4 ms·

Does Canada not profit or break even on sale of drugs?

• amadeusw 7y ago
  No, the government only sets drug prices. AFAIK private pharmacies buy and sell drugs at set prices and add stocking\service fee to sustain their business operations.
  • mgbmtl 7y ago
    In some provinces, the government is also the sole purchaser of some drugs and controls their distribution, as is the case for alcohol imports and cannabis (iirc, ex: Quebec).
    • tenpies 7y ago
      This. You have to consider that Canada does not have a singular public health system since they are provincial responsibilities. The Federal government "guarantees" it, but in practice doesn't do anything other than delegating it to the provinces and equalizing funding between the provinces. In almost all of the systems, medication is not covered unless you're a child, extremely poor, or very old. In practice about 30% of all healthcare expenditure in Canada comes from private sources, since things like medication, dental care, vision care, and a whole myriad of other critical segments of healthcare are not covered by any government health plan.
• scj 7y ago
  I understand what you're getting at, but most Canadians have a negative reaction to talking about profiting off healthcare. Ensuring access to those who need it is the primary concern. If Americans were suffering an unintended shortage, that'd be one thing... But causing an artificial shortage for Canadians in order to profit off Americans would result in near immediate regulation.