Study
| EST. READ TIME 1 MIN.Canada's Drug Price Paradox, 2008
This study regularly (since 2005) compares Canadian and American retail prices for an identical group of the 100 most commonly prescribed brand-name (mostly patented) drugs and the 100 most commonly prescribed generic drugs in Canada. In 2007, this sample of drugs represented approximately 70% of the entire brand-name market and approximately 55% of the entire generic market.
The results confirm that, in 2007, Canadians continued to pay more than double the prices that Americans pay for identical generic drugs because government policies in Canada distort the market for prescription medicines. Meanwhile, Canadian prices for brand-name drugs remain more than half as expensive on average as American prices for identical drugs and are declining over time relative to prices in the United States.
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Brett J. Skinner
Brett J. Skinner Dr. Brett J. Skinner was the Fraser Institutes Director of Health Policy Research (2004 to 2012) andwas also the Institutes President and CEO (2010 and 2012). Dr. Skinner has a B.A. from the University of Windsor, an M.A. through joint studies between the University of Windsor and Wayne State University in Detroit (Michigan), and a Ph.D. from the University of Western Ontario, where he has lectured in both the Faculty of Health Sciences and the Department of Political Science. Dr. Skinner has authored or co-authored approximately 50 major original pieces of applied economics and public policy research. In 2003 he was a co-winner of the Atlas Economic Research Foundations Sir Antony Fisher Memorial Award for innovative projects in public policy. Dr. Skinners book, Canadian Health Policy Failures: Whats wrong? Who gets hurt? Why nothing changes, was a finalist for Atlas 2009 Fisher book prize. His research has been published through several think-tanks including the Fraser Institute (Vancouver), the Atlantic Institute for Market Studies (Halifax), the Pacific Research Institute (San Francisco), the American Enterprise Institute (Washington, D.C.) and the Israel National Institute for Health Policy Research (Israel). His work has also been published in several academic journals including Economic Affairs, Pharmacoeconomics and Alimentary Pharmacology & Therapeutics. Dr. Skinner appears and is cited frequently as an expert in the Canadian, American, and global media. He has presented his research at conferences and events around the world, including testifying before the House of Commons Standing Committee on Health in Ottawa, and briefing bi-partisan Congressional policy staff at the U.S. Capitol in Washington, D.C.… Read more Read Less… -
Mark Rovere
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