Alberta government increases prescription costs for seniors
The Alberta government has announced the maximum prescription drug co-payment for Albertans with coverage for seniors and non-group coverage will increase for the first time in 31 years.
Officials say the change is meant to combat the rising costs of government drug coverage. As a result, the cost of providing coverage for seniors and non-group coverage to Albertans is increasing by nearly seven per cent annually.
In 2023-24, the government says the cost of these two programs was approximately $1.3 billion but officials note by 2026-27, it will increase by approximately $194 million.
To make sure the coverage is here to stay for years to come, the province says the maximum co-payment for a prescription will increase by a total of $10 over a 10-month period.

