Five key points from latest PBS speculation

The federal budget could slash a further $1.8 billion off the PBS.

The ABC has reported that the main tactics are tougher price disclosure measures and putting pressure on doctors to prescribe generics.

Here are some points to consider:

  • Prescribing software vendors will be pressured to list active ingredients rather than brand names.
  • At 60%, Australia has one of the lowest uptakes of dispensed generic drugs. In the US and UK more than 80% of scripts are generics.
  • The Pharmacy Guild says brand substitution gives the government a “little more room” to sustain the