Wednesday, October 18, 2017

Health Minister slams ‘absurd’ price mark ups by suppliers*

DRUGS RIP OFF

‘ABSURD MARK-UPS’: Health Minister Terrence Deyalsingh gesticulates during his contribution at yesterday’s budget debate in the Lower House of Parliament. —Photo courtesy The Office of the Parliament of Trinidad and Tobago


“We are being ripped off. And this practice is going to stop.”
So declared Health Minister Terrence Deyalsingh as he cited several examples where local suppliers had “ripped off” the regional health authorities (RHAs) through “absurd” price mark-ups.
Among the price comparisons Deyalsingh made was the fact that the same titanium plate required for orthopaedic surgeries that was being sold online for US$18 is being sold in Trinidad and Tobago for TT$5,800.

To get the full story, subscribe or login  Subscribe to vNews | Log-In to vNews