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Access a curated library of reports, policy submissions, data insights, and other materials informing Canada’s life sciences ecosystem.

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2025 Cost drivers report

The private drug insurance market in Canada saw a 7.3% total cost growth in 2023-2024, primarily driven by increased utilization which accounted for 60% of total cost growth. The number of claimants rose by 3.5%, with claimants making
0.9% more claims.

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Private drug coverage

Cost drivers report 2023

Annual cost growth in Canada’s private drug benefit market is driven by increased utilization and chronic disease drugs, with an increase in claimants post‑pandemic.
Read the full report.

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Private drug coverage

Cost of a private drug plan claim

IMC contracted Reformulary Group to analyze the cost of a private plan prescription drug claim in Canada, and separately in Quebec. This report summarizes that analysis.

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Private drug coverage

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