January 1, 2006 saw the launch of the new Medicare Prescription Drug benefit (part D). While this new benefit provides some relief, it falls well short of any meaningful solution for the rising cost of our prescription medications. For the majority of seniors, once you consider the Deductible, Insurance Premiums, Co-Payments and the infamous "Doughnut Hole", it becomes quite clear that the average senior citizens will continue to have an unacceptably high amount of out-of-pocket expenses for the foreseeable future.

For years, people have saved a lot of money buying their medications from other countries and still today, even with the new Medicare benefit, people are saving 30 to 60% by buying their medications from countries like Canada and India.

Here is an illustration to demonstrate the savings:

One of our customers, John, came to us needing help. In 2005, he spent $4,800 on his medications ($400 per month). In 2006, under the new Medicare Part D benefit, his out-of-pocket expenses are expected to be the following:

In 2005, John spent $4,800. Under Medicare Part D, John is expected to spend $3,720 in 2006. So Medicare Part D will save John 22.5% over what he spent in 2005. However, when John came to Global Pharmacy Canada, with our prices, his medications would cost $1,600 per year. That's a whopping $2,120 or 57% savings over and above the Medicare benefit. Needless to say, John is ordering his medications through us and is putting over $2,000 back into his pocket. What could you do if you had an extra $2,000 in your wallet?