%T Australia’s bad drug deal: high pharmaceutical prices
%A Stephen Duckett



%I Grattan Institute
%D 2013

%K Medicine, %K Drugs and alcohol



%U https://apo.org.au/node/33242

%X Australians are paying too much for prescription drugs. The cost of this overpayment is at least $1.3 billion a year, or $3.5 million a day. This equates to 14 per cent of the entire Pharmaceutical Benefits Scheme (PBS) budget. In a time of escalating health costs and other strains on the Commonwealth Budget, spending on pharmaceuticals could be reduced relatively easily, if there is the political will to do so.
%9 Report