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Showing 1 - 10 of 12 results for "Pharmaceutical Benefits Scheme"

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
... Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. The government is investing $1.8 ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... the agreement, instead of rising with inflation, there will be a one-year freeze on the maximum Pharmaceutical Benefits Scheme (PBS) patient co-payment for everyone with a Medicare card and a five-year freeze for pensioners and other concession cardholders. ...

COVID not only health issue on Budget radar

TOM WATSON  |  TUESDAY, 29 MAR 2022
... government has allocated $2.4 billion over five years towards reducing the cost of medicines through the Pharmaceutical Benefits Scheme (PBS), with treatments for bowel cancer, breast cancer and cystic fibrosis among the new listings on the PBS. The ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... mental healthcare is also expected, with investment in prevention likely alongside additions to the Pharmaceutical Benefits Scheme. That's according to Macquarie University Centre for Health Economy director Henry Cutler, who added: "If its pre-election ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
... to automatically qualify for a Commonwealth seniors health card, which gives them access to the pharmaceutical benefits scheme but that card for example doesn't give them access to a lot of state based benefits," Rundmann said. "In NSW for example if ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
... services and pharmaceutical products reflect the annual cycles for the Medicare Benefits Scheme and Pharmaceutical Benefits Scheme (PBS). The safety net threshold amount for both schemes were reset on 1 January 2016, so consumers resume paying the normal ...

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... hospital services (+0.2%). The rise in pharmaceutical products was due to changes introduced under the Pharmaceutical Benefits Scheme Access and Sustainability Package. The rise was partially offset by a fall in therapeutic appliances and equipment ( ...

Budget speech 2014 -15

... receive all the savings from the introduction of a $7 Medicare co-contribution, modest changes to the Pharmaceutical Benefits Scheme and other responsible changes in this Health Budget, until the Fund reaches $20 billion. Health services have never been ...

Retirement costs on the rise again

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
... (-3.5 per cent), which fell mainly as a result of a greater proportion of consumers exceeding the Pharmaceutical Benefits Scheme safety net compared to the September quarter 2012. ASFA said that over the long term, the underlying trend has been for significant ...

ASFA: Retirement costs on the rise

RACHEL DAVIS  |  TUESDAY, 15 NOV 2011
... health services reflected a fall in pharmaceutical prices with more individuals benefiting from the Pharmaceutical Benefits Scheme safety net. The ASFA Retirement Standard is now an independent initiative by the Association of Superannuation Funds of ...
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