- Hungary will cut VAT on prescription drugs from 5% to 0% starting September 1, 2026.
- The government says regulated drug prices mean manufacturers and distributors cannot offset the VAT cut by raising prices.
- The change must be reported to the National Health Insurance Fund (NEAK).
- The policy is intended to reduce out-of-pocket healthcare costs, especially for people with chronic illnesses.
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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