The Government of Prince Edward Island is pleased to remind Island seniors that, effective September 1, they will see a price reduction when they purchase medication under the Provincial Seniors’ Drug Cost Assistance Program.
“Our Seniors Drug Program benefits approximately 18,000 Island seniors,” said Minister Bertram. “By reducing the seniors’ co-pay by 25 per cent, seniors will only be responsible for paying the pharmacy professional fee and $8.25 per prescription within the program.”
Based upon 2009/10 figures, this would be a direct savings to seniors of $914,000. Government will pay almost 75% for the cost of drugs, an estimated $14.9 million. This program is one of the most comprehensive seniors’ drug programs in Canada. All Island residents covered through Medicare are eligible for the program the day they turn 65.
“Our Premier and Government believe in supporting our Island seniors and their health care needs,” said Minister Bertram. “By ensuring that cost is not a barrier to seniors accessing prescription drugs and further reducing the co-pay amounts, we are demonstrating that commitment.”
The Seniors Drug Program covers a large number of medications used to treat conditions which affect this population segment, including: infection; breathing ailments, such as asthma and COPD; blood pressure irregularities; heart conditions; high cholesterol; hormone irregularities; arthritis; gastrointestinal ailments; anxiety and depression.
The Seniors’ Drug Cost Assistance Program was established in 1987 to provide subsidization to seniors for drug costs, particularly those costs associated with long-term drug use for chronic conditions.