TERRY FOX RUN DAY – September 17, 2017
Just a few months before his 19th birthday in 1977, Simon Fraser University kinesiology student Terry Fox was diagnosed with osteosarcoma and learned he would lose most of his right leg to amputation.
With prescription drug costs increasing at a rate much higher than inflation, Canadian employers are faced with the challenge of maintaining their cherished prescription drug plans, while ensuring that those plans are sustainable well into the future. The only way to do both at the same time is to implement comprehensively managed drug plans. But these types of plans don’t just happen by accident.
In the business of prescription benefit management, we tend to talk a lot about numbers and statistics. We use expressions like “drug trend” and “total plan spending” to express what we do. The reason is simple: We are keenly aware of the fact that the current and projected cost of comprehensive prescription drug benefits is not sustainable. And what we do every minute of every day is work with employers and their insurance companies to curb and manage those costs.
Superbugs. You may have heard the word making the rounds, but if it brings up images in your head of cute little insect superheroes fighting crime, it’s time to adjust your thinking. In fact, superbugs are antibiotic-resistant bacteria that are quickly becoming one of the biggest health challenges of our time.
In the health benefit sector, prescription medications are usually divided into two primary categories, traditional and specialty.
What is the difference between a traditional and a specialty prescription drug?