Have you ever received a Brand Discount card for a Prescription Drug? Did you wonder why they might not be accepted at the Pharmacy?
The reason is the discount is only for the patient, the insurance company still has to pay the full cost of the Brand Name Prescription.
Benefits Canada has completed an article called; Brand discount cards increase costs to private insurers by 46% study. This defeats the purpose of a Brand Name Prescription not being covered unless a patient has had adverse reaction to a Generic Prescription.
To work with a Broker who understands the small print in your contract, contact Glendinning Insurance Services.