UK vets could face price caps after charges rise 60% in eight years

British veterinarians may face price caps on medications and a ban on bonuses tied to specific treatments, as the Competition and Markets Authority investigates the rising costs in the £2bn veterinary sector. After receiving input from 56,000 concerned individuals, the CMA aims to enhance price transparency and ensure that veterinarians can prioritize clinical decisions. The examination revealed significant treatment price increases—60% since 2015—as compared to a 35% inflation in general services, raising concerns for pet owners about the accessibility of veterinary care and prescription medicines.

The Competition and Markets Authority is exploring regulations in the veterinary sector, aiming to prevent incentives that limit treatment options for pet owners.

With veterinary treatment prices rising significantly compared to inflation, potential caps and price transparency measures are being considered by the CMA to protect pet owners.

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