Posted by Michael Wonder on 29 Jan 2023
Government must place a higher value on vaccines and medicines that deliver long term benefits
30 January 2023 - Medicines Australia has used its budget submission to remind Government of its commitment to lower Australia’s high discount rate for vaccines and medicines.
A discount rate is a technical correction applied to medicines and vaccines that values immediate health effects higher than long-term health benefits, such as childhood vaccines. This means preventative and curative vaccines and treatments are disadvantaged and delayed by a rate that is higher in Australia than other comparable countries.
