In a statement released today, the Canadian Institute of Actuaries (CIA) adds its voice to the debate on pharmacare in Canada.
The CIA believes that all Canadians should have access to affordable prescription drugs. However, rather than implement an entirely new single-payer system, Canada’s actuaries urge the government to build a framework that harnesses successes from both private insurance and provincial/territorial programs to focus on meeting the immediate needs of Canadians without coverage.