Posted by Michael Wonder on 02 Jan 2025
Cheaper medicines stay cheaper as Australians save $1.1 billion
2 January 2025 - On 1 January 2025, for the first time in more than 25 years, the maximum amount people pay for PBS medicines didn't rise with inflation for all Australians, as consumers saved $1.1 billion from cheaper medicines.
Instead of increasing by 20 cents for concession cardholders and 90 cents for everyone else, maximum PBS copayments will remain at their current rate of $31.60 until the end of 2025, and at $7.70 until the end of 2029 for concession cardholders.
