Activation Of Biosimilar Drugs And Spring Wellness

Ontario has approved the usage of Biosimilars.  The conversation on Biosimilar drugs has been a prominent one in the healthcare space and is one that is very important to Employers and their Employees. It is important to note that the new policy will come into effect, and Biosimilar drugs can be officially used in the public health system as of March 31st, 2023.

If you are unaware: “Biosimilars are biologic drugs that enter the market after the patents or data protection rights for the originator biologic expire, have similar effectiveness, safety, and quality as the originator biologic and have been approved for use in Canada by Health Canada.”

The goal of the policy is to increase the use of cost-effective biosimilars, which can help to reduce healthcare costs while maintaining high standards of safety and efficacy.

Major highlights:

1) This requires patients currently taking certain biological drugs to switch to a biosimilar version within a designated time frame.

2) The policy will be implemented gradually over the next several years, with a focus on ensuring patient safety.

3) The article also provides information on the specific drugs that will be affected by the policy, as well as resources for patients and healthcare providers who have questions or concerns about the transition to biosimilars.

This is beneficial for the industry, as it will allow corporations to invest elsewhere in health, as medications will begin costing less to produce.

The health industry is constantly advancing, and the care available is improving. Speak with us today and provide benefits packages for your employees, so they can always access top-notch treatments.

READ MORE ON ONTARIO’S BIOSIMILAR DRUG POLICY HERE

Spring is a wonderful time to re-evaluate your wellness. A great way to do that is to take a look at our nutrition. March is celebrated as National Nutrition Month, and this year’s theme was Fuel For The Future!

Eating with sustainability in mind is a tasty way to nourish ourselves during every phase of life, protect the environment, and power our brains through the workday!What can you do this Nutrition Month for your employees?1) Provide fresh snacks in the office such as fruit and whole grains, so employees eat less processed food during the day.2) Encourage community amongst employees and have additional communication channels where they can share non-work related things like recipes they love!3) Make your employees aware of the value of nutrition in relation to productivity4) Provide benefits for your employees, so they are not as financially burdened and can put those funds towards eating fresh, healthy and sustainable food.Work with us, and you will not only receive benefits packages for your employees but will also receive counsel on how to keep them healthy. 

 

To get customized or traditional health benefit plans for your employees, contact one of our Experts today!
Phone: 416 270 5398
Email: [email protected]