PBS Price Disclosure changes in force tomorrow
1st April 2016
PBS pricing reforms required by last year’s Sixth Community Pharmacy Agreement come into force tomorrow April 1st.
The main changes are:
- F1 brand medicine prices are reduced by up to 5%;
- There will be large price reductions on combination medicines;
- Originator brands that have been F2 for over three years are excluded from weighted price calculations. This is likely to put further downward pressure on off-patent medicine pricing;
- The Administration, Handling and Infrastructure (AHI) fee means pharmacies will continue to