Private insurance spending on drugs, dental and vision care in Canada, 1990 to 2010.

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The private insurance industry doesn’t want to cover new drugs, says costs are unsustainable and demands regulation. But the facts show spending by private insurers on new drugs is growing slower than their spending on dental services and vision care.

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Author: Dr. Brett J Skinner, Ph.D.

This study examines the publicly available empirical evidence about the drug costs of private insurers in Canada, in the context of other privately insured health costs, in order to test the validity of assertions that the cost of new drugs cannot be sustainably insured by the private sector without further government regulation.