Drug Spending In Canada Essay

Satisfactory Essays

In Canada, drug spending is considered to be the second largest spending category of healthcare ("Protecting Canadians from Excessive Drug Prices", 2017). Ever since Medicare was established in Canada, health expensive has increased to about 16% ("Protecting Canadians from Excessive Drug Prices", 2017). Canada is found to pay way more on prescription drugs than compared to other developed countries ("Protecting Canadians from Excessive Drug Prices", 2017). Not only does the high expense affect the consumer, but it also limits the access to creating new medicines as well as having less resource in other areas in the healthcare field ("Protecting Canadians from Excessive Drug Prices", 2017). As of January 2016, the provincial, federal, and territorial ministers have planned to work together in order to improve the accessibility, affordability, and …show more content…

It causes patients to skip their treatment when drugs are not affordable. It causes patients to have high stress levels. It can eventually lead patients to deal with chronic illnesses when prescription drugs are not taken. It can also affect other issues such as gender inequality, which can eventually lead individuals into poverty. Therefore, the rising cost of drugs has much impact on Canadian and it is important that this issue of drug cost in Canada should be addressed quickly. It is necessary that policy makers should take serious actions to determine the causes of high cost of drugs and should set certain routes that should be done to present price regulations as well as legislation. Overall, government should understand that lowering drug prices could protect patient’s lives as well as having citizens to live healthy. Essentially, patients should have the right to have access to their medication in order for them to stay healthy and live a happy

Get Access