Modi Attack on Knee Surgeries: Implants now under Price Ceiling, Effective Immediately
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New Delhi: Just a day after the Prime Minister, in his independence day address was seen promising that he will bring down the price of knee surgeries, NPPA has now come out with the announcement that fixes and notifies the ceiling prices of orthopaedic knee implants for knee replacement system
The government today capped prices of knee implants at a significantly lower rate than current market rates, a move that could result in savings of Rs 1,500 crore annually to patients requiring surgery.
Effective immediately, The NPPA has fixed the price for primary knee replacement of titanium alloy at Rs 38,740 while the price for revision knee replacement of any material was pegged at Rs 62,770. The price of price for Hi-Flex primary knee replacement has been fixed at Rs 25,860 and that of cobalt chromium alloy at Rs 24,090.
The prices for other primary knee replacement surgeries of femoral component, such as oxidised zirconium, has also been fixed at Rs 38,740 by the pharma sector price regulator.
The government today capped prices of knee implants at a significantly lower rate than current market rates, a move that could result in savings of Rs 1,500 crore annually to patients requiring surgery.
Effective immediately, The NPPA has fixed the price for primary knee replacement of titanium alloy at Rs 38,740 while the price for revision knee replacement of any material was pegged at Rs 62,770. The price of price for Hi-Flex primary knee replacement has been fixed at Rs 25,860 and that of cobalt chromium alloy at Rs 24,090.
The prices for other primary knee replacement surgeries of femoral component, such as oxidised zirconium, has also been fixed at Rs 38,740 by the pharma sector price regulator.
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