PBS and NIP cost recovery - annual indexation of fees

PBAC

1 July 2018 - The recovery of fees associated with the evaluation and listing of medicines, vaccines and other products or services on the PBS and NIP commenced on 1 January 2010.

The prescribing regulations that underpin PBS and NIP cost recovery are the National Health (Pharmaceutical and Vaccines – Cost Recovery) Regulations 2009.

Part 4.7 of the regulations provides for the annual indexation of fees based on increases in the Consumer Price Index.

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Michael Wonder

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Michael Wonder