Posted by Michael Wonder on 18 Nov 2022
Medicines industry calls for discount rate reduction now
18 November 2022 - Medicines Australia welcomes the recommendation to lower the discount rate for medicines and vaccines but questions why it should be delayed for two years.
Today, the PBAC – the expert committee that evaluates the value of medicines in Australia – published advice recommending Australia’s discount rate could be lowered between 3.5% – 4% to bring the country closer to other recommended international standards.
