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

@susmitchellsbp
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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago