This page provides information to Canadians about fees and premiums related
to health insurance.
90% of Canadians have some form of drug plan coverage. However, most
must pay a deductible or premium to ensure coverage.
Paying the Deductible
The deductible is a fixed amount that constitutes the first portion of
the drug costs. In most cases, you must pay the deductible in full when
making your first purchase of prescription drugs during the month.
Paying the Premium
You must pay the premium annually, when you file your income tax return,
regardless of whether you purchased prescription drugs during the year
or not. Your provincial government is responsible for collecting the premium.
The amount of your premium is determined on the basis of your income and
your personal or family situation.
In some provinces, fees, premiums, or deductibles paid under the prescription
drug coverage plan are eligible for a tax credit. Contact a representative
of your provincial government for details on if and how you can claim
your prescription drug purchases.
It is for these various reasons that it is important to remain aware
of the provincial and federal policies. Staying up-to-date with the policies
and requirements of various reimbursement schemes can be challenging,
but is necessary.
It is essential to remain up-to-date with your provincial government’s
policies, deductible fees, and reimbursement schemes.
There is a comprehensive
reference guide available to those who wish to remain aware of these
policies. The report provides detailed information on the policies and
procedures of the ten provincial prescription drug programs and includes
separate chapters on four federal drug programs. To order, click on the