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Nearly 70 Generic Drugs to be discounted up to 90%

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Nearly 70 Generic Drugs to be discounted up to 90%

Postby oneh2obabe » Feb 1st, 2018, 8:01 am

OTTAWA—A new agreement will see the prices of nearly 70 commonly prescribed generic drugs discounted by up to 90 per cent of their brand name equivalents.

The price discounts are to start on April 1 and will more than triple the number of drugs that were discounted under the previous generics initiative.

The drugs are collectively used by millions of Canadians to treat conditions such as high blood pressure, high cholesterol and depression.

Full article
https://www.thestar.com/business/2018/0 ... -deal.html
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Re: Nearly 70 Generic Drugs to be discounted up to 90%

Postby gman313 » Feb 5th, 2018, 3:22 pm

oneh2obabe wrote:OTTAWA—A new agreement will see the prices of nearly 70 commonly prescribed generic drugs discounted by up to 90 per cent of their brand name equivalents.

The price discounts are to start on April 1 and will more than triple the number of drugs that were discounted under the previous generics initiative.

The drugs are collectively used by millions of Canadians to treat conditions such as high blood pressure, high cholesterol and depression.

Full article
https://www.thestar.com/business/2018/0 ... -deal.html


a country wide pharmacare would be a good thing! better buying power. The article title is misleading, Generic Drugs are NOT to be discounted up to 90% from CURRENT PRICES they are being discounted by up to 90% from BRAND NAME prices, which is still a reduction from current prices but only a bit
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