Posted by Michael Wonder on 11 May 2021
Budget 2021–22: generational change and record investment in the health of Australians
11 May 2021 - A joint media release outlining the Morrison Government's $121.4 billion in 2021–22 and $503 billion investment into the health of Australians over the next four years.
The Government will invest $43 billion over four years in the PBS, which continues to provide Australians with access to subsidised medicines for a wide range of illnesses through hospitals and community pharmacy. In 2020–21, our Government introduced the New Medicines Funding Guarantee to meet the cost of future, new and amended PBS medicines.
This ensures the inclusion of new life saving medicines will never be jeopardised over a matter of funding, and the Government will continue to approve and list all medicines recommended by the medical experts.
