The true cost of Medicare for individuals and families in Canada is often misunderstood with many people thinking its either free or covered by what we pay for our provincial health insurance coverage. It is critically important however, that Canadians understand the true cost of Medicare. Armed with a more meaningful estimate, Canadians will be able to better assess whether or not they are receiving value for their health care dollars.
health care costs
Worried about rising expenditures for prescription drugs, many states are employing preferred lists to encourage doctors to prescribe older, lower-priced drugs and forego the latest, more expensive medicines.
If Congress succeeds in passing a Medicare prescription drug benefit this year, the debate over preferred drug lists - now raging in numerous states - is likely to explode onto the national stage.
The lists - also known as formularies - are, whether we like it or not, a form of rationing. Ask any Canadian.