Adjusted price for Indoramin 20mg tablets following price changes in October 2021
During the month of October 2021, PSNC received several reports from contractors unable to obtain Indoramin 20mg tablets (60) at the published Drug Tariff price of £50.59. PSNC submitted a request for a price concession but this was later withdrawn after confirmation from the Department of Health and Social Care (DHSC) that, due to the price change mechanism, the reimbursement price for Indoramin 20mg tablets increased from £50.59 to £73.46 for the month of October 2021.
Following the price change mechanism rules, for generic drugs (excluding drugs in Category M), a price change up to and including the 8th of the month takes effect for prescriptions dispensed in that same month. Any price change after the 8th takes place in the following month. For example, if a supplier’s list price changed on the 6th of October, the new reimbursement price would apply to prescriptions dispensed in October. If a supplier’s list price for a generic drug changed on the 15th October, the new reimbursement price would apply to prescriptions dispensed in November.
Indoramin 20mg tablets are listed in Category A of the Drug Tariff. Prices of drugs listed in Category A are based on a weighted average of the list prices from 2 mainline wholesalers and 2 generic manufacturers. An increase in mainline wholesaler prices early in October led to an adjustment to the reimbursement price for Indoramin 20mg tablets for October 2021. Any prescriptions for Indoramin 20mg tablets submitted for payment to the NHSBSA for the month of October 2021 will be reimbursed at the new price of £73.46 for 60. Contractors should note that the published Drug Tariff for November 2021 reflects the updated price of Indoramin 20mg tablets.
Click here for more information on the price change mechanism.