Oireachtas Joint and Select Committees
Thursday, 22 October 2015
Public Accounts Committee
Health Service Executive Financial Statements 2014
2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 39: Health Service Executive
Chapter 19: Compliance with Prompt Payment Legislation in the Health Sector
Chapter 20: Management of Private Patient Income in the Health Sector
Chapter 21: Control over the Supply of High-Tech Drugs and Medicines
10:00 am
Mr. John Hennessy:
Interchangeability is the key, in the sense of the ability to switch to generic products versus branded products. The legislation appeared in 2013 to enable that process and since then the process has accelerated significantly. The overall figure took us from approximately 20% to 30% of generic usage in Ireland to upwards of 80% or 90%, especially for high-volume products.
Another area where progress will be found relates to high-technology medicines, the point under discussion today. The implementation of the Comptroller and Auditor General's report will help us to secure some price reductions in that area. However, that is the branded area, which is more difficult.
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