Sunday, 23 September 2018

Price capping on knee implants gets further extension

16 August 2018 | News

Providing relief to patients going for knee implants, the National Pharmaceutical Pricing Authority (NPPA) has extended the ceiling prices till August 2019.

Image credit- bonesmart.org

Image credit- bonesmart.org

The government has extended for a year the cap on prices for knee implants, ranging from Rs 54,000 to Rs 1.14 lakh.

Providing relief to patients going for knee implants, the National Pharmaceutical Pricing Authority (NPPA) has extended the ceiling prices till August 2019.

In August last year, the government had capped prices of knee implants at a significantly lower rate than the market rates. As part of the initiative, NPPA had capped the price of widely used Cromium Cobalt knee implants at Rs 54,720. Prior to that it used to cost between Rs 1.58 lakh and Rs 2.5 lakh.

The new MRP of special metal titanium and oxidised zirconium was fixed at Rs 76,600 plus GST, 69 per cent lower than an average rate of Rs 2,49,251 earlier.

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