and price negotiations, as done in New Zealand, could generate annual savings of $9.3-billion. Savings from cheaper administration costs, eliminating federal tax subsidies to insurance plans and eliminating multiple private plans would produce more than $1.4-billion in savings, for a total of about $10.7-billion. The current approach to attract investment in the pharmaceutical sector inflates prices.

The 120-page paper, prepared for the Canadian Centre for Policy Alternatives, argues that countries with national pharmacare programs, such as the U.K., France, Australia, New Zealand and Sweden, all have lower drug prices. Costs have increased twice as quickly in private drug plans as in public plans – in large part because they do not have bulk purchasing power. Administrative costs are also higher in private plans compared to public plans – eight per cent versus two per cent. B.C., in particular, is held-up as a model – where the drug plan pays for the cheapest equivalent drug, usually a generic.

REPORT ON MEDICARE
Canada's medicare system offers “top-notch care,” but measures need to be taken to contain costs to ensure the future of the popular program, the Organization for Economic Co-operation and Development warns in a new report. Among the measures recommended are the introduction of co-payments and deductibles to “encourage more responsible service use” and a need to rein in physician salaries, which are among the highest in the Western world.

http://www.theglobeandmail.com/news/politics/universal-pharmacare-touted-as-way-to-save-billions/article1704881/

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 4:57:25 AM

Hillwilliam

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That won't every fly in the states.

We have the best congress money can buy.

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 7:04:59 AM

pahunkboy

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Actually Hill, my Rep is giving a talk about some small pharmacy bill he is pushing.

Small ones will be able to team up and negotiate better prices. Tho I have not read it.

HR 1946, Preserving Our Hometown Independent Pharmacies Act

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 11:18:00 AM

joether

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quote:

ORIGINAL: pahunkboy
Actually Hill, my Rep is giving a talk about some small pharmacy bill he is pushing.

Small ones will be able to team up and negotiate better prices. Tho I have not read it.

HR 1946, Preserving Our Hometown Independent Pharmacies Act

Yes, they'll save themselves a couple of pennies.....'big' win for them. They will still pay much more money for their drugs than someone like Wal-Mart. I agree with Hillwilliam...

quote:

ORIGINAL: Hillwilliam
We have the best congress money can buy.

To bad those Republicans dont represent us Americans anymore....

< Message edited by joether -- 6/20/2011 11:22:08 AM >

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 11:43:02 AM

Hillwilliam

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Don't fool yourself joether, the Dems dont represent us either.

They represent whoever lines their pocket this week.

Remember, I said "We have the best congress money can buy"

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Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 7:22:14 PM

Brain

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Now is the time to twist their arms to get what you want. Because they need your votes now they have to listen.

quote:

ORIGINAL: Hillwilliam

Remember, I said "We have the best congress money can buy"

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 7:40:38 PM

thishereboi

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quote:

ORIGINAL: Hillwilliam

That won't every fly in the states.

We have the best congress money can buy.

I know this will come as a big shock to you, but he is actually talking about Canada this time.

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 9:03:13 PM

Hillwilliam

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That's why I said "in the states" boi.

I saw the OP was about the "Great White North" eh

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Don't blame me, I voted for Gary Johnson.

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RE: Universal pharmacare touted as way to save billions - 6/20/2011 9:16:37 PM

Termyn8or

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"Universal pharmacare touted as way to save billions "

Touted by whom ? If it is not in their best interests they are stupid. Lose lose for us either way.

T^T

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RE: Universal pharmacare touted as way to save billions - 6/21/2011 5:14:18 AM

thishereboi

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quote:

ORIGINAL: Hillwilliam

That's why I said "in the states" boi.

I saw the OP was about the "Great White North" eh

Oops, sorry my bad. I read it wrong.

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RE: Universal pharmacare touted as way to save billions - 6/21/2011 7:25:04 AM

Musicmystery

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quote:

ORIGINAL: Termyn8or

"Universal pharmacare touted as way to save billions "

Touted by whom ? If it is not in their best interests they are stupid. Lose lose for us either way.

T^T

Generally, such a claim would be followed by a rationale for it.

Tradition and all.

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RE: Universal pharmacare touted as way to save billions - 6/21/2011 8:24:03 AM

Hillwilliam

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quote:

ORIGINAL: thishereboi

quote:

ORIGINAL: Hillwilliam

That's why I said "in the states" boi.

I saw the OP was about the "Great White North" eh

Oops, sorry my bad. I read it wrong.

no worries.

_____________________________

Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

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RE: Universal pharmacare touted as way to save billions - 6/21/2011 9:07:31 AM

Termyn8or

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"Generally, such a claim would be followed by a rationale for it. "

I'll consider that a heads up. This because the thread is about Canada, not the US. Someone tell me that their politicians are better than ours and I'll gladly recant.

I tend to think poititcians are pretty much the same in most places, maybe I'm wrong. Do they not have lobbyists and campaign contributions up there ? If things are really different, I would like to know.

T^T

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