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Pharmacare not really the answer to lowering drug prices, say industry associations

By Emily Haws      

Health Min. Ginette Petitpas Taylor is tasked with reducing Canadians' high drug prices, but industry stakeholders say it's more complicated than introducing a new national drug plan.

Minister of Health Ginette Petitpas Taylor gets a flu shot on Nov. 9. She is tasked with increasing the accessibility and affordability of prescription drug prices in Canada. The Hill Times photograph by Andrew Meade

As the House Health Committee studies a national pharmacare program, industry associations representing pharmaceutical companies and private health insurers say although they are not opposed to the plan, they believe the country’s high drug costs are the result of skewed data and that pharmacare savings won’t be drastic.

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