National pharmacare ‘no magic bullet’

Should HR start preparing for change?
By Marcel Vander Wier
|Canadian HR Reporter|Last Updated: 08/15/2018
A national pharmacare program would replace public drug plans and employment-based private plans in some fashion. Credit: Chris Wattie (Reuters)

As the discussion of a national pharmacare program heats up once again across Canada, employers may want to begin bracing for impact, according to experts.

Those who believe national pharmacare is a chance to offload major health costs are gravely mistaken, said Brett Skinner, CEO of the Canadian Health Policy Institute in Toronto.

In reality, private employers will be saddled with an alternative tax burden equal to previous fees for private sponsor plans, he said.