- 60% of the Canadians on prescription medications are unhappy with their treatment plan.
- Drug-related negative side effects hospitalize 33,500 Canadians annually, with 1,400 of these cases leading to death.
- Canada spends $35 billion on prescription medications every year with 41% of Canadians currently on prescription drugs and at least 25% on two or more drugs.
- According to Statistics Canada and the Conference Board of Canada, full-time employees are absent from work 9.3 days per year on average, each, costing the Canadian economy an astounding $16 billion (estimated) annually!
- Studies have shown that presenteeism can cost a company 7.5 times more than absenteeism, while disability can cost Canadian companies as much as 4% of payroll
- Studies show employees on high risk medications have 69% more healthcare visits, 3 times more sick days and 4 times more disability claims
Estimated Savings by using P3 Services (without considering absenteeism & other healthcare costs)
- Abilify (anti-depressant) – up to $250 per employee/ month
- Doxepin (anti-depressant) – up to $540 per employee/ month
- Capecitabine (chemotherapy) – up to $950 per employee/ month
- VFEND (anti-fungal) – up to $3,000 per employee for 30 days
1. Statistics Canada, Catalogue no. 82-003-X • Health Reports, Vol. 25, no. 6, pp. 3-9, June 2014 Prescription medication use by Canadians aged 6 to 79 • Health Matters
2. Canadian Institute for Health Information. Prescribed Drug Spending in Canada, 2017: A Focus on Public Drug Programs. Ottawa, ON: CIHI; 2017.