PBS spending drops by less than one per cent

There has been an 0.8% decrease in total government pharmaceutical benefits spending for 2014/15, but a 0.8% increase in the volume of PBS prescriptions dispensed.

The latest PBS annual report says government pharmaceutical benefits expenditure was just over $9 billion for the year ending June 2015 on an accrual accounting basis.

PBS Section 85 data shows 211.4 million