Upto 85% Price Cut of Medical Stent; Decision Effective Feb 14, 2017

In a major relief to heart patients, the government has reduced prices of coronary stents by up to 85%. The National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling price of bare metal stents (BMS) at Rs 7,260 and that of drug eluting stents (DES) and bio resorbable vascular scaffold (BVS)/biodegradable stents at Rs 29,600, Minister of Chemicals and Fertilizers Ananth Kumar told reporters here.

The price cap came into force on the midnight of February 13. A coronary stent is a tube shaped device placed in the arteries that supplies blood to the heart. It keeps the arteries open in the treatment of coronary heart diseases. So far, the maximum retail cost of a stent ranged from Rs 45,000 to Rs 1,21,000.

Data on the NPPA website showed that hospitals made the maximum profits on stents, with a trade margin up to 654%. “If any hospital or pharmacist charges more than the ceiling price, stern action will be taken against the guilty. This includes withdrawal of licence,”Kumar warned.

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About Manohar Sharma 152 Articles
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