Price changes to Formulary drugs

Before submitting a price change for a brand name or generic drug, manufacturers should consider the following:

• The New Brunswick Drug Plans cannot accept a submitted unit price higher than the listed unit price in any other jurisdiction in Canada for products listed on the Maximum Allowable Price (MAP) (PDF 661 KB) list
• The New Brunswick Drug Plans cannot accept a price increase higher than the Consumer Price Index (CPI) Based Adjustment factor for patented drug increases
• Only products already listed on the New Brunswick Drug Plans Formulary will be reviewed

To submit a price change request, a completed Price Change Request form (Excel 44 KB) must be sent to [email protected]. Please include “Price Change Request” at the beginning of the email subject line. Do not copy any NB Drug Plans officials or staff. 

Manufacturers will be sent an email confirming receipt of request.

Submitting price increases

The annual deadline for price increase submissions is January 31. Accepted price increases will be effective April 1. Products submitted but not accepted for a price increase on April 1 will be automatically reassessed for an implementation date of July 1. 

Submissions received after January 31 and mid-cycle updates will not be considered. Decisions on acceptance of price increases will be sent to manufacturers prior to the effective date.

Submitting price decreases

Price decreases may be submitted throughout the year.

Requests for price changes must be made directly to the pan-Canadian Pricing Alliance (pCPA) through the centralized price change process. The centralized price change process uses a single form that is submitted to the pCPA. Do not copy any New Brunswick Drug Plans officials or staff. Submissions received directly to the New Brunswick Drug Plans will not be considered. 

Submitting price increases

The annual deadline for price increase submissions is December 31. Accepted price increases will be effective April 1 of the following year. Products submitted but not accepted for a price increase on April 1 will be automatically reassessed for an implementation date of July 1.

Approval of a price increase is at the sole discretion of the province. Decisions on acceptance of price increases will be sent to manufacturers prior to the effective date.

Submitting price decreases

Price decreases may be submitted throughout the year.