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Costa Ricans Fear Medicine Cuts

Medicines received through Caja Costarricense de Seguro Social  (CCSS) - Social Security - may be cut as a result of the Free Trade Agreement (FTA) with the United States, warn experts.

Key regulations set in the agreement spark a rise in prices for drugs and the CCSS lacks conditions to confront this situation that harms the population, specialists of the Universidad Nacional (UN) explained.

Researcher Greivin Hernandez considers that legal measures should be adopted to alleviate CCSS expenditures that include regulation of medicine prices.

According to the specialist the Trade Agreement on Issues of Intellectual Property Rights Related to Trade implies a high cost for CCSS.

A study by the Centro Internacional de Política Económica para el Desarrollo (Cinpe-UNA) confirms that due to previous reasons budget scenarios of CCSS are unfavorable ad by 2030 it will have paid almost 40 percent higher prices in relation to the present.

With a greater quantity of exclusive medicines, by legal monopoly or de facto, prices could increase by 40 percent, he explained.

If the CCSS lacks the means to confront this expenditure it would have to reduce distribution by 14 to 24 percent according to different scenarios warns Cinpe-UNA.

Effects on local industry of medicines were also evaluated and sales could go from 35 percent to 24 or 27 percent in the coming years with millions in reductions of yearly incomes from this sector.
 
 
 
 
 


 

 

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