Finance Minister and Deputy Prime Minister Chrystia Freeland said yesterday, Saturday, that the federal plan which will cover most medical contraceptives and diabetes medications in Canada is scheduled to be introduced soon.

The government introduced the Pharmacare Act last month, and Freeland said the first phase of its rollout will be included in the upcoming 2024 budget.

She confirmed in press statements that upon implementing the first phase, the federal government will cover medically prescribed contraceptives such as birth control pills, intrauterine hormonal devices (IUDs), contraceptive injections, and implants, which currently cost between 150 to 300 dollars annually in Canada. There are currently more than 9 million Canadians of reproductive age, during which contraceptives are commonly used.

According to a press release from the Ministry of Finance, current healthcare spending in the provinces and territories is expected to be enhanced to cover full costs.

Freeland also said: "Women must have autonomy in making their own choices regarding their health and bodies."

She added: “Our plan essentially is to make common contraceptives free.”

Additionally, the comprehensive health coverage will extend to diabetes medications and over-the-counter emergency contraceptives.

Diabetes medications to be covered include insulin, metformin, sulfonylureas, and 2-SGLT inhibitors, which can cost up to 1700 dollars annually.

Freeland did not give a date when asked about when healthcare coverage for these medications will begin, but she said she hopes the federal government can work with the provinces to achieve this.

She said: "We want Canadians to have a good life, to be able to afford a good life with their full human rights and to enjoy them."

Freeland did not provide an estimate when asked about the program's cost, adding that more details will be revealed as the plan begins to be implemented.