Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 02 July 2015 4:21 am

Price tag: NHS medicine to have price labels under Jeremy Hunt proposals

By: James Nickerson

Add as a preferred source on Google

A price tag is to be put on prescription medicines in the UK under a plan to cut waste in the National Health Service, along with a stamp reading “funded by the UK taxpayer”.

All pharmaceuticals over £20 will have an “indicative cost” on the packaging once the scheme is rolled out next year, as part of an effort to reduce the £300m bill for “wasted” medication, which is prescribed but not used.

"This will not just reduce waste by reminding people of the cost of medicine, but also improve patient care by boosting adherence to drug regimes," health secretary Jeremy Hunt said in a speech to the Local Government Association in Harrogate.


Jeremy Hunt wants a new social contract between the NHS and the public (Source: Getty)

Hunt said it was vital that patients understand there was “no such thing as a free health service,” as he called for a new social contract between the NHS and the public.

He added:

Everything we are proud of in the NHS is funded by taxpayers, and every penny we waste costs patients more through higher taxes or reduced services.

Initiatives such as these aim to increase transparency, and fit into a government push of increasing awareness of costs and choices involved in public spending.

While integration of health and social care was vital to delivering high standards of health care, personal responsibility needs to sit alongside system accountability, Hunt said.

He noted that over the next five years the number of people aged 70 and over will have increased by one million, and a third of them will be living alone. 

"The health and social care system must do a much better job of looking after them. But so too must all of us as citizens as well," said Hunt.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • NHS

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Lloyd’s deputy chair: The City is a club in the best sense

  • A meeting with the breakfast king of Mayfair

More from City PM

  • Jeremy Hunt: Pension triple lock is an ‘anchor drag’ on economic growth

    Politics
    Jeremy Hunt has promised to cut more taxes as “hard work is rewarded”.
  • Jeremy Hunt is right to ask Can We Be Rich Again?

    Economics
    Former Chancellor Jeremy Hunt
  • ‘Unsustainable’ – Iceland boss and Labour peer calls for end of triple lock pension

    Economics
    Iceland's Richard Walker
  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    Economics
    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.
  • Regulator wins decade-long pricing tussle with Pfizer

    Legal
    Hikma reported a jump in profit for 2024
  • Harley Street Health District Releases First Annual Impact Report

    Business Wire
  • Big Tech’s AI capex splurge can’t go on forever

    AI
    Stack of hundred-dollar bills symbolizing wealth and economic growth in the financial news context
  • Ask the Expert: Should I go part-time or pay for nursery?

    Personal Finance
    Marianna Hunt discussing financial strategies at a business conference, wearing a professional suit, engaging with the aud...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy