01/11/2013

New Cheaper Drug Prices Introduced

The government plan to replace branded drugs prescribed to patients with cheaper generic alternatives comes into force today.

Commonly prescribed drugs will be now be cheaper for both patients who buy them at pharmacies and the Health Service Executive, who buy them on behalf of people with medical cards.

The plan was introduced in an effort to reduce the State drug bill from almost €2 billion a year.

New referencer prices will see the HSE save some 70% on drugs, campared to prices in May 2013, Minister for Health James Reilly has said.

(MH/CD)

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