Adjusted prices following price changes in January 2022
During the month of January 2022, PSNC received many reports from contractors unable to obtain multiple products at the published Drug Tariff prices. PSNC submitted requests for a price concession but some were later withdrawn after confirmation from the Department of Health and Social Care (DHSC) that, due to the price change mechanism, the reimbursement prices had been increased for these products for the month of January 2022. The table below details the changes:
|Product||Pack Size||January 2022 published Drug Tariff price||Corrected reimbursement price|
|Donepezil 1mg/ml oral solution sugar free||150ml||£67.48||£81.23|
|Metformin 850mg/5ml oral solution sugar free||150ml||£19.95||£68.00|
|Metformin 1000mg/5ml oral solution sugar free||150ml||£24.00||£80.00|
|Orphenadrine 50mg/5ml oral solution sugar free||150ml||£77.05||£87.09|
|Procyclidine 2.5mg/5ml oral solution sugar free||150ml||£44.43||£37.39|
|Procyclidine 5mg/5ml oral solution sugar free||150ml||£50.49||£55.61|
|Promazine 50mg/5ml oral solution sugar free||150ml||£63.24||£75.36|
|Quetiapine 20mg/ml oral suspension sugar free||150ml||£149.16||£166.31|
|Ramipril 2.5mg/5ml oral solution sugar free||150ml||£147.06||£164.12|
|Simvastatin 40mg/5ml oral suspension sugar free||150ml||£241.38||£250.63|
|Trihexyphenidyl 5mg/5ml oral solution||200ml||£67.98||£82.54|
This is not an exhaustive list of January 2022 price changes due to the price change mechanism, the products listed above include those where contractors reported pricing issues during the month of January 2022.
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 January, the new reimbursement price would apply to prescriptions dispensed in January. If a supplier’s list price for a generic drug changed on the 15th January, the new reimbursement price would apply to prescriptions dispensed in February.
Click here for more information on the price change mechanism.