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PD breaking news – PBS spend lowest in four years

PBS spending lower than previous four years.

The Australian Government’s expenditure on the Pharmaceutical Benefits Scheme (PBS) and Repatriation Pharmaceutical Benefits Scheme (RPBS) in 2012-2013 was lower than in the previous four years.

The Productivity Commission released its Report on Government Services today, which said the total spend was $7.1 billion, or $309 per person for the period.

This was lower than the preceding four years, when spend was relatively stable, fluctuating between $336 and $342 per person, in 2012-2013 dollars, the Commission said.

The report found that around 197 million services were provided under the PBS in the period, which amounted to 9.2 filled prescriptions per person.  A further 12 million were provided under the RPBS.

Nationally, in the 2012-2013 period, 8.5% of respondents delayed or didn’t purchase prescribed medicines due to cost in the previous 12 months.

Read tomorrow’s Pharmacy Daily for more.

This Pharmacy Daily breaking news brought to you by Pharmacy Daily.


The above Breaking News Alert was sent to Pharmacy Daily subscribers on 30 Jan 14

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