Medicine pricing structures for comment

Comments to be in before April end…

Comments on amendments to the pharmacy dispensing fee regulations for medicine pricing under the “transparent pricing system for medicines and scheduled substances” were called for by the end of four weeks from  22 March 2013, according to a government gazette.

The proposed amended medicine pricing regulations in terms of the Medicines and Related Substances Act (1965)  state that where a single exit price (SEP) of a medicine or scheduled substance is less than R81 the dispensing fee shall not exceed R6.30 plus 46 percent of the SEP in respect of that medicine or scheduled substance.

All thresholds listed

The further thresholds listed are greater than or equal to R81 but less than R216, the dispensing fee shall not exceed R16 plus 33 percent; R216 onwards but less than R756 shall not exceed R52 plus 15 percent; and for greater than R756 the dispensing fee shall not exceed R123 plus 5 percent.

The regulations also stipulate that pharmacists dispensing a medicine must display a notices that tell the public of the maximum fee structures and provide an invoice for the sale of each medicine clearly indicating the dispensing fee charged and the mark-up.

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