Steve Morgan, a professor at UBC’s school of population and public health, was quoted in a National Post story about the high cost of medication in Canada.
Morgan said the best international systems have a national formulary, or a list of drugs covered, with single purchaser paying power.
“Almost all universal public health-care systems operate with a version of a single national formulary,” he said “With this, you can negotiate pricing terms and guarantee supplies. Canada doesn’t have that. As a result, we are the silver medallists when it comes to high prices in pharmaceuticals.”