Posted by Michael Wonder on 03 Apr 2019
Medicines Matter – Government confirms commitment to uncapped PBS
3 April 2019 - Medicines Australia welcomes today’s announcement of $331 million for the listings of innovative medicines on the PBS in today’s 2019/20 Federal Budget.
This is reinforced by the Morrison Government’s commitment to listing all positive recommendations made by the Pharmaceutical Benefits Advisory Committee.
Medicines Australia CEO Elizabeth de Somer said: “The Morrison Government has recognised that medicines matter and confirmed their commitment to the uncapped PBS and overall health expenditure. This will help ensure all Australians have access to new and innovative medicines they need when they need them.
The Treasurer announced overall health portfolio spending will increase by $20 billion over forward estimates, from $102 billion in 2018-19 to $115 billion in 2022-2023.
