Motsoaledi announces maximum increase in medicines single exit prices
The maximum increase in the single exit price for medicines and scheduled substances will be 7.5%, says Health Minister Aaron Motsoaledi
Health Minister Aaron Motsoaledi has announced a maximum 7.5% increase in the single exit price for medicines and scheduled substances. In the Government Gazette on Friday, the minister said the single exit price could be submitted only from January 6 and no later than March 6. It could be no higher than 7.5% of the single exit price that prevailed on December 21. The final date for resubmissions will be March 20. "All medicines and their related pack sizes approved with an effective date after December 21 2016 are not eligible for the single exit price for Medicines 2017. An applicant may only submit once in the 2017 cycle unless a resubmission is made for not-approved medicines," the minister’s notice said. Motsoaledi also announced new dispensing fees for medicines and scheduled substances. The dispensing fee for medicines and scheduled substances which have a single exit price of less than R117 (exclusive of VAT) must not exceed 30% of the single exit price. If higher than R117,...
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