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Health Watch: Slashed Pharmacists’ Allowances

June 11, 2010 by  
Filed under Health, Special Features

Ontario HEALTH WATCHPremier Dalton McGuinty’s Drug System Reforms are not the cheerful, one-dimensional guarantees his government claims they are, according to worried, independent pharmacists; but McGuinty’s government is steadfast and assures not only have the right steps been taken to ensure pharmacies’ survival, the reforms will also benefit the health care system overall.

Generic drug prices will soon drop from 50 per cent – set in 2006 reforms – to 25 per cent of their brand name counterparts, possibly saving the government more than $500 million a year. But looking past this money-saving exterior, pharmacists wonder, at what true cost to them?

In order to cut generic drug prices in half, the government must eliminate what pharmacists consider their lifeline, Read more