Tuesday, September 11, 2012

The Canadian Problem / Opportunity

Millions of Canadian patients will have virtually no choice but to buy generic versions of prescription drugs under their company health plans as two major insurance companies begin rejecting claims for brand-name medicines when a no-name is available.

“Employers are basically seeking ways to make sure their drug plans are sustainable in the long term,” said Dave Jones, a Sun Life vice-president. “The average script for a brand drug in Canada is 72 bucks, and the average script for a generic is $27.”


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