Government allows change in the price of medicines by up to 5,21%

During this pandemic, people needed to redouble attention with their health. Therefore, it is important that those undergoing treatment are able to acquire the necessary medicines. However, in addition to Brazilians going through a financial crisis, they will also have to deal with the increase in the price of all medicines. This is because the government authorized the annual readjustment of 5.21% in the medicine prices.

This decision was published in the extra edition of the Official Gazette last Monday (1st). It is important to mention that, thanks to an agreement with the pharmaceutical industry, President Bolsonaro had postponed the increase in drug prices for 60 days in March. He did this in view of the crisis caused by the new coronavirus pandemic.

According to the Medicines Market Regulation Chamber, before the agreement is reached, the average price adjustment would be around 4% and would take effect on April 1st. The government arranged the postponement with the Association of National Pharmaceutical Laboratories. At the time, the entity's president, Henrique Tada, said that the pharmaceutical industry would absorb the change. According to him, the measure was important during this crisis.

More information on drug price increases

This Tuesday (2), the Union of the Pharmaceutical Industry gave its opinion on the increase in drug prices. According to him, the enhancement is absolutely necessary. This is because it makes pharmaceutical operations possible in the country. With that in mind, the entity declared that only by increasing prices will it be possible to guarantee the supply of medicines to the population.

Sindusfarma also stated that the readjustment will be necessary to replace part of the increase in costs accumulated last year and in this pandemic period. According to the union, the dollar rose by more than 30% when considering the exchange rate of that currency between March 2019 and May of this year.

Final considerations

Having said that, we News Report we hope to have clarified the main information regarding the increase in the price of medicines in the country. Comment what you thought about the increase in medication prices. Also tell us if you think the Brazilian population is prepared for this change.

Furthermore, we invite you to continue reading the texts on our website! This is because, in addition to informing you about news in the medicine prices, we will also let you know about the economy of the country in general.

Source: G1