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FT Alphaville » Greece: when the drugs run out

Beneath the political stasis — another sign of a sharp turn for the worse in Greece’s liquidity crisis.

The country’s pharmacies are owed €500m by the state-backed healthcare insurer, according to reports. From next week patients will have to stump up the cash for their medicines upfront, and then claim a reimbursement from the National Organization for Healthcare Provision (EOPYY).

It doesn’t take a genius to figure out that a) medicines tend to be very expensive, b) so paying for them may be very difficult for a lot of people, especially pensioners. And c) if the EOPYY is having trouble paying the pharmacists, it’s unlikely to find it any easier to reimburse individuals.

via FT Alphaville » Greece: when the drugs run out.

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