Posted by Michael Wonder on 02 Feb 2020
Medical device price savings for millions of Australians from today
1 February 2020 - The price of thousands of medical technologies treating heart and lung disease, diabetes, bone cancer, eye trauma, severe arthritis and more will be slashed for millions of Australians with private health insurance from today, saving patient lives, livelihoods and wallets.
The price cuts are thanks to the Medical Technology Association of Australia’s landmark agreement with Federal Health Minister Greg Hunt in 2017, which is on track to save $1.1 billion off the cost of medical devices by 2022.
