The Government and opposition have committed to lowering the Pharmaceutical Benefit Scheme (PBS) maximum general co-payment from its previous level of $42.50 to between $30 - $32.501, a significant saving for patients who are struggling to afford their medicines.

This will benefit up to 19 million people who do not have access to a concession card and will go a long way toward easing the cost of living pressures currently faced by Australians around the country.

Around 30 per cent of Australians have struggled to afford their prescription medicines in the last three years2. By lowering the amount patients pay over the counter, more Australians will be able to afford to take their medicines when they need them.

A historic step for health care in Australia with the PBS co-payment for general patients being cut for the first time in its 70-year history.

1 Based on who forms a majority government after the 2022 Federal Election.
2 Insightfully Research, April 2022