Greek Pharmacists Forced to Stop Prescriptions on Credit

The Pan-Hellenic Pharmaceutical Association, which represents Greece’s 12,000 pharmacies, announced its members will no longer supply drugs prescribed by the country’s National Organization for Health Care Provision (EOPYY) without immediate payment in cash starting Sept. 1.

Pharmacists called on the organization, Greece’s largest state-run health care provider EOPYY, to pay outstanding debts of more than 85 days. They also want the government to immediately start financing EOPYY, an umbrella for several insurance funds established 1.5 year ago, with an amount equal to 0.6 percent of the gross domestic product as well as to guarantee bank loans taken out by pharmacists, the association stated late yesterday on its official website.

“We have been paid for part of the prescriptions for the month of May, there is no timetable for the June payments. Pharmaceutical multinationals and suppliers have cut credit to pharmacies.  Pharmacists are bleeding between lack of credit and EOPYY payment delays,” the Pan-Hellenic Pharmacists’ Association  said in a statement earlier this month.

EOPYY has only made partial payments to pharmacists for providing medicine in May and hasn’t paid for any prescribed drugs since June, the association said Aug. 8. EOPYY still owes money since 2011, at a time when international drug companies no longer offer credit to Greek pharmacists.