pharmacy fees – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility https://www.benefitscanada.com/benefits/health-benefits/ontario-reviewing-impact-of-preferred-pharmacy-networks-on-plan-members-costs-accessibility/ Fri, 06 Sep 2024 13:00:42 +0000 https://www.benefitscanada.com/?p=159763 Ontario’s Ministry of Health is consulting on the role of preferred pharmacy networks in the province’s employer-sponsored drug insurance sector to determine how these agreements impact plan members’ costs, choice, accessibility and access to medicine and quality of care. In its draft consultation paper, the ministry said a common concern among consumers is when PPNs are closed and […]

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]]> U.S. health benefits costs rising to nearly 8% in 2025: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-health-benefits-costs-rising-to-nearly-8-in-2025-survey/ Wed, 28 Aug 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=159526 U.S. employers’ health benefits costs are expected to increase to nearly eight per cent for 2025, the highest amount in more than a decade, according to a new survey by Business Group on Health. The survey, which polled 125 large employers, found they’re planning to continue to absorb much of the increases at least for […]

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]]> A closer look at preferred pharmacy networks https://www.benefitscanada.com/benefits/health-benefits/what-plan-sponsors-members-should-know-about-preferred-pharmacy-networks/ Mon, 04 Mar 2024 14:00:36 +0000 https://www.benefitscanada.com/?p=152127 While preferred pharmacy networks have been around for nearly a decade, most benefits plan members aren’t aware that these arrangements have become standard, says Suzanne Lepage, a private health plan strategist. Preferred provider networks are common arrangements that businesses across a variety of industries enter into to help deliver consistent value, quality and cost containment, said the Canadian Life […]

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]]> Sounding Board: Why do Quebec’s private drug plans pay higher pharmacy fees? https://www.benefitscanada.com/benefits/health-benefits/sounding-board-why-do-quebecs-private-drug-plans-pay-higher-pharmacy-fees/ Mon, 17 Apr 2023 13:00:46 +0000 https://www.benefitscanada.com/?p=136456 Unlike other Canadian provinces and jurisdictions, the Quebec government imposes rules and constraints on private drug plans that affects pharmacy costs. For example, in all provinces except Quebec, the amounts billed by pharmacies to private drug claims are controlled through the following measures: fees are displayed in pharmacies so patients can compare — however, the […]

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