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      Free Daily Israel Report
      Archive: 6/29/2011
      09:47
      Reported

      News Brief

        6/29/2011, Sivan 27, 5771

      Finance Committee to Approve Drug Deductible Discount


      It is expected that the Finance Committee will approve the initiative of the Ministry of Health to reduce the rate of the generic drug purchase deductible from 15% to 10%, for drugs that cost over 100 NIS.

      The discount, expected to cost the HMOs some 60 million NIS is acceptable due to the fact that from 1998-2006 the HMOs received an unused surplus budget of 147 million NIS for drug purchase.