Update on Québec's Economic and Financial Situation slide image

Update on Québec's Economic and Financial Situation

INFORMATION BULLETIN November 7, 2023 3. ADJUSTMENT OF THE EXEMPTIONS ALLOWED FOR THE PURPOSE OF CALCULATING THE PREMIUM PAYABLE UNDER THE PUBLIC PRESCRIPTION DRUG INSURANCE PLAN 2023-6 The basic prescription drug insurance plan established by the Québec government guarantees all Quebecers fair access to the medications required by their state of health. Coverage under this plan is provided either by the Régie de l'assurance maladie du Québec (RAMQ), as the administrator of the Public Prescription Drug Insurance Plan (PPDIP), or by insurers transacting group insurance or by administrators of private-sector employee benefit plans. As a general rule, the RAMQ provides, on the one hand, coverage for individuals who are not required to become members of a group insurance contract, an individual insurance contract concluded on the basis of one or more of the distinctive characteristics of group insurance, 20 or an employee benefit plan applicable to a determined group of persons and, on the other hand, coverage for those persons whom no one is required to cover. Adults registered with the RAMQ must make a contribution towards the payment of the cost of pharmaceutical services and drugs supplied to them whenever a prescription is filled or renewed. This contribution, which may not exceed a maximum amount, consists of a deductible amount21 and a coinsurance payment.22 However, adults whose income consists essentially of social assistance benefits based on an examination of resources, needs or income are exempted from the payment of any contribution. This exemption, which targets the most disadvantaged persons, is geared more specifically to certain persons eligible for a financial assistance program stipulated in the Individual and Family Insurance Act, 23 as well as persons aged 65 or over receiving 94% or more of the maximum amount of the monthly Guaranteed Income Supplement under the Old Age Security Act24 determined without taking into account the amount that may be added to the amount of the supplement since July 2011. Adults who are not covered throughout a year by a group insurance contract, an individual insurance contract concluded on the basis of one or more of the distinctive characteristics of group insurance or by an employee benefit plan applicable to a determined group of persons must generally pay a premium for that year to finance the PPDIP. For information purposes, for the 2023 calendar year, the maximum premium payable is $720.50 per adult. However, most adults who are exempted from the payment of any contribution for the cost of the pharmaceutical services and drugs provided to them under the PPDIP are also exempted from payment of the premium. 20 21 22 The individual insurance contract must be covered by section 42.2 of the Act respecting prescription drug insurance (CQLR, chapter A-29.01). The deductible amount is the portion of the cost of pharmaceutical services and prescription drugs borne entirely by the person covered by the plan during the reference period. Since July 1, 2023, the deductible amount is $275 per year, divided into equal monthly amounts. The coinsurance payment is the portion of the cost of pharmaceutical services and medications borne by the person covered by the plan until the maximum contribution is reached. Since July 1, 2023, the coinsurance percentage is 33%. 23 CQLR, chapter A-13.1.1. 24 R.S.C. 1985, c. O-9. 12
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