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Week 1
Week 2 & 3
Agree
Disagree
Agree
Disagree Week 4 - End of the month
This timeline above is for
illustration purposes only.
Timings may change each month.
What's new...
Retrospective top up payments – how it works
Top up payments will be made for those concession lines where data subsequently identifies
that the original concession prices granted were inappropriately low. If the Margin Survey
of Independent Pharmacies indicates that there was a significant underpayment of a
concessionary price, compared to the average purchase price paid by pharmacies for that
month, this will trigger an automatic top-up payment.
The top-up payments will be applied automatically to all pharmacies who have dispensed the
affected items.
These top-up payments will be paid on a quarterly basis, for products granted a concession
price three quarters before. A new section will be added to the Drug Tariff, Part VIIIE. Items
which are eligible for top-up payments will be listed in this part.
The first retrospective top-up payments will apply from April 2024, to reflect activity during April
to September 2023 (i.e. the first two quarters of 2023/24 will be covered by a single payment).
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