September 25 2017
The new detailed prescription drug invoice from your pharmacy
Since September 15, 2017, your pharmacy’s prescription drug invoice will be more transparent. It will show the following :
- The pharmacist’s fee
- The price of the molecule (medication)
- The wholesaler’s (distributor’s) profit margin
Only one of these items will vary from one pharmacy to another : the pharmacists’ fee.
This new information significantly impacts the cost of group insurance. In fact, Quebec’s employees, employers, members and organizations that have group insurance plans pay close to half a billion dollars (based on 2013 data) more each year than those covered under the public drug insurance plan, as a result of higher pharmacists’ fees.
With a view to ensuring that employers and organizations can continue to offer plans to their employees or members, here a some actions you can take to help reduce costs :
- Greater use of generic drugs
- Prescription refills that cover longer periods
- Compare costs between pharmacists.
For more information on the detailed invoice, visit : www.mypharmacyinvoice.ca.