The controversy sparked by Minister of Economy Luis Caputo’s statement that prepaid medicine companies have declared “war on the middle class” with price increases has led the government to escalate the situation. Presidential spokesman Manuel Adorni warned of cartelization in the sector, which negatively impacts Argentines.
Caputo had previously criticized supermarket price reductions but now targets prepaid companies for raising prices after deregulation. This is the second time in a short span that he has done so. President Javier Milei also expressed concerns about the increases, emphasizing that the government is working to address the issue without resorting to force.
The ongoing dispute over prepaid prices has led to four consecutive double-digit increases this month. The anger from the Minister of Economy and questions from Casa Rosada highlight significant price hikes experienced by private medicine, with increases surpassing 100% since the beginning of the year. The government is working to address these increases while also dealing with price hikes in other sectors such as gas and water services.
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