NHS figures disclosed to MoneySavingExpert.com underneath the Freedom of Data Act present that 1,058,147 folks paid for not less than 12 prescription gadgets within the 2019/20 monetary 12 months. Every prescription merchandise in England price £9 over this era – that means every affected person shelled out a minimal of £108.
But a prescription prepayment certificates (PPC), which is principally a season ticket for prescriptions and means you pay as soon as after which get free prescriptions for the interval lined, prices £104 for 12 months. And on common those that paid for 12 gadgets or extra really purchased about 16 gadgets every – that means the typical saving with a certificates would have been round £40.
The quantity of people that might have saved by shopping for an annual PPC has steadily risen for every of the final 5 years, and it is the second 12 months working that greater than 1,000,000 might have saved with one. Up to now 12 months, there have been 2,574,942 PPC functions (this consists of annual and three month functions).
The prescription cost in England is now £9.15 per merchandise, having risen in April 2020. The annual PPC additionally went up in value on the similar time and prices £105.90, however will nonetheless prevent money for those who pay for 12 or extra prescription gadgets per 12 months. You may also purchase a three-month PPC, which prices £29.65 and can prevent money for those who pay for greater than three prescribed gadgets in three months.
See full information and extra methods to chop the price of prescriptions in our 22 Medication Financial savings information.
What do the NHS figures present?
The information within the desk beneath reveals the variety of folks in England who would have saved cash had they purchased a PPC. (In Scotland, Wales and Northern Eire, this does not apply as prescriptions are free. Some additionally qualify totally free prescriptions in England, for instance for those who’re underneath 16, 60 or over, or pregnant – see a listing of exemptions.)
The price of an annual PPC has remained at £104 over the interval talked about beneath (although since April, it is gone up), but the price of prescriptions has progressively risen. In 2015/16, 2016/17 and 2017/18, particular person prescription gadgets price £8.20, then £8.40, then £8.60, so in these years anybody shopping for 13 or extra gadgets might have saved with an annual certificates.
In 2018/19 although, the person price of prescriptions rose to £8.80, so anybody shopping for 12 or extra might have saved, and this remained the identical when prescription prices rose to £9 in 2019/20.