Generic drugs to be 100% free for seniors

Delivering the speech on behalf of Government, Governor George Fergusson said: “Government proposes to improve its health insurance products.

“HIP and FutureCare have been tremendously successful. As a result, the Ministry of Health will take the necessary steps to add a prescription drug benefit for FutureCare to allow 100 per cent of the cost of generic drugs to be covered.”

Branded drugs will continue to be funded at the current level of 80 per cent of cost and the annual $2,000 limit will also be maintained.

The Governor added: “For HIP and FutureCare policyholders who are also on financial assistance, the full cost of general practitioner visits will be paid, replacing the current co-pay requirement for the policy holder.”