Your allocated prescriptions:
The cost for regular membership is £299 (registration fee) + £15.99 x 12 (monthly tuition fee) = £490.88 per membership. For 12 memberships, this totals £5,890.56 (£490.88 x 12).
However, the graduates are able to prescribe the Social Prescription Memberships at a cost of £9.99 (registration fee) + £1.99 x 12 (monthly tuition fee) = £33.87 per membership. For 12 memberships, this totals £406.44 (£33.87 x 12).
So, the difference in value, which can be seen as the ‘voucher’ value that the graduates are offering to their patients, is £5,890.56 – £406.44 = £5,484.12 per year.
Similarly, for the Socially Discounted Club Memberships:
The cost for regular membership is £299 (registration fee) + £15.99 x 12 (monthly tuition fee) = £490.88 per membership. For 12 memberships, this totals £5,890.56 (£490.88 x 12).
The graduates are able to prescribe Socially Discounted Club Memberships at a cost of £49.99 (registration fee) + £4.99 x 12 (monthly tuition fee) = £109.87 per membership. For 12 memberships, this totals £1,318.44 (£109.87 x 12).
So, the difference in value for the Socially Discounted Club Memberships, which can be seen as the ‘voucher’ value that the graduates offer to their patients, is £5,890.56 – £1,318.44 = £4,572.12 per year.
Therefore, each graduate, through the use of these discounted memberships, is providing a total value of £5,484.12 (from Social Prescription Memberships) + £4,584.12 (from Socially Discounted Club Memberships) = £10,068.24 in discounts to their patients each year.
This represents a substantial value that graduates can provide to their communities, which is an excellent selling point for your course. This is more than just a course – it’s an opportunity for graduates to make a tangible difference in the health of their patients through the power of sourdough baking.
