Wednesday April 1, 2020

Pharmacists make huge profits from state drug scheme

Pharmacists get massive discounts from drug firms, state paying inflated prices for generics, and drugs are 18 times more expensive here than in the North, writes Susan Mitchell.

Susan Mitchell

Deputy Editor and Health Editor

17th March, 2013

Pharmacists are pocketing huge profits on drugs for medical card patients at the expense of the state, *The Sunday Business Post* can reveal.

Confidential documents reveal that the Health Service Executive (HSE) reimburses pharmacists up to ten times more than pharmacists actually pay for the drugs.

The documents, seen by this newspaper, show drug companies giving pharmacists under-the-table reductions of up to 90 per cent on the price which the HSE reimburses pharmacists for generic...

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