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According to a health department official, since they are also commodities on the market, inflation and peso depreciation have an impact on the cost of non-communicable disease maintenance medications.

“Based on our monitoring in December 2022, we have seen a slight price increase in a set of medications, these hypertensive medications, which was due to inflation and the peso devaluation,” Department of Health (DOH) officer-in-charge Maria Rosario Vergeire said in a press conference in Pasay City.

Vergeire did not list the drug’s brand names.

Through the Cheaper Medicines Act, also known as Republic Act 9502, the DOH keeps an eye on drug costs to make sure that the general population has access to high-quality medications.

“Overall, we have stable prices of our medications and this is due to our Executive Order No. 155, wherein we placed price caps beginning March 23, 2022 for hypertension, diabetes, high cholesterol, asthma, and COPD (chronic obstructive pulmonary disease),” (Overall, we have stable prices of our medications and this is due to our Executive Order No. 155, wherein we placed price caps beginning March 23, 2022)

She emphasized that the pricing caps for these medications are still in existence and are subject to regulation.

She added, “We also have the MDRP, the medium drug retail price, where the prices of medicines are reduced, ‘tong mga molecules na ito para mas maging accessible sa ating mga kababayan (We also have the MDRP, the medium drug retail price, where the prices of medicines are reduced, these molecules),” she said.

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