The Ministry of Health (MOH) has increased the prices of medicines on the National Health Insurance Authority (NHIA) list by eight per cent.
The new prices, which cover essential medicines with current prevailing prices, took effect from the 20th of this month.
Some industry players, however, fear the increases could go to compound the problems of an already overburdened NHIA.
But the NHIA says it has no knowledge of the increase in prices, as the law makes it mandatory for prices to be reviewed annually.
Additionally, there is an eight per cent increase in the offer price of all medicines supplied under the Framework Contract Agreement that provides the terms and conditions under which smaller repeat purchasing orders may be issued for a defined period of time.
