Tag Archives: employee drug benefits

Why employers in Canada waste $5 billion a year on inefficient drug coverage Why employers in Canada waste $5 billion a year on inefficient drug coverage
By Sean O'Brady and Alan Cassels

Tackling the wastefulness of private drug plans would not only increase the disposable income of all Canadians, it would also reduce labour costs and increase the competitiveness of Canadian businesses.

MORGAN_Four things needs to make pharmacare work for Canadians Four things needed to make pharmacare work for Canadians
By Steve Morgan

A growing number of health professionals, patients, community groups and even politicians are calling for national pharmacare. But many Canadians likely wonder what pharmacare is and whether Canada is ready for it.

Why Canadian employers waste $5 billion a year on inefficient drug coverage

February 3, 2015

Employers in Canada spend an estimated 5 billion dollars a year on drug coverage for their employees. Yet, private plans are notoriously inefficient and they often cover higher priced drugs that are not necessarily better for consumers’ health, explains Alan Cassels.

Why employers in Canada waste 5B a year on inefficient drug coverage Why employers in Canada waste $5 billion a year on inefficient drug coverage
By Alan Cassels and Sean O'Brady

There is certainly a lot of waste in health systems, but one area that seems to have escaped close scrutiny is the waste in private drug plans in Canada. To put it simply, that waste is gut-churning.