Plan costs to rise 130% by 2025

Mercer, a global consulting company, today predicted that employers’ health benefit costs will increase by 130% by 2025 due to expensive specialty drugs, higher rates of chronic and mental illness, increased fraud and rising health pooling costs.

NDP proposes $475M pharmacare plan covering 125 drugs in Ontario

Ontario’s New Democrats are promising to bring in a $475-million pharmacare plan if they win the election next year, which they say could be introduced without program cuts or new taxes — although they’re not ruling them out.

They say the plan would cover 125 medications deemed essential, including those for high blood pressure, asthma, diabetes, allergies, migraines, mental health conditions and HIV, as well as birth control.

NDP Leader Andrea Horwath said more than two million Ontarians currently have no drug coverage.