BILL NO. 72
(as introduced)
2nd Session, 62nd General Assembly
Nova Scotia
64 Elizabeth II, 2015
Fair Drug Pricing Act
(amended)
The Honourable Maureen MacDonald
Halifax Needham
First Reading: March 27, 2015
Second Reading:
Third Reading:
Explanatory Note
(a) enshrines the Seniors' Pharmacare Program in the Fair Drug Pricing Act;
(b) enshrines a cost-share ratio range for the funding of the Seniors' Pharmacare Program; and
(c) requires that surplus funding be invested in health initiatives that benefit senior citizens.
An Act to Amend Chapter 7
of the Acts of 2011,
the Fair Drug Pricing Act
Be it enacted by the Governor and Assembly as follows:
1 Chapter 7 of the Acts of 2011, the Fair Drug Pricing Act, is amended by adding immediately after Section 3 the following Section:
(2) The aggregate amount of all copayments and premiums paid under the Program during any fiscal year of the Program must be at least twenty-two per cent, but must not exceed twenty-eight per cent, of the budgeted total cost of the Program for the fiscal year.
(3) Where, for any fiscal year of the Seniors' Pharmacare Program, the aggregate amount of the money appropriated by the Legislature for the Program and all copayments and premiums paid under the Program exceeds the cost of the Program, the Minister shall invest the surplus in health programs and initiatives that benefit residents of the Province who are sixty-five years of age or older.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2015 Crown in right of Nova Scotia. Created March 27, 2015. Send comments to legc.office@novascotia.ca.
