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Quebec Prescription Drug Plan Premium will be frozen until June 2023

According to the Quebec Department of Health, the maximum premium remains at $ 710.

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La Presse Canadienne

La Presse Canadienne

A switch to "biosimilar" products, which are much less expensive than the reference biologics, created sufficient financial flexibility to freeze the premium.
Economic enough to freeze premiums by switching to "biosimilar" products, which are much cheaper than reference biologics Flexibility was born.Photo courtesy of Ryan Remiorz/Canadian Press

Quebec City — No annual maximum increase 12 Premiums for a monthly Quebec public prescription drug insurance plan.

The Quebec Ministry of Health said in a statement Thursday that the maximum premium would remain at $ 710 until June 30, 2023. This decision was approved by the Cabinet on the recommendation of the board of directors of Régie de l'assurance maladie du Québec.

According to Health Minister Christian Duvet, an agreement with a manufacturer wishing to list a new product in the state's over-the-counter insurance register paved the way for a freeze. The favorable pricing and discounts included in these agreements have reduced the costs associated with the coverage of new drugs.

The switch to "biosimilar" products, which are much cheaper than the reference biologics, has given them enough financial flexibility to freeze premiums, Duvet said. ..

Biosimilars are licensed for sale using the same strict regulatory standards as all other biopharmaceuticals, Health Canada says.

Other contribution parameters are unchanged. This includes a deduction set at $ 22.25, a percentage of joint insurance set at 35%, and monthly contributions to certain people over the age of 65.

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