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Understanding Price Increases: Historical Data and Regulatory Guidelines

Explore the history of price increases with focus on 2008-2010 CPI index changes and regulatory protocols by the MoH. The shift to annualized CPI percentages in 2010 reflects re-basing and regulatory influences. Gain insights for informed decision-making.

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Understanding Price Increases: Historical Data and Regulatory Guidelines

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  1. History of price increases • For 2008 and 2009, the change in CPI index was used • For 2010, the annualised CPI percentage was used which we believe was more appropriate because of the re-basing of CPI in Jan 2009 and was consistently raised in each previous PTG submissions * Reg 8 only provides for price increases to an extent determined by the MoH annually

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