Single exit price regulations

Experience with the Single Exit Price regulations to date... 

This chapter presents the South African experience with the single exit price (SEP) regulations which were enacted to deal with these distortions and to replace the mark-up-based retail pricing systems with fixed professional fees in order ultimately to reduce the price to patient. 

At inception, the regulations stipulated the maximum professional fees that could be added to the single exit price by various players in the distribution chain. 

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