NDP unveils universal pharmacare plan, aims program delivery by the end of 2020

The NDP is promising to bring in a universal and comprehensive national pharmacare program targeted to begin in 2020 if the party wins the next federal election.

NDP Leader Jagmeet Singh announced details of the pharmacare plan today with health critic Don Davies at an event in Coquitlam, B.C.

The party says the plan would see every Canadian covered for a list of prescription drugs determined by an arms-length group of experts that it says would be protected from industry and political pressure.

The party says the plan would save families who don't currently have private drug coverage an average $550 per year and it would save employers about $600 per employee with extended health benefits

The legislation would be modeled on the Canada Health Act and provide an annual pharmacare transfer to the provinces and territories, with provinces paying about 60 per cent of the total cost and the federal government providing the remaining 40 per cent.

Davies, who represents Vancouver Kingsway, says the cost to provinces will be about the same as they are paying now.