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The CLHIA welcomes the lower prices of generic drugs



18 July, 2017 09:30

Lyne Duhaime | Photo : Réjean Meloche

The canadian Association of insurance companies of person (CLHIA) welcomes the agreement between the Government of Quebec and thecanadian generic pharmaceutical Association (CGPA), which will result in a decrease in the price of generic drugs. The agreement will allow the health system to save $ 1.5 billion over a period of five years.

«The insurance industry has always wanted to see them lower the price of prescription drugs, because higher prices encourage the participants to schemes of complementary health insurance ; therefore, we are satisfied with the minister’s announcement. The details of the agreement are still confidential, but we hope that all stakeholders — the government, pharmacists, and insurers can work together to ensure that consumers and plan sponsors quebecers will benefit from this initiative, » said Lyne Duhaime, president of CLHIA Quebec.

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