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Did you know? Starting July 1, 2008, seniors who have successfully applied for the new Seniors' Drug Plan will have their approved drug costs capped at $15 per prescription. Drug Plan Pharmacy ReimbursementsAccording to the Agreement between Saskatchewan Health and pharmacy proprietors, the prescription cost is calculated by adding the acquisition cost of the drug material, the submitted pharmacy mark-up and a dispensing fee (up to a maximum). The maximum dispensing fee is $8.63 (effective October 1, 2007). A maximum pharmacy mark-up was implemented on August 23, 1999. The maximum mark-up allowance calculated on the prescription drug cost is:
For urine-testing agents, the pharmacy receives acquisition cost along with the mark-up and a 50 per cent mark-up in place of the dispensing fee. For insulin, the pharmacy receives acquisition cost plus a negotiated mark-up. |