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JBoy

(8,021 posts)
Thu Jul 26, 2012, 02:35 PM Jul 2012

Canadian provinces to begin bulk-buying generic drugs

Not just universal health care, but taking steps to put the financial interests of citizens ahead of the pharmaceutical industry. I'm liking this.

http://www.theglobeandmail.com/news/politics/provinces-to-bulk-buy-generic-drugs-in-bid-to-cut-health-costs/article4442541/

Provinces will begin bulk-buying several different generic drugs as part of the first steps Canada’s premiers are taking to make health care less costly and more efficient for Canadians.

The initiative was introduced Thursday at the Council of Federation, the annual gathering of premiers, as part of a report on health care co-authored by Saskatchewan Premier Brad Wall and Prince Edward Island Premier Robert Ghiz.

A national competitive bidding process is to be initiated by this fall, according to the recommendations in the report. It says this will “result in lower prices taking effect by April 1, 2013.”

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