The Hindu Business Line : Drug prices

Prices of essential drugs have soared. The cost of drugs prescribed to control hypertension, diabetes, cholesterol — common ailments among the elderly — is exorbitant.

It is becoming increasingly difficult for senior citizens to afford these medicines.

Some commonly prescribed medicines cost Rs 210 for ten tablets. An average senior citizen spends more money on medicines and doctor consultations than on food. The laboratory and consultation fees are prohibitive.

According to a press report based on a recent study of drug prices, a tablet costing Rs 2.90 to the manufacturer is retailed at Rs 42.

This is just one example of the extent to which consumers are being exploited.

The Central government should take immediate and effective action to control drug prices and also set norms for consultation fees of private doctors and nursing homes in the interest of consumers.

H. K. LakshmanRao

Chennai

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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