The annual GMC registration fee for doctors is set to rise by £5 to £425 in 2016, the regulator has announced.
It has also said that it intends to freeze registration fees for newly qualified doctors and doctors in training, at £200 and £90 respectively.
The fee rises comes as a result of the regulator looking to embark on a ‘major change programme to help the organisation achieve significant cost reduction and support more effective ways of working in the future’.
Niall Dickson, chief executive of the GMC, said: ‘We are determined that any rise in the annual retention fee will be kept to a minimum. The level of the ARF next year will be just over 1% above what it was in 2010. This small increase and the steps we will take as part of our efficiency programme are necessary to make sure we remain financially sustainable as an organisation.
’Overall we are in good financial health and it is important that we stay that way. Like other organisations in healthcare, we are in a challenging financial environment. However, we are determined to be good stewards of our registrants’ money – which is why we need to make sure our income keeps up with our expenditure but also continue to cut our costs.’
Last year, the GMC announced an 8% fee rise for doctors from April 2015.
Meanwhile, Pulse recently revealed that GMC would be introducing another range of new fees and increased charges, which it said would particularly affect international medical graduates and GPs who are working overseas and want to maintain their GMC licence.