For years, employers with employee benefits plans in place have watched as the costs for prescription drugs (for their staff members & dependents) have sky-rocketed. In particular, the cost of biologic drugs (for conditions such as Cancer, Crohn’s, and Osteoarthritis) have impacted benefits plans. Now, one insurance company has taken steps that they believe will…
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Every 6 months, Telus Health Solutions, one of the largest “drug compensation claims” providers in the country, publish a list of the average dispensing fees for each pharmacy chain for the past 6 months. They operate “the largest private electronic insurance claims network for transporting and adjudicating drug claims and transporting dental claims in Canada”….
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There was a news piece today about the cost of drugs potentially going up. Yes, you read that correctly. It seems that the Canadian government is working on a trade agreement with the European Union. As part of the agreement, the E.U. wants the patent protection on brand-name drugs to be increased by 3 1/2…
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