Regulatory Updates
Regulatory Updates provide quick access to employee benefit regulations, rulings and other guidance released by governmental agencies in the U.S. and Canada.
New updates to this page may be included in Today’s Headlines which is emailed to International Foundation members each business day. Inquiries regarding these updates should be directed to the Benefits Knowledge Center at the International Foundation at (888) 334-3327, option 5 or [email protected].
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Government of Canada Introduces Bill C-64 for First Phase of National Universal Pharmacare
Health Canada introduced Bill C-64, An Act respecting pharmacare (Pharmacare Act), which proposes the foundational principles for first phase of national universal pharmacare in Canada and describes the Government of Canada’s intent to work with provinces and territories (PTs) to provide universal, single-payer coverage for a number of contraception and diabetes medications. These elements would form the key next steps towards national universal pharmacare in Canada.
Bill C-64 provides that the new Canadian Drug Agency work towards:
- the development of a national formulary,
- develop a national bulk purchasing strategy, and
- support the publication of a pan-Canadian strategy regarding the appropriate use of prescription medications.
Additional Resources:
Backgrounder: Universal Access to Contraception
Backgrounder: Universal Access to Diabetes Medications, and Diabetes Device Fund for Devices and Supplies
Final Report of the Advisory Council on the Implementation of National Pharmacare