In: Economics
Sample questions for Econ 3308-W 2020
From the above passage we can infer solutions to the questions:
a. The timeline set by the advisory council for implementation of these schemes are after the publishing of their final findings that is after June 2019. Optimistically evaluating, these schemes should be for public use by mid of 2020.
The recommendations for the National Formulary are:
b. The 3 recommendations which I felt the most vital are listed:
I have referred to online resources to list out these recommendations. In case you are interested in reading all the recommendations, refer to the URL below
https://www.canada.ca/en/health-canada/corporate/about-health-canada/public-engagement/external-advisory-bodies/implementation-national-pharmacare/final-report.html#5.4
The first recommendation draws in the need to educate the patients with regards to pharmaceutical treatment choices available to them so that they are catered with the best service possible, and they actually know about it.
The second recommendation tries to implement payment regulations for obvious reasons like maintaining transparency and protect the consumers against hefty pricing.
The third recommendation urges the federal government to provide a good funding to the territories so that latter is not stranded to cover the excessive costs incurred.
c. My main criteria for choosing these 3 is very simple: the urgency. Yes, how urgently these recommendations are to be implemented by the Drug Council. If you observe my solution in the previous section, you will get to know the urgency I have stressed upon.
d. The report is too brief. It could have positively contained some of the vital recomendations I have mentioned to give an intuitive overview of the urgency to set up National Pharmacare, and how these recommendations protects the citizens' rights on the long run in the purview of healthcare.
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