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Armenia’s Minister of Health Addresses Rising Medicine Prices and Health Insurance Reform Plans

Since there is a value added tax on medicines in Armenia, their prices are higher than, for example, in neighboring Georgia. This was stated at a press conference on January 12 by the Minister of Health of Armenia Anahit Avanesyan.

“The price of medicines is also influenced by the fact that Armenia is a rather small market. And in order to be in this market, each pharmaceutical company develops a pricing policy that differs from large markets. That is, there are a number of circumstances that to some extent contribute to rising prices for medicines,” Avanesyan said.

The minister emphasized that as part of the reform of health insurance, price regulation mechanisms will also influence the cost of medicines. “That is, in this case, medicines will be purchased at much more affordable and competitive prices, and as a result, the state and citizens will pay less money for them,” she said.

Regarding the implementation of a full-fledged offer program, Avanesyan said: “Organizations that have submitted applications for the state order for 2023 automatically become parties to the offer agreement. During these 6 months, we will review the offer agreement, and at the end of the pilot program we will once again present an updated offer agreement.

This is not news; before this change, 50% of our services were provided within the framework of the offer; now it is 100%.”

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2024-01-12 10:45:00

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