News Video | Policy | GPs | Hospitals | Medical | Mental Health | Welfare | Search


Drug Prices Down For Patients

New Zealanders will find a range of prescription drugs costing them less as a result of the latest tender round announced by PHARMAC today.

PHARMAC CEO Wayne McNee says so far this year tenders have been awarded on more than 70 pharmaceuticals, involving 39 chemicals and will bring estimated savings of $22.5 million over three years.

“A very positive outcome of these tender results is that 25 chemicals that previously had a manufacturers surcharge (part charge) will now be fully subsidised for the next three years.”

Some of the key results of the tender are a contraceptive injection which now becomes fully subsidised as well as three antibiotics, in particular one liquid for children.

Wayne McNee says PHARMAC is particularly pleased that a tender agreement has ensured that two pharmaceuticals used for the treatment of high blood pressure and congestive heart failure will remain fully subsidised for the next three years. The drugs are ACE Inhibitors enalapril and captopril.

He says that some New Zealanders taking ACE Inhibitors may notice that the drugs they are prescribed look a little different due to a change in brand.

“The same chemicals will be available but they might have different names. A doctor can prescribe by chemical name to ensure the patient receives their prescription fully funded.”

Wayne McNee says the cost savings achieved by PHARMAC for these drugs is a real success story for the taxpayer and the health system. It allows the savings made to be redistributed for the funding of other pharmaceuticals.

“One ACE Inhibitor, enalapril, will now cost 4 cents a day compared to the 90 cents a day it cost taxpayers just three years ago. ACE inhibitors used to cost the New Zealand taxpayer $70 million market – and that will drop to $7 million, even though the number of patients being treated has risen and is expected to continue to do so.”

Wayne McNee says these savings allow more spending on other drugs such as cholesterol lowering medication as well as other health care.

“PHARMAC is doing its job. It is making funds available for the health sector at the same time as ensuring New Zealanders continue to have access to the best possible range of drugs.”


© Scoop Media

Culture Headlines | Health Headlines | Education Headlines


Scoop Review Of Books: Almost Getting Away With Murder

The Black Widow by Lee-Anne Cartier: Lee-Anne Cartier is the sister of the Christchurch man found to have been murdered by his wife, Helen Milner, after an initial assumption by police that his death, in 2009, was suicide. More>>

Howard Davis: Triple Echo - The Malevich/Reinhardt/Hotere Nexus

Howard Davis: The current juxtaposition of works by Ralph Hotere and Ad Reinhardt at Te Papa perfectly exemplifies Jean Michel Massing's preoccupation with the transmigration of imagery in a remarkable triple echo effect... More>>

Scoop Review Of Books: Nō Tāu Manawa

Vaughan Rapatahana responds to Fale Aitu | Spirit House by Tusiata Avi.

9 Golds - 21 Medals: NZ Team Celebrates As Rio 2016 Paralympic Games Close

The entire New Zealand Paralympic Team, led by kiwi sprinter and double gold medallist Liam Malone as flag bearer, are on the bus to the Maracanã Stadium in Rio de Janeiro for the Closing Ceremony of the Rio 2016 Paralympic Games. There, they will celebrate the fantastic successes of the past 10 days. More>>


New Zealand Improv Festival: The Festival Of Moments To Return To The Capital

The eighth incarnation of the New Zealand Improv Festival comes to BATS Theatre this 4-8 October , with a stellar line-up of spontaneous theatre and instant comedy performed and directed by top improvisors from around New Zealand and the world. More>>


CDF Tim Keating: NZ Somme Centenary

"Our generals also knew what to expect, and they built that knowledge into their planning. Each of the four set-piece attacks was fought with a single brigade, with the expectation that the brigade would be used up. A fresh brigade would then be brought up to conduct the next set-piece..." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news