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MINISTER FOR HEALTH INAUGURATES NATIONAL MEDICINE PRICE COMMITTEE GOVERNING BOARD

The minister of health, hon. Kwaku Agyemang Manu has inaugurated 22 governing board members of national medicine price committee to manage the medicine and other health technology pricing system in Ghana.

The purpose of the committee is to provide participants with an understanding of pricing strategies and improved and promote affordability of medicines in the country.

Ghana’s national medicine policy recommends that medicine pricing governance mechanism be improved to promote affordability of medicines in Ghana. This is targeted at promoting sustainability of the national health insurance scheme as well as efficiency and value for money.

The policy outlines a number of pricing strategies for optimizing prices of medicines in Ghana necessitating the need for a guideline on pricing to operationalize these strategies in a manner that facilitates the work of the national medicines price committee.

According to him, this will also separate the price of medicine from overhead based on price component analysis to inform pricing strategies within health care and improve the national health insurance scheme. Speaking to adoanews.com at the inauguration, hon. Kwaku Agyeman Manu said the new board will develop pricing guidelines taking into consideration health technology assessment in determining or recommending pricing of medicine and other health technologies alongside other factors such as the market force and urged the new board members to continue monitoring and evaluation of medicine price.

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