In a bid to provide relief to patients who are contemplating to go for knee implants in coming months, the Government has decided to extend the cap on prices for knee implants for a year.
The National Pharmaceutical Pricing Authority (NPPA) has extended the ceiling prices, ranging from Rs 54,000 to Rs 1.14 lakh, till August 2019.
“The Ministry of Chemicals and Fertilizers, NPPA, hereby decided that applicability of the ceiling prices fixed for orthopaedic knee implants dated 16-Aug-2017 shall be extended for a period of another one year,” said a notification.
The Government had capped prices of knee implants at a significantly lower rate than the market rates in August last year.
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.
High flexibility implant was fixed at Rs 56,490 plus GST, 69 per cent lower than average MRP of Rs 1,81,728 earlier.