DHSC’s June 2024 Price Concessions – 2nd Update

The Department of Health and Social Care (DHSC) has today (28/06/2024) confirmed the following list of price concessions for June 2024.

This announcement comes late in the month and follows the decision to impose changes to concessions pricing from April 2024 to try to manage purchase margins. DHSC has applied its new margin reduction formula as a final step, delaying the announcement through the addition of another layer of complexity to the concessions process.

Community Pharmacy England has strongly opposed this, and is continuing to warn that putting further pressure on pharmacies to dispense at a loss will have very serious consequences for the sector, patients and the wider primary care system.

Drug Pack size Price concession
Benzydamine 0.15% mouthwash sugar free 300 £4.74
Brimonidine 0.2% eye drops 5 £2.98
Carbamazepine 100mg/5ml oral suspension sugar free 300 £13.46
Chlorphenamine 2mg/5ml oral solution sugar free 150 £2.61
Co-amoxiclav 250mg/62mg/5ml oral suspension sugar free 100 £1.99
Erythromycin 250mg gastro-resistant tablets 28 £23.50
Erythromycin 40mg/ml / Zinc acetate 12mg/ml lotion 30 £16.78
Erythromycin 40mg/ml / Zinc acetate 12mg/ml lotion 90 £40.04
Fluticasone furoate 27.5micrograms/dose nasal spray 120 £12.37
Fusidic acid 2% cream 15 £1.98
Fusidic acid 2% cream 30 £3.70
Lamotrigine 5mg dispersible tablets sugar free 28 £9.47
Lercanidipine 10mg tablets 28 £2.50
Lercanidipine 20mg tablets 28 £5.66
Levetiracetam 500mg tablets 60 £3.40
Losartan 12.5mg tablets 28 £3.52
Nefopam 30mg tablets 90 £4.13
Olanzapine 2.5mg tablets 28 £2.59
Olanzapine 7.5mg tablets 28 £1.89
Olopatadine 1mg/ml eye drops 5 £3.97
Oxytetracycline 250mg tablets 28 £2.18
Pregabalin 225mg capsules 56 £2.11
Pregabalin 25mg capsules 56 £1.51
Propantheline bromide 15mg tablets 112 £107.49
Quinagolide 50microgram tablets and Quinagolide 25microgram tablets 6 £40.40
Risperidone 2mg tablets 60 £1.92
Ropinirole 2mg tablets 28 £29.56
Sertraline 100mg tablets 28 £1.78
Sertraline 50mg tablets 28 £1.02
Tacrolimus 0.1% ointment 30 £22.52
Tamoxifen 20mg tablets 30 £5.94
Venlafaxine 75mg modified-release tablets 30 £2.73

Please note: Community Pharmacy England has submitted price concession applications for a number of other medicines affected by pricing issues this month. We will issue further updates as soon as we hear back from the Department.

Notes 

There are no prices that rolled over from the previous month.

No additional endorsements are required for price concessions. A price concession only applies for the month it is granted; any prices agreed for concessions requested late in the month will roll over into the following month. 

Next Steps 

Pharmacies should continue to report any problems obtaining a Part VIII product at or below the stated Drug Tariff price, using the online feedback form on our website. Please include full details of the supplier and price paid for any products sourced above the Drug Tariff price. We will investigate the extent of the problem and, if appropriate, submit further price concession applications to DHSC. Any prices granted by DHSC, will only be agreed by Community Pharmacy England if they are supported by the reports received by our team.

Please  subscribe to our mailing list to receive email updates of any price concessions.

Background to the changes

DHSC announced in the April 2024 Drug Tariff  its decision to manage retained buying margin by limiting concessionary prices. From April to June 2024, DHSC will be seeking to recover c£5.4m per month from the community pharmacy sector by squeezing price concessions.  

This experiment, which was imposed, is replacing the usual process of making margin adjustments to Category M reimbursement prices for this quarter. Community Pharmacy England remains firmly opposed to this approach, or any recovery of margin, given the very serious financial fragility of community pharmacies. We have serious concerns about the ongoing impact on pharmacy businesses and their patients.

Further information on price concessions and FAQs about the process involved can be found on our website (cpe.org.uk/priceconcessions). To hear more on how the current price concessions system operates, pharmacy teams can watch a recording of our webinar here.

Discover how we are working to improve the outlook for community pharmacy at an event near you.

Click Here