Why drug price displays will increase healthcare costs instead


Patients who wish to purchase prescription drugs from a pharmacy will still have to visit the doctor first to get the prescription, before going to the pharmacy to fill it, thus incurring higher travel and time costs. — Filepic

The number of occasions that I have read Bank Negara Malaysia’s (BNM’s) annual report can be counted on the fingers of one hand.

But when BNM’s 2024 annual report was released, I not only read it, but was flabbergasted by the recommendations to address medical inflation with: “The first strategic thrust is to facilitate greater price transparency.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Drugs , healthcare , healthcare costs

Next In Health

When back pain is caused by tight hip flexors
How to spot signs that you are overtraining�
Eating disorders have lesser known long-term impacts
Brain injuries can involve more than physical damage
Our children need to be taught resilience
When TPAs start telling doctors what to do
Britain taxes milkshakes to help fight child obesity�
Tackling the many factors influencing teen vaping
First single-dose dengue vaccine approved in Brazil
Targeting tumours within micrometres

Others Also Read