impact

glass

What is the National Strategy for Eye Care Act, the Pros and Cons and the impact on Group Benefits.

The National Strategy for Eye Care Act (Bill C-284), recently passed in Canada, aims to address significant gaps in vision health care. Overall, it is a transformative step for vision health in Canada, addressing a critical health issue while posing challenges in execution and funding. Its success will rely on sustained commitment, collaboration, and resource […]

What is the National Strategy for Eye Care Act, the Pros and Cons and the impact on Group Benefits. Read More »

prescriptions

The unlikely, but possible, 25% tariffs on Prescription Medications and Medical Equipment and the potential impacts on Canadian Insurance Premiums.

The imposition of a 25% tariff on Canadian goods by the U.S. could indirectly affect the pharmaceutical sector and have broader economic consequences, including potential impacts on employee group insurance plan premiums. Here’s how: 1. Increased Costs for Pharmaceutical Ingredients Many active pharmaceutical ingredients (APIs) used in Canadian medications are sourced internationally, including from the U.S. Tariffs

The unlikely, but possible, 25% tariffs on Prescription Medications and Medical Equipment and the potential impacts on Canadian Insurance Premiums. Read More »