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Price hike overdue, says Pharmacy Guild

Monday 14 May 2012 8:39p.m.

Price hike overdue, says Pharmacy Guild

The Pharmacy Guild believes an increase in prescription fees is well overdue.

The Ministry of Health today revealed that next week's budget will see the charges rise from $3 to $5 an item.

The chief executive of the Pharmacy Guild, Karen Crisp, says it's the first price hike in 20 years and she's fully supportive of it.

“You can barely get a cup of coffee for $5 these days,” she says.

“I certainly think that medicines are a very, very valuable things for patients.”

The savings from the prescription changes will amount to $20 million in the first year and $40 million in subsequent year.

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