Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE Canadian Health Policy Institute
TORONTO, July 2, 2014 /CNW/ - New research published by the Canadian Health Policy Institute (CHPI) shows that Quebec's publicly funded drug plan provides the best access to new drugs among all the federal and provincial public drug plans in Canada.
The study compares Canada's public drug programs in terms of the number of new drugs approved for public insurance coverage, as well as the time that patients must wait for publicly insured access to new drugs. It ranks the quality of coverage for new drugs under federal and provincial public drug plans from best to worst.
The findings are relevant to the health of a large number of Canadians. It is roughly estimated that as of 2012, 11.3 million Canadians were eligible for coverage under public drug insurance programs.
The study uses the most recent data from Health Canada and IMS Brogan covering the period from January 1, 2004 to December 1, 2013.
Researchers found that the quality of insured access to new drugs varies significantly between public drug plans. Some jurisdictions provide much better access for their publicly insured populations than do other jurisdictions.
Overall, Quebec appears to provide the best access to new drugs under its public drug plan. However, it is important to put the performance of all public drug plans in the context of benchmarks set by private sector insurance plans. Other CHPI research confirms that all public drug plans in Canada provide much lower quality of coverage for new drugs than do private sector drug insurance plans.
The study, Comparing Access to New Drugs in Canada's Federal and Provincial Public Drug Plans, is part of an annual series of papers released under the title: How Good Is Your Drug Insurance? It was published at CHPI's free access online journal, Canadian Health Policy and can be downloaded at: www.canadianhealthpolicy.com or www.chpi.ca.
Canadian Health Policy Institute (CHPI) is a non-profit think-tank funded by independent research grants and unrestricted operating grants from public sector, private sector and non-profit sector sources. CHPI is dedicated to conducting, publishing and communicating evidence-based socio-economic research on health system performance and health policy issues that are important to Canadians.
Open Access Permission
CHPI grants open access permission to republish this news release in whole or in part for use in news articles including a reference to Canadian Health Policy Institute (CHPI) as the publisher.
©2012 PR Newswire. All Rights Reserved.