HR's drug cost nightmares

By Jacqueline Taggart
|Canadian HR Reporter|Last Updated: 09/04/2003

Extended health benefits offered by employers are intended to enhance the benefits available through provincial plans.

Provincial governments pay for the bulk of hospitalization and physician service costs. But increasingly, the lion’s share of prescribed and over-the-counter drug costs are funded by the private sector — specifically, you and your employees.

The problem is that drug costs continue to escalate, representing an ever-increasing percentage of overall health-care costs.