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The Ministry of Health announces its pharmaceutical and other health technology pricing policy.

 To enable Ghanaian drug prices be as low as possible, the Ministry of Health has introduced the First National Pricing Strategy for Pharmaceutical and Other Health Technologies.

The pricing plan strives to produce optimized pricing that upholds the interests of both a thriving private sector and public health.

In a speech read on his behalf by the Chief Director, Kwabena Boadu Oku-Afari, the Minister for Health, Hon. Kwaku Agyeman Manu, stated that the Ministry's goal of achieving Universal Health Coverage includes ensuring sustainable access to medicines and other health technologies.

In response to this, the Ministry released the third edition of Ghana's National Medicine Policy (NMP) in 2017. This edition made several policy recommendations to help optimize medicine prices within the context of the country's larger economy, for the benefit of patients, the health insurance program, private sector participants and businesses, as well as the health system as a whole.

He continued by saying that when drug prices are high, access to medications is hampered. Particularly for the underprivileged and vulnerable members of society, these high prices create a financial barrier to access.

He urged all parties to collaborate in order to address the issues impacting drug pricing, saying, "I must stress that the Ministry of Health has already established procedures to implement some of these measures."

According to Dr. Francis Kasolo, WHO's country representative, one-third of the world's population lacks access to crucial medications because they are either unavailable or extremely expensive.

Additionally, he said that solid, well-thought-out policies and strategies may direct educated and reasonable choices to ensure inexpensive access to health items.

The strategy is concerned with the sustainability of the private sector in ensuring medicine availability and supply as well as the sustainability of the NHIS to play its role effectively and efficiently, according to K. Addo Agyekum, a representative of the Ghana National Chamber of Pharma.

In his remarks, the event's chairman and consumer advocate, Mr. Kofi Kapito, highlighted how excited he was about the care and implementation aspects of the pricing plan that had been commissioned for the benefit of customers. He praised both the public and private sectors for their audacious move.

MOH PR Unit, cited

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