CHF welcomes faster price disclosure
August 7, 2013
THE Consumers Health Forum has
backed the government move to
accelerate PBS price disclosure (PD
Fri), despite the move set to cause
major impacts on the community
pharmacy sector in Australia.
In a statement issued on Fri,
CHF ceo Carol Bennett said the
measure was “the right medicine
for consumers,” and would further
close the gap in what Australians
pay for medicines compared to
other Western countries.
Accelerating price disclosure is
estimated to save the government
$830 million over three years.
“We know this means less profit
for some pharmacy owners, but it
is time Australian retail pharmacies
accepted the reality of lower prices
for medicines already applying in
Britain, New Zealand and elsewhere.
“It is time consumers benefitted
from lower price drugs, not
providers,” Bennett added.
The CHF said consumers will save
about $100m over three years in
direct savings on retail prices.
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