THE National Health Amendment (Cheaper Medicines) Bill 2025 has been passed by both houses of parliament, with a $25 cap on PBS prescriptions to take effect from 01 Jan next year.
The measure is expected to save Australians around $200 million per year, and adds to the $1.5 billion in savings introduced in the Labor Government's last term.
"The reason why we have focused so much on cheaper medicines is that it's obviously good for household budgets, but it's also good for health - we were hearing too many stories of people not filling the scripts that their doctor had said was important for their health because of costs," Minister for Health and Ageing Mark Butler told ABC News Breakfast yesterday.
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