Submitting Price Changes for Generic Drugs
Submitting Price Decreases
Price decreases will be effective 30 days after the change has been accepted and announced through the monthly generic formulary update. This allows pharmacies time to clear the stock purchased at higher prices.
Submitting Price Increases
- The annual deadline for submissions is November 30.
- The price changes will come into effect on April 1 of the following year.
Acceptance of a price increase request is at the sole discretion of the province.
|Note: Price increases for 2018 will come into effect on May 1, 2018.|
Notification of Price Changes
Price decreases will be announced through the monthly generic formulary update.
All accepted price increase requests received prior to the deadline will be reflected on the LCA Master Spreadsheet published the following year on the LCA/RDP Data Files page. For 2018, price increases will come into effect May 1.
A supplier will be notified if their price increase request is denied.