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N.S. seeks advice on cutting drug costs – Metro US

N.S. seeks advice on cutting drug costs

Ever-increasing costs and growing enrolment numbers have induced the province to hold consultations on its Pharmacare programs.

Health Minister Maureen MacDonald said her department will be meeting with stakeholders over the coming months to find ways to reduce drug prices for both patients and the government.

At a press briefing yesterday, department officials revealed a five-point plan to lower costs, including setting caps on the price of generic drugs, establish rules around price increases, as well as clearly defining the price paid by the province to community pharmacists for brand name drugs.

“Nova Scotians pay more for prescription drugs than people in other developed countries and some provinces,” said MacDonald, adding costs have increased for the government as well.

“As a province, we simply cannot afford to continue on this path.”