The changes to the Quebec Prescription Drug Insurance PlanLinkedIn
There, in black and white
NB Bulletin Vol. 10 N. 7, June 2007
The Board of Directors of the Régie de l’assurance maladie du Québec (RAMQ) recently announced the latest modifications to the Quebec Prescription Drug Insurance Plan, which will take effect on July 1, 2007.
First, new categories of insured persons will get public drug insurance at no cost, that is Employment Assistance recipients without severe employment constraints or with temporary constraints and elderly persons receiving from 94% to 99% of the maximum Guaranteed Income Supplement (GIS). These categories have been added to those already receiving free public drug insurance, namely children, students, Employment Assistance recipients with severe employment constraints and elderly persons receiving the maximum GIS.
The main changes applicable to the remaining population insured by the RAMQ are as follows:
Since private plans must offer, conditions at least as generous as the public plan, the coinsurance rise from 29.0% to 30.0% and the annual maximum contribution increase from $881 to $904 may have an impact on private plans.
Quebec Prescription Drug Insurance Plan provides for the annual indexation of plan parameters on July 1 of each year.
Finally, new price listing for eligible drugs under the public drug insurance plan took effect on June 22, 2007. Prices of 363 out of the 5,400 eligible drugs have risen generally up to 2.03%, which corresponds to 2007 Consumer Price Index (CPI). However, price increases for 163 drugs exceed CPI.
We will inform you on the impact of this price increase on group insurance plans in an upcoming memo.
Please contact your Normandin Beaudry consultant for additional information. You can also consult the following Web sites:
(1) For elderly persons receiving from 1% to 93% of the GIS, the monthly maximum contribution increases from $47.51 to $48.27.
Please feel free to contact us for additional information.
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