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  • Hundreds of medicines to cost less in $689m plan

    Author: AAP

PATIENTS' PRESCRIPTION COSTS CAPPED UNDER LABOR PLAN

* Australians buying prescription medicines listed on the Pharmaceutical Benefits Scheme will pay no more than $25 for each script from January 1, if Labor is re-elected

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* The federal government reduced the maximum cost of a PBS prescription from $42.50 to $30 in January 2023 and this will cut the amount by a further $5

* Four out of five PBS-listed medicines will become cheaper under the $689 million plan

* The last time PBS medicines cost no more than $25 was 2004

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HOW MUCH WILL THIS SAVE EACH JURISDICTION OVER FOUR YEARS?

* Australia: $786 million

* ACT: $20 million

* NSW: $244 million

* NT: $5 million

* Queensland: $154 million

* SA: $50 million

* Tasmania: $16 million

* Victoria: $204 million

* WA: $91 million

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