The Ontario Chamber Network releases key principles as a guide as federal government considers national pharmacare system
The St. Thomas & District Chamber of Commerce, in partnership with the Ontario Chamber of Commerce (OCC) has released a new policy report, Principles for an Effective Pharmacare Program
, which provides guidelines for the federal and Ontario governments to follow when considering reforms to pharmaceutical coverage, which has implications for both governments. The report highlights five principles against which new pharmacare proposals can be tested to ensure an effective and sustainable program.
In its budget release on February 27, the federal government announced it will begin consultations on a pharmacare program with former Ontario Minister of Health and Long-Term Care, Dr. Eric Hoskins, leading the initiative. With increasing demand for national pharmacare in Canada, the OCC has engaged in its own consultations over the last few months with a diverse group of health, life sciences and insurance stakeholders to develop and endorse the test of principles.
“The Ontario Chamber Network supports improving access to medicine for all Ontarians,” says Bob Hammersley, President & CEO of the St. Thomas & District Chamber. “It is essential that the design of a future pharmacare program is developed in a collaborative manner, reflecting these principles to ensure the long-term sustainability of the program.”
The OCC developed the following five principals that pharmaceutical program proposals can be evaluated against:
“The Ontario and federal governments must work with all health stakeholders, including patients, health care professionals, private insurers, employers, and the pharmaceutical industry, to identify outstanding coverage gaps and implement effective and pragmatic solutions,” said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. “We look forward to working with the federal and provincial governments to ensure a future pharmacare model takes advantage of Ontario’s current health care system and embraces public-private partnership.”
The Ontario Chamber Network has been active on health care policy for a number of years, including multiple reports on life sciences as an economic driver. Pharmacare has emerged as a key public policy issue in Ontario given the recent provincial government announcement of OHIP+, which provides pharmaceutical coverage to all Ontarians under the age of 25, and a commitment by the Ontario NDP to create a universal pharmacare program if they form government after the next provincial election.
The St. Thomas & District Chamber of Commerce is the Voice of Business in St. Thomas, Central Elgin & Southwold.
The Ontario Chamber of Commerce is Ontario’s business advocate.