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You are here: Home / Healthcare Waste / Billions wasted on drug spending in Canada, research shows

Billions wasted on drug spending in Canada, research shows

January 12, 2017

Canada wasted $15 billion over the last five years on highly priced prescription drugs, in part because of questionable drug company sales tactics, according to exclusive research and a hidden camera investigation by the fifth estate.

John Herbert, a director for Express Scripts Canada, says money can be saved by Canadians and their employers choosing to take advantage of ‘lower-cost, clinically effective medications.’ (Express Scripts Canada )

The research conducted for the fifth estate by health benefits company Express Scripts Canada shows employer-funded private insurance plans in Canada wasted more than $3 billion per year between 2011 and 2015 by covering the cost of expensive drugs that have cheaper options, as well as paying for unnecessary dispensing fees.

Source: Billions wasted on drug spending in Canada, research shows CBC

Filed Under: Healthcare Waste

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