Nursing NUR403 Lecture 29: IRECOMMENDATIONS FOR SAFETY
10 May 2016
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Document Summary
A system to provide equitable access to medicines must be designed to be efficient and sustainable. This requires attention to administrative costs, drug prices, and treatments selected to meet health needs. It also requires attention to the fact that money spent on pharmaceuticals cannot be spent on other things including other investments in health and health care. Canada"s current patchwork drug coverage system does poorly in all of these respects. In terms of administrative costs, every private and public drug plan operating in every province must spend money on beneficiary enrolment, revenue collection, coverage decision- making, price negotiations, claims administration, and, for private companies, paying shareholders. Many of these costs are unnecessarily duplicative, diverting resources away from the task of purchasing health care for canadians. In terms of drug prices, canada"s multi-payer system is among the most expensive systems in the world, because it diminishes our purchasing power.
