Lowering the price of health

Medicine costs in Georgia will become up to 40% cheaper under new pricing policies in an historic decision by the Ministry for Health.

The pricing policy means that the state will set maximum price limits for medicines, above which, the sale of medicines will be prohibited.

Initial reference prices will be set for approximately 1100 named chronic and oncological medicines however a second stage will see all remaining prescription medicines fall under the new rules.

COREX Logistics Country Head in Georgia, Nana Pekhmashvili wholeheartedly welcomes the move. “Price should never be an obstruction to getting better”, she says. “This lowering of costs will help to ease the financial burden on patients in Georgia and enable more people to access healthcare which is very good news indeed. At COREX we believe firmly that the patient comes first and this is another step toward ensuring that is always the case”.

Georgian Health Minister, Zurab Azarashvili, described the reforms as an historic decision, stating that the goal of the Georgian government is to reduce medicine costs as much as possible.

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