Swiss drug prices still soar above European levels & More News Here

Pricey merchandise: medicines and medicines in Switzerland. © Keystone / Gaetan Bally

Compared with 9 different European nations, Switzerland stays a high-price island for medicines, in keeping with an annual survey by well being insurer physique santésuisse and pharma analysis group Interpharma.

This content material was revealed on May 31, 2022 – 12:16

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The worth distinction was once more most marked for generic medicine – i.e. mass-produced copies of established merchandise, the teams mentioned on Tuesday. In February 2022, generics had been nearly twice as low cost (48.4%) within the 9 different European nations studied than in Switzerland, a rise on final 12 months’s 43.5%. The 250 top-selling patented medicine had been in the meantime 8.8% cheaper elsewhere; the highest patent-expired medicine had been 15.4% cheaper.

While the rising worth hole final 12 months was significantly attributable to fluctuations within the euro-franc alternate price, the final state of affairs still requires political motion, mentioned Christoph Kilchenmann of santésuisse.

“[Insurance] premium payers unfortunately spend much too much on medicines, which has a direct repercussion on rising premiums,” he mentioned. He claimed Swiss shoppers spend as much as CHF750 million an excessive amount of on medicine, and known as on parliament to rein in prices.

Hot political potato

Health prices are an ongoing challenge in Switzerland, and the nationwide worth watchdog has additionally beforehand mentioned that politicians ought to approve a reference system to curb the excessive worth of medicines.

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As for rising insurance coverage premiums, parliament is because of focus on two separate folks’s initiatives within the coming weeks, each of which purpose to stabilise prices by linking premium levels with wage levels. Neither proposal will come earlier than Swiss voters this 12 months.

Interpharma director René Buholzer in the meantime claimed on Tuesday that drug prices, which make up “only 12% of overall [health] costs”, weren’t the large driver of expensive healthcare. For him, the very best answer can be to facilitate a quicker approval of “innovative medicines” into the official listing of merchandise.

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More: SWI swissinfo.ch licensed by the Journalism Trust Initiative

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