Table 1:

Financing of prescription drugs with and without universal pharmacare in 2020^*

Total expenditure	Without pharmacare, $ billions	With pharmacare, $ billions	Change
Drugs on the national formulary
Paid through taxes	13.5	23.2	9.7
Paid directly and through private insurance premiums	14.3	0.5	−13.9
Subtotal: drugs on national formulary	27.9	23.7	−4.2
Drugs not on the national formulary
Paid through taxes	1.4	1.4	0.0
Paid directly and through private insurance premiums	3.2	3.2	0.0
Subtotal: drugs not on national formulary	4.6	4.6	0.0
Grand total	32.5	28.3	−4.2

^*Authors’ calculations based on estimates of the Parliamentary Budget Officer.¹²