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Improving Access to Medicines — cheaper medicines

This measure supports an agreement with Medicines Australia covering a range of initiatives to reduce prices for some medicines subsidised under the Pharmaceutical Benefits Scheme.

Information update: This Budget measure is subject to the passage of legislation.

Description of Measure

This measure supports an agreement with Medicines Australia covering a range of initiatives to reduce prices for some medicines subsidised under the Pharmaceutical Benefits Scheme.

Questions and answers

Whom does this measure affect?

The measure will affect some Australian residents and eligible overseas visitors buying certain medicines subsidised under the Pharmaceutical Benefits Scheme.

What date will this measure start and finish?

This measure will start 1 June 2018 and will end 30 June 2022.

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Page last updated: 15 May 2017

This information was printed Thursday 24 August 2017 from humanservices.gov.au/corporate/budget/budget-2017-18/improving-access-medicines/improving-access-medicines-cheaper-medicines It may not include all of the relevant information on this topic. Please consider any relevant site notices at humanservices.gov.au/siteinformation when using this material.