Ontario Drug Program Estimates
2005/06 vs. 2006/07
2005/06: What we projected to spend (15% growth) |
|
|
$2.949 billion |
2005/06: What we actually spent (approx. 10% growth) |
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|
$2.765 billion (interim) |
More drugs this year (10% growth) |
|
+ |
$ 276 million |
Total drug spending before efficiency gains |
|
= |
$3.041 billion |
Savings from proposed Drug System Strategy
- Better management of drug distribution
- Better management of Formulary listings
- Better value for government expenditures
(includes drug listing agreements and better use of drugs)
- Federal shared payer model
|
-
-
-
- |
$53.5 million
$62.5 million
$106 million
$67 million
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|
Total projected efficiency gains for re-investment |
|
- |
$ 289 million |
2006/07 MOHLTC Spending Projection (Printed Estimates) |
|
= |
$2.752 billion |
MOHLTC Drug Program Expenditures, 1995/96 to 2009/10
Fiscal Year |
Program Expenditures (in Billions) |
Percentage (%) Increase |
1995-1996 |
$1.03 |
- |
1996-1997 |
$1.00 |
(3.3%) |
1997-1998 |
$1.08 |
7.8% |
1998-1999 |
$1.20 |
11.0% |
1999-2000 |
$1.35 |
12.6% |
2000-2001 |
$1.57 |
16.4% |
2001-2002 |
$1.80 |
14.6% |
2002-2003 |
$2.06 |
14.6% |
2003-2004 |
$2.31 |
12.4% |
2004-2005 |
$2.54 |
10.0% |
2005-2006 (Interim) |
$2.77 |
8.7% |
2006-2007 (Estimates) |
$2.75 |
(0.5%) |
2007-2008 (Projected) |
$2.98 |
8.2% |
2008-2009 (Projected) |
$3.31 |
11.2% |
2009-2010 (Projected) |
$3.68 |
11.1% |
Please note : Ministry of Community and Social Services Drug Program Expenditures are not reflected in the above figures. Figures also do not include program administration.
For further information :
Members of the media :
David Spencer, (416) 327-4320
Minister's Office
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John Letherby, (416) 314-6197
Ministry of Health and Long-Term Care
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Members of the general public :
(416) 327-4327, or (800) 268-1154
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