{"id":50695,"date":"2022-12-20T12:34:29","date_gmt":"2022-12-20T17:34:29","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/german-government-to-allow-health-insurance-companies-to-pay-more-for-medications-that-are-in-short-supply-50695"},"modified":"2022-12-20T12:34:29","modified_gmt":"2022-12-20T17:34:29","slug":"german-government-to-allow-health-insurance-companies-to-pay-more-for-medications-that-are-in-short-supply","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/german-government-to-allow-health-insurance-companies-to-pay-more-for-medications-that-are-in-short-supply-50695","title":{"rendered":"German government to allow health insurance companies to pay more for medications that are in short supply"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/germany\" target=\"_blank\" rel=\"noopener\">The German government<\/a> said Tuesday that it will allow health insurance companies to pay more for pediatric medications that are in short supply in the country.<\/p>\n<p>Germans have scrambled to find basic drugs such as painkillers in recent weeks amid delivery bottlenecks and higher-than-usual demand.<\/p>\n<p>Health Minister Karl Lauterbach said insurers that form the backbone of the German public health system will be able to pay 50% more than the legally set price for patent-free medicines. If such drugs aren&#8217;t available, they can fall back on more expensive branded drugs or make liquids preferred for pediatric use out of tablets.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/germany-fully-decoupling-russia-eyes-china-systemic-rival-german-minister-state\" target=\"_blank\" rel=\"noopener\"><strong>GERMANY IS &#8216;FULLY DECOUPLING&#8217; FROM RUSSIA, EYES CHINA AS &#8216;SYSTEMIC&#8217; RIVAL: GERMAN MINISTER OF STATE<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/black-ice-wintery-conditions-disrupts-travel-germany\" target=\"_blank\" rel=\"noopener\"><strong>BLACK ICE, WINTERY CONDITIONS DISRUPTS TRAVEL IN GERMANY<\/strong><\/a><\/p>\n<p>Germany, where the prices insurers pay for <a href=\"https:\/\/www.foxnews.com\/category\/us\/crime\/drugs\" target=\"_blank\" rel=\"noopener\">generic drugs<\/a> are capped, is a less attractive market for some pharmaceutical companies than neighboring nations such as the Netherlands.<\/p>\n<p>Lauterbach said Germany would also try to tackle a shortage of antibiotics and cancer drugs by giving preference to suppliers that produce key ingredients within the European Union and requiring them to keep several months worth of stocks.<\/p>\n<p>German authorities say the country has a critical shortage of more than 50 drugs, most of them generics. The problem is caused by slim margins for some medications, a concentration of suppliers in certain <a href=\"https:\/\/www.foxnews.com\/category\/topic\/the-european-union\" target=\"_blank\" rel=\"noopener\">non-EU countries<\/a>, heightened demand and quality control issues.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/german-government-allow-health-insurance-companies-pay-medications-short-supply\">Source &#8211; https:\/\/www.foxnews.com\/world\/german-government-allow-health-insurance-companies-pay-medications-short-supply <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German government said Tuesday that it will allow health insurance companies to pay more for pediatric medications that are in short supply in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-50695","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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