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Swiss government cuts drug prices by 100 million francs

© Tero Vesalainen Dreamstime.com

Switzerland’s Federal Office of Public Health (FOPH) recently announced it had reduced the price Swiss healthcare providers and patients will pay for 257 drugs by 16.3%.

These lower prices, which take affect on 1 December 2019, are expected to save CHF 100 million annually.

The FOPH looked at the prices of 478 drugs and achieved price reductions on 257 (54%) of them.

The government has promised to cut healthcare costs via a range of measures including improved negotiations with healthcare providers, reference prices for generic drugs and greater price transparency.

Swiss healthcare is expensive and most of it is paid directly by individuals (69%). Only the US has a more expensive healthcare system, according to Switzerland’s Federal Statistical Office.

Full story here
About Le News
Le News
The newspaper Le News is a free, quality, local English language newspaper launched on 31 October 2013. Le News fills a gap in local Swiss media for the numerous English-speakers living and visiting Switzerland. In late January 2015 we decided to put our print medium on hold and focus on our digital media presence.
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