Newsroom
The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3. These updates follow an annual review of pharmaceutical pricing conducted by the Ministry of Health, which aims to reflect market shifts and maintain a balanced healthcare system.
Under the current GHS structure, the least expensive medication in each category is fully reimbursed, requiring patients to pay only a standard €1 co-payment. For those who choose alternatives to the cheapest option, patients are required to pay the additional cost, referred to as Contribution II.
The annual review may result in some medications no longer being the least expensive in their category. This is often due to the introduction of new, more affordable options or price reductions on existing alternatives. As a result, patients may experience changes in the amount they need to pay for certain prescriptions.
The latest updates will affect the pricing of 371 medications out of the 2,160 available through the GHS. For some patients, this will mean lower costs, as 122 medications will see a decrease in Contribution II payments. However, the cost of 249 medications will increase, leading to higher out-of-pocket expenses for those prescriptions.
To help patients prepare for these changes, the HIO has published an updated list of medications and their revised prices on its official website. Patients are encouraged to review the list to understand how their prescription costs may be impacted. For those whose medications become more expensive, consulting with a doctor about switching to a cheaper alternative may be a practical option.
The annual pricing review is conducted by the Ministry of Health and adheres to European guidelines. The HIO administers the GHS and implements these updates but does not take part in setting medication prices. This process ensures that the system remains efficient, affordable, and aligned with broader healthcare standards.
Patients are encouraged to visit the GHS website for detailed information on the changes and to consult with healthcare professionals as needed. These adjustments reflect the ongoing commitment to balancing affordability and access to quality care across the healthcare system.
