Final budget outcome confirms PBS is sustainable

PBAC

21 September 2015 - The release of the Final Budget Outcomes for 2014‑15 has revealed policy reforms are continuing to put downward pressure on PBS expenditure.

The final Budget papers released today reveal that forecast PBS expenditure has been continuously revised down, year on year since 2011. The final PBS outcome is $2.56 billion below the original forecast in May 2011 and finished $285 million below forecasts in May this year.

For more details, go to: https://medicinesaustralia.com.au/media-release/final-budget-outcome-confirms-pbs-is-sustainable/

Michael Wonder

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Michael Wonder

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Medicine , Australia , Affordability , PBS