News

News

Joint Statement by NIB and The Bahamas Pharmaceutical Association

5/12/2010 6:05:32 AM
The National Insurance Board and The Bahamas Pharmaceutical Association announced on Thursday that they are working together to successfully launch the National Prescription Drug Plan (NPDP) in August of this year.

Both organizations said their single focus is to support the implementation of the plan which will ensure increased access to prescription medication for the treatment of eleven chronic diseases in Phase I of NPDP. In view of this resolve and the desire of both parties to contribute to instituting the Plan in its best possible form, NIB and the BPA have agreed that neither party will make any additional public statements regarding their discussions towards this goal.

Algernon Cargill, Director of NIB said “We do understand that there may be differences between NIB’s proposal and what the BPA and its members may want to see. NIB is working within a set of approved parameters that we believe provides for a fair and reasonable return, given all of the circumstances, to maximize the participation of local pharmacies. We have consulted widely with the BPA and other key stakeholders to ensure that the approved Plan will provide significant relief to Bahamians suffering from one or more of the 11 chronic diseases identified by NIB in the first phase of the Plan. The feedback we have received from registered beneficiaries and the general public is that NPDP is revolutionary and will increase their access to prescription medication and enable them to better manage their chronic conditions. We believe that at the end of the day, the NPDP that is being introduced will be successful and will be a wonderful business opportunity for the participating pharmacies that choose to join the Plan.”

Dr. Marvin Smith, President of the BPA said the intent of the BPA has always been to partner with the government to ensure a viable, sustainable plan for the Bahamian people.

“Pharmacists are a key part of the healthcare system and the BPA assures the public that our members view the access to healthcare as a fundamental right of every Bahamian. It is the intention of the BPA to continue to work with NIB to produce a programme that will benefit everyone it serves. We will do all we can to ensure that the Drug Plan and the private pharmacy sector can both be sustained, and that this Plan can provide benefit to our people for generations to come. We do this in the spirit of cooperation,” Dr. Smith said.
Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
Town Meeting - Gray's Long Island
Town Meeting - Gray's Long Island
11/8/2019 3:38:33 PM
The National Insurance will hold a Town Meeting on Wednesday November 13, 2019...READ MORE...
Power Breakfast NIB and BCCEC
Power Breakfast NIB and BCCEC
11/8/2019 12:11:25 PM
The Bahamas Chamber of Commerce and The National Insurance present...
Marsh Habour Office Re-opens
Marsh Habour Office Re-opens
11/4/2019 4:27:39 PM
The National Insurance Board Wishes to advise the public that our Marsh Habour office has re-opened for business.
NIB Pilots Online Portal for Employers
On October 7 of this year, the National Insurance Board (NIB) celebrated 45 years of social security administration in The Bahamas.Throughout its history, the Board has improved its service delivery by introducing innovative and convenient products and services to thousands of workers and employers who participate in the social security programme.
Abaco Office Reopen
Abaco Office Reopen
10/28/2019 2:38:22 PM
The National Insurance Board is please to announce that our Abaco office is open to the public for half days until our systems are fully restored.
The National Insurance Board Continuing to Work with Staff Union While Improving Efficiency and Managing Administrative Costs
The National Insurance Board Continuing to Work with Staff Union While Improving Efficiency and Managing Administrative Costs The National Insurance Board continues to cooperate in good faith with its staff union, the Union of Public Officers (UPO), to assist the Ministry of the Public Service and National Insurance to conclude negotiations on the new Industrial Agreement in an environment where the Board has to improve its efficiency targets and better manage administrative costs.