A Cap in the Knee: Govt Slashes Knee Implant Price From ₹1.58 Lakh to ₹54K

With a new order issued by the National Pharmaceutical Pricing Authority, prices of knee implants have been reduced by 69%.

During his independence day address to the country, Prime Minister Narendra Modi said the price of knee surgeries will be brought down. The next day, the National Pharmaceutical Pricing Authority (NPPA) slashed the prices of total knee replacement systems and its components by 69%.

Earlier, the standard and widely-used knee implant, Cobalt Chromium, used to cost ₹1.58 lakh, and now it has been brought down to ₹54,720, reducing the average price by 65%. The new ceiling price for Titanium and Oxidised Zirconium implants is 69% lesser than its earlier average MRP.

ANI on Wednesday tweeted the revised prices, which will be as follows:

In an order issued on Wednesday, the NPPA said that orthopedic-knee implants had ‘unjustified, unreasonable and irrational’ high trade margins, which led to exorbitant prices affecting lakhs of patients, creating a dire need to control this.

About 1.5 crores to 2 crores of patients are estimated to be in need of arthroplasty intervention. Out of this huge number, only about 1 lakh patients can afford it every year, said the order.

It was also mentioned that the ceiling prices specified in the order, though exclusive of GST, are inclusive of trade margin, and no additional charge to the patient.

This move could result in saving ₹1,500 crore annually for an estimated 1.5 lakh patients requiring surgery, reported The Wire.

Like this story? Or have something to share?
Write to us: contact@thebetterindia.com
Connect with us on Facebook and Twitter.
NEW: Click here to get positive news on WhatsApp!

We at The Better India want to showcase everything that is working in this country. By using the power of constructive journalism, we want to change India – one story at a time. If you read us, like us and want this positive movement to grow, then do consider supporting us via the following buttons.

Please read these FAQs before contributing.

Let us know how you felt

  • love
  • like
  • inspired
  • support
  • appreciate
Sign in to get free benefits
  • Get positive stories daily on email
  • Join our community of positive ambassadors
  • Become a part of the positive movement