Nursing NUR403 Lecture Notes - Lecture 30: Health Technology Assessment

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Pharmacare would build on public insurance programs run by provinces, with provinces and territories continuing to finance purchases made in their jurisdictions. However, as with medicare, to ensure participation of and consistency between all provinces and territories, the federal government should fund a portion of the budget for program and operational expenses. Because the federal government pays for 25% of medicare costs, including 25% of the cost of drugs used in hospitals, the federal share of pharmacare costs should be set at. The federal and provincial governments currently make substantial investments in price regulation, health technology assessment, and the management of existing drug plans. These investments should be coordinated and the savings redeployed to manage pharmacare on a co- operative, pan- A national committee with representation from the public, patients, prescribers, and governments across canada would establish the national formulary of medicines selected for coverage on the basis of clinical evidence and value for money.

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