Here's why you still pay more for medicine in local chemists
SEE ALSO :Elderly cry foul over invalid NHIF cardsHe said for the last seven years, the insurance industry had been making losses in medical covers. Structural change “We need structural change. Generics can reduce the cost of pharmaceuticals by 50 per cent, and insurance companies can reduce the cost of their premiums,” said Kipng’etich during the second edition of the annual Transform Kenya event organised by The Standard. Stressing that the major challenge in the pharmaceutical industry was corruption, he said without fully adopting generics, the country’s goal to attain Universal Health Coverage (UHC) would be jeopardised. Generic medicines are replicas of the original drugs, with the same active ingredients and usually manufactured with permission from the original producer.
SEE ALSO :Hospital gets modern morgueAccording to a report by the Ethics and Anti-Corruption Commission (EACC) released in August 2018, bacterial infection treatment kits that goes for Sh840 apiece at the Kenya Medical Supplies Authority (Kemsa) was selling at Sh1,300 at Coast General Hospital and Sh2,400 at Nakuru Referral Hospital. In some cases, EACC found that a drug that cost Sh700 at Kemsa sold at Sh35,000. Benefits package Health Cabinet Secretary Sicily Kariuki said part of the responsibility the UHC team of 17 mandated to come up with a benefits package included coming up with affordable pricing of health services. “One thing we have to be clear with pharmacists, the 400 per cent is not acceptable,” said the CS.