HL Deb 12 December 2002 vol 642 cc58-9WA
Baroness Billingham

asked Her Majesty's Government:

What their plans are for the continuation of the maximum price scheme for generic medicines. [HL609]

The Parliamentary Under-Secretary of State, Department of Health (Lord Hunt of Kings Heath)

The Government have decided to roll forward unchanged the maximum price scheme for generic medicines used in National Health Service primary care. This follows consultation with stakeholders that concluded on 29 November 2002.

The scheme was introduced in August 2000 as a result of price increases in the generics market that started in 1999. It was rolled forward in October 2001. The scheme has restored stability in the generics market and the NHS has saved some £330 million annually as a result. The continuation of it will ensure that this stability continues and that the expenditure savings are maintained.