ADOPTED NEW RULES: SOON expensive medicine!

The Agency for Medicines and Medical Devices BiH sent yesterday to the Federal Ministry of Health and the Ministry of Health and Social Protection of the Republic of Serbian revised Regulations on the maximum prices of medicines, which will, after its entry into force, the price of drugs in our country to be lower by ten percent or more.

The final betting

A new book, which has suffered some changes and where intensive work was done a few months, the relevant ministries should declare to Thursday, 20 October. For then the planned meeting of the Expert Council of the Agency for Medicines and Medical Devices of Bosnia and Herzegovina, which will give its final decision before the ordinance adopted by the Council of Ministers.As we were told, the Council of Ministers in July is supposed to declare the ordinance, but that did not happen because it is waiting for the opinion of the Expert Council, which previously must give a consistent view.

If the Expert Council on Thursday that the green light, BiH will get regulation on drug prices after eight years, due to the fact that on hold since 2008. What is good news for citizens, who on medications annually spend about half a billion KM, last year's turnover, is that the drugs will be much cheaper.

millions savings

It is, in fact, the generic drugs, which BiH. market covering 80 percent. - Regulation is necessary and indispensable to the price of drugs on the market of Bosnia and Herzegovina were regulated. Currently on the market of Bosnia and Herzegovina there are no regulated maximum wholesale prices of medicines which would be respected all wholesalers and with such prices applied to health insurance funds. In this way, the current price is dictated by the industry, not the state itself - explain to us Expert Council of the Agency for Medicines.By adopting the new regulations on the reference prices of medicines, the annual savings will reach a up to 100 million.

VAT on medicines in BiH 17, Slovenia 8.5, 8 Serbia, Croatia 5 percent

Prices of medicines new regulations reference will be like in Croatia, Slovenia and Serbia. Bh. citizens for years have paid more expensive drugs than patients from neighboring countries. The VAT in BiH on all types of goods, including the medicines, calculated at the rate of 17 percent, while in Serbia drugs are taxed at a rate of eight, five in Croatia and in Slovenia by 8.5 percent.The Agency stated that the majority of drugs in BiH maximum wholesale price shall not be higher than 90 percent of the average cost of medicine in Slovenia, Croatia and Serbia.