Ontario is lowering generic drug prices and making improvements to the
province's drug system to benefit all Ontarians.
These improvements include:
- Lowering the price of most generic
drugs by at least 50 percent.
- Eliminating so-called 'professional
allowances' - payments generic drug companies make to pharmacy owners in
exchange for stocking their products.
- Supporting access to pharmacy
services in rural communities by increasing the dispensing fees paid to rural
pharmacies by as much as $5 per prescription filled.
- Expanding the MedsCheck program
to assist people with diabetes, long-term care home residents and people who
have difficulty travelling to their local pharmacy.
- Creating a transition fund to
assist pharmacies in adapting to the fairer drug system.
The changes, which are part of the
government's Open Ontario plan, will begin to take effect on July 1, 2010.