MEDICINES Australia (MA) has welcomed data from the Commonwealth Department of Health (DoH) showing a 4% increase in net expenditure on the Pharmaceutical Benefits Scheme (PBS) in 2018/19.
The DoH Annual Report 2018/19, released last week, revealed PBS spending topped $9.8 billion.
MA CEO, Elizabeth de Somer, praised the Government for investing in listing new medicines and expanding indications boosting access to treatment for Australians.
The DoH report found pharmacists dispensed an average of 800,000 prescriptions a day for PBS listed medicines in the 2018/19 period, with 98.2% of PBS medicines delivered as per the Community Service Obligation.
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