Posted by Michael Wonder on 07 Feb 2017
Price of prescription medicines likely to rise by $5
7 February 2017 - A $5 price hike to the cost of prescription medicines remains alive after the Federal Government last night refused to rule out revising the contentious measure.
The Pharmaceutical Benefits Scheme co-payment — previously rejected by the Senate — would save the Budget about $700 million over four years and $3.2 billion over a decade.
Despite previously ruling out the prescription hike, the Turnbull Government continues to count the savings to reduce its Budget deficit.
