First GMC retention fee rise for six years
Annual retention fees for the General Medical Council are to rise for the first time in six years.
The fees for 2008 will be £390, a 34 per cent rise since they were
set at £290 in 2002. The rise is the equivalent of a 5 per cent
annual rise since 2002. A 50 per cent discount will continue to be offered
to doctors on low incomes.
The GMC says that it has introduced a range of initiatives since 2003
to improve its overall economy, efficiency and effectiveness, saving
between £20m and £30m. These include relocation of some functions
to Manchester (saving about £4m per year), expanding in-house legal
work (saving about £3.5m a year), improvements in procurement (saving
over £3m since 2003) and increasing the proportion of time the
council’s hearing room is in use (saving £1.2m a year).
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