Search this Site

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Drug Pricing Initiative To Provide Millions In Savings For Saskatchewan Government Health & Wellness  Saskatchewan Government of Saskatchewan

Post Categories

Drug Pricing Initiative To Provide Millions In Savings For Saskatchewan

 

Saskatchewan residents will soon benefit from lower prices on generic drugs. A new national generic drug initiative will result in $6 million in savings in the first year and up to $50 million in savings over the next five years for the Saskatchewan Drug Plan.

Savings for patients and employers are expected to match or exceed those achieved by the provincial government.

Through the pan-Canadian Pharmaceutical Alliance (pCPA), provinces and territories have developed a new initiative with the Canadian Generic Pharmaceutical Association (CGPA) to significantly reduce the price of some of Canada’s most commonly prescribed generic drugs.

“We know medicine is expensive, and our government is committed to providing Saskatchewan residents with the best value for the important drugs they rely on,” Health Minister Jim Reiter said.  “In addition to benefitting the public, it benefits the province as well.  The savings we realize will help our public drug plan provide coverage for new and innovative drugs, and increase the plan’s sustainability.”

As of April 1, 2018, the prices of nearly 70 generic drugs will be reduced by 25 to 40 per cent, resulting in overall discounts of up to 90 per cent off the price of their brand-name equivalents. Generic drugs included in the initiative are used to treat a variety of conditions, including high blood pressure, high cholesterol and depression.

The initiative also includes a commitment from generic drug manufacturers to continue bringing new generic drugs to the Canadian market and ensure a stable supply of generic drugs across the country.

Saskatchewan served as a co-lead, along with British Columbia and Ontario, in developing this initiative. For more information about the generic drugs covered by this initiative, visit http://formulary.drugplan.ehealthsask.ca/PanCanadian.aspx.

Source: Drug Pricing Initiative To Provide Millions In Savings For Saskatchewan

Drug Pricing Initiative To Provide Millions In Savings For Saskatchewan Government Health & Wellness  Saskatchewan Government of Saskatchewan

Leave a Reply

COMMUNITY CALENDAR

  • Gull Lake Kinettes ERPSTER Cup Tournament May 28, 2022 at 1:00 PM – 5:00 PM Meadowdale Golf Club, Gull Lake, SK S0N 1A0, Canada We are SO excited to have this event back! If you can't join us for golf, come down to Last Chance Bar and Grill for the afterparty featuring another local comeback from the DIRTY ACES
  • Prairie Skies Bible Fellowship May 29, 2022 at 11:00 AM – 12:00 PM
  • ull Lake Transfer Station Hours of Operation June 1, 2022 at 12:00 PM – 6:00 PM
  • TOPS (Take Off Pounds Sensibly) June 1, 2022 at 7:00 PM – 9:00 PM Senior Citizens Hall, 3376 Rutland, Gull Lake, SK, Canada
  • AA June 1, 2022 at 8:00 PM – 9:00 PM Legion Hall

OPEN FIRE BURN BAN TOWN OF GULL LAKE

Effective immediately, no fireworks or open fires, including fire pits, fire rings, chimineas, and the like are allowed until further notice.