Working toward drug plan sustainability

Biosimilars, generics among tools that can help ensure employee health
By Jason Kennedy
|Canadian HR Reporter|Last Updated: 10/01/2019
Insureds with plans that include generic drug policies

Health care remains a fundamental and defining issue for Canadians. As such, ensuring that private drug plans evolve with Canada’s changing health-care landscape is of great importance. 

It is critical that plan sponsors have the right information to ensure employee health benefits continue to support the best possible health outcomes for the workforce, while ensuring sustainability as the rising costs of medications remains a constant challenge. 

We are not just living longer in Canada, we’re now working longer, too. Chronic diseases and increased utilization are contributing factors to growing prescription claims costs amid the already high costs of drug plans in Canada.