Pharmacists, ministers, discuss two-tier profit margin system

17-03-2006

Pharmacy owners meeting with Health Minister David Rath and Finance Minister Bohuslav Sobotka on Friday reached agreement on a changing the profit margin system for medicines along two-tier lines. Until now, pharmacies and distributors have enjoyed a 29-percent margin profit on all medicines. Under the proposed system, the margin for cheaper medicines would be raised to 33 percent, but more expensive medicines would see a drop to just 6 - 10 percent. The health minister has indicated that specialists will meet to further discuss the issue next week.