Additional agreement will improve access and affordability of drugs for rare diseases
March 7, 2025 | Charlottetown, PEI | Health Canada
No one should have to choose between paying for prescription drugs and putting food on the table. That’s why the Government of Canada is taking action so Canadians can get the medication they need, regardless of their ability to pay.
Today, the Honourable Mark Holland, Canada’s Minister of Health and the Honourable Mark McLane, Minister of Health and Wellness for Prince Edward Island (PEI) announced a $40 million federal investment as part of two bilateral agreements to improve access to medications for Islanders.
Through the national pharmacare agreement, the Government of Canada will provide more than $30 million over four years for universal coverage to a range of contraceptives and diabetes medications for PEI residents, at little to no direct cost to them. The funding from this agreement will also improve access to diabetes devices and supplies.
This will support the reproductive freedom of over 41,000 Islanders and make sure that over 16,000 Islanders with diabetes can access essential medications to reduce their risk of serious health complications and improve their quality of life.
PEI residents can anticipate beginning to receive coverage for these products on May 1, 2025.
In addition, the Government of Canada will provide over $10 million to improve access to drugs for rare diseases, early diagnosis, and screening, to support the province in providing access under the National Strategy for Drugs for Rare Diseases.
Through this agreement, PEI will also work with Canada and other provinces and territories to develop and implement a plan for improved screening and diagnostics for rare diseases.
This is yet another important step forward to improve health equity, affordability and health outcomes for Canadians. The Government of Canada will continue working with PTs, Indigenous Peoples, partners and stakeholders to make sure every Canadian has access to the essential medications and medical devices they need.