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Monday, December 01, 2008
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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.

According 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:

  • 30 per cent for a drug cost up to $6.30,
  • 15 per cent for a drug cost between $6.31 and $15.80, and
  • 10 per cent for a drug cost of $15.81 to $200.00. (There is a maximum pharmacy mark-up of $20.00 for drug cost over $200.00.)

 

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.

Related Links
Branch responsible for Drug Plans.

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