The National Pharmaceutical Services Association (NPSA) has welcomed the Federal Government’s Mid-Year Economic and Fiscal Outlook which shows the PBS is sustainable and that current savings measures are delivering higher than estimated savings for taxpayers.
However, NPSA President Patrick Davies has called on the Government to work more closely with the pharmacy sector, including the pharmaceutical wholesalers, to protect the ongoing viability of the medicine supply chain.
“The fact that payments under the PBS are expected to be $2.7 billion lower than projected over four years is certainly good news for taxpayers,” Mr Davies said.
“However, the flip side is further strain on the viability of community pharmacies across the country.
“The ongoing impact of the PBS price reductions on pharmacy and wholesaler funding are significant and this fact needs to be recognised with adjustments to pharmacy remuneration.”
Mr Davies called on the Federal Government to work closely with the pharmacy sector, including wholesalers, to ensure Australians can continue to enjoy their current level of access to community pharmacy as a vital part of the nation’s healthcare system.
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