iAtoday
Quebec’s public prescription drug insurance plan | 2024 contribution requirements
Group Insurance July 18, 2024Please note that the new contribution requirements for the Quebec Public Prescription Drug Insurance Plan are effective as of July 1, 2024. Thus, drug claims are now adjudicated based on the new requirements.
| Before July 1, 2024 | Since July 1, 2024 | |
| Monthly deductible | $22.90 | $22 |
| Coinsurance | 33% | 32% |
| Maximum annual out-of-pocket* | $1,196 | $1,196 |
| Maximum annual premium | $731 | $744 |
* The maximum will be $674 for those aged 65 and over who receive the Guaranteed Income Supplement (GIS) at a rate of 1 to 93%.
We will be sending out a communiqué to group insurance plan administrators on July 22.
See the French version of the communiqué.
Also in this issue
- Group FHSA | A new product to help our clients access home ownership
- Two new Account Executives join the iA family
- Plan members can win with My Client Space and iA Mobile!
- Podcast | The financial challenges of immigration
- Investing beyond returns
- Retirement savings in Quebec | More flexibility for those aged 55 and older
- Customer service | Invested in your satisfaction
- Drug insurance | WEGOVY coverage
- Insurance card at the pharmacy | Communication campaign