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(June 20, 2018)
TORONTO, June 20, 2018 /CNW/ - The Canadian Life and Health Insurance Association (CLHIA) welcomes the announcement of the members of the Advisory Council on the Implementation of Pharmacare. The Advisory Council's work is important to ensuring that all Canadians have access to the affordable prescription medicines they need to keep them well.
"Canada's life and health insurers are ready to work with the Advisory Council as it develops options to ensure access to affordable prescription medicines for everyone," states Stephen Frank, President and CEO of CLHIA. "The Advisory Council's work is important to help improve our current system so that it works better for all Canadians. Smart reform will ensure that patients have access to the medicines they need at affordable prices, that strong workplace health benefit plans are protected, and that tax dollars are used wisely."
"We look forward to participating in the consultations that the Council will undertake and remain committed to doing our part to improve Canada's system," adds Mr. Frank.
About the CLHIA
The CLHIA is a voluntary association whose member companies account for 99% of Canada's life and health insurance business. The industry provides a wide range of financial security products such as life insurance, annuities (including RRSPs, RRIFs and pensions) and supplementary health insurance to more than 28 million Canadians. It also holds over $810 billion in assets in Canada and employs nearly 155,000 Canadians.
SOURCE Canadian Life and Health Insurance Association Inc.
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