The first major change to the Pharmaceutical Benefits Scheme in 75 years will see the cost of some popular medications slashed in Australia. Read more: 9News
It means someone taking one medication a month could save up to $150 a year.
"And they include a number of medicines to prevent asthma, insulin for diabetes patients and some blood thinner anti-coalgular medications for people with heart conditions," Anthony Tassone from the Pharmacy Guild of Australia told 9News. Concession card holders will continue to get a bigger discount on medications, however the out-of-pocket cost will rise slightly in-line with inflation - from $6.80 to $7.30.
Under the new price system, the amount paid by a patient will still count towards their PBS Safety Net.
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