The Price of Medicine Skip to content

The Price of Medicine

Icelanders pay more than other Nordic countries for medication according to a new survey by NOMESCO. However, Icelanders use less medication than the other Nordic countries, with the exception of drugs for mental illness.

The Icelandic State pays less towards medicine than the state in the other Nordic countries. According to the report, the higher price of medication in Iceland is due to a small market, costly distribution and a tendency to swap older drugs for new, more expensive ones.

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