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CLHIA launches drug pooling agreement

Agreement benefits group benefit plans

Les Herr CEO of Empire Life explains this giant step forward.

Agreement for Group Benefit Plans

The Canadian life and health insurance industry announced an industry-wide drug pooling agreement to help mitigate the impact of high drug costs on fully insured plans; the agreement ensures the long-term sustainability of group drug plans in the face of increasing costs of high-cost catastrophic drugs.

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