Business

Vet prescription fees capped under rule changes

BBC Business · 2026-09-21

AI SUMMARY

• What happened: The Competition and Markets Authority (CMA) has implemented new regulations capping veterinary prescription fees at £21 and requiring vets to provide price estimates and disclose cheaper online medication options. • Why it matters: These changes aim to increase transparency and affordability in veterinary services, addressing concerns over rising costs that have outpaced inflation, but critics argue they may negatively impact independent vet practices. • What to watch next: Monitor how veterinary practices adapt to these regulations over the next 12 months and observe any shifts in pricing for consultations and services, particularly among independent vets versus larger corporate practices.

Image source, Getty ImagesByMitchell Labiak, Business reporter and Jim Connolly, BBC News InvestigationsPublished13 minutes agoWritten prescription fees from vets will be capped at £21 as part of a raft of changes that practices will be legally required to bring in over the coming months.Vets must also tell clients if cheaper medicine is available online, write price estimates ahead of treatment, and publish price lists for services as part of the rule updates.The official competition watchdog has brought the measures into force after its investigation into the sector found prices had been rising at nearly twice the rate of inflation.However, critics say the measures will hit independent vets hardest and will benefit the six firms that own more than two-thirds of practices.The Competition and Markets Authority (CMA) made its remedies for the sector legally binding as of Tuesday and vets have up to 12 months to bring all the changes in.As well as capping prescription fees, other changes include:Vet practices must publish a "comprehensive" price list for standard services – including consultations, common procedures, and cremation optionsA written estimate must be provided in advance for any treatment expected to cost £500 or more, including aftercare costs, plus an itemised bill. Emergencies are the only exception to thisVet businesses must make clear whether they are part of a group or an independent businessTo help pet owners compare local practices, price and ownership information will be made available through the Royal College of Veterinary Surgeons' "Find a Vet" service, which will share the data with third-party comparison sites.The timelines for when vets need to bring in the fixes depends on the exact regulation and the group's size. The CMA sets it out here., external"The changes that are being required are changes that will help inform pet owners about prices," said CMA panel chair Martin Coleman.Image caption, Cate Titterton believes vets will have to put up prices for things like consultations and surgeriesHowever, Cate Titterton, the owner of an independent vet service in Saltburn, told BBC Your Voice the changes will make trips to the vets more expensive for customers."Veterinary practices still have to have a pharmacy that is fully stocked, so if we're not making that tiny profit on the drugs, we're going to have to make some profit elsewhere."So, things like services, consultations, surgeries – unfortunately, those prices are very, very likely to have to go up."She believes there is "one clear winner" from this - larger vet groups and the corporates.British Veterinary Association President Dr Rob Williams said veterinary practices were already largely working to the CMA's remedies, including the orders relating to complaints handling, price estimates for routine procedures and prescription costs."We've been clear with the CMA throughout its investigation that it must ensure its remedies do not disproportionately impact smaller, independent practices and we've pushed back where we've had concerns," Williams said.Vet surgeries 'not interested in the animal'Image caption, Clive Di Giorgio says he was quoted thousands of pounds for cancer treatment his dog Louis didn't needOne person hoping to see a cheaper more transparent market for vet services is Clive Di Giorgio, who got in touch with BBC Your Voice.He says he was quoted thousands of pounds for treatment after a vet told him that a rash on his dog Louis' back was "definitely" a sign of cancer.However, after going to a different vet surgery, he says he was told Louis' rash was not cancerous.A treatment of steroids, antibiotics, and a spray cleared up the rash in two weeks, Clive says."You just don't feel as if when you go to the vets now they're interested in the animal," he says."You feel as if all the interest is how much money they can basically squeeze from you."Get in touchHow have vet charges affected you? Do you welcome the changes?Contact formRelated topicsCompaniesCompetition and Markets AuthorityCost of Living More on this storyVet prescription fees to be capped at £21Published24 March

Source: BBC Business
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