General Discussion

Sunlei

(22,651 posts) Sun Apr 3, 2016, 06:51 AM Apr 2016

Over 400 prescription drugs drop in price (In Australia)

More than 400 prescription drugs have dropped up to $20 in price, including expensive cancer and cardiovascular disease pills.Prices for some drugs will drop as much as 60 per cent from this weekend as annual changes to the Pharmaceutical Benefits Scheme take effect.Health Minister Sussan Ley said there were quadruple the number of changes this year due to reforms passed in 2015.

'With one-in-five Australians now living everyday with multiple chronic conditions like heart disease, high blood pressure, eye disease and depression, this could save patients as much as $500 per year.

More price cuts are coming in October, when price calculations for thousands of common medications will have to reflect the cost of cheaper generic versions - not the expensive premium brands.

'Since the introduction of these reforms, we have invested more than $3 billion in listing new medicines on the PBS, including breakthrough cures for melanoma, breast cancer and hepatitis C,' Ms Ley said.

http://www.skynews.com.au/news/politics/federal/2016/04/03/over-400-prescription-drugs-drop-in-price.html

10 replies

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Highlight:

Over 400 prescription drugs drop in price (In Australia) (Original Post) Sunlei Apr 2016 OP

It's a shame money matters over people in this country. Vinca Apr 2016 #1

Isn't vaccination covered on his health plan? AllyCat Apr 2016 #5

Yes. We're lucky; we're covered. Many are not. Vinca Apr 2016 #10

That means U.S. prices will skyrocket even more. Cuz Jesus. nt valerief Apr 2016 #2

Yes its true Fairgo Apr 2016 #3

I don't understand why our USA elected can't make the price gouger Drug Corps stop? Sunlei Apr 2016 #4

Because the gouged a Drug Corps are paying for their campaigns. AllyCat Apr 2016 #6

That's why everyone needs to Feel the Bern!!! Dustlawyer Apr 2016 #7

Seriously, folks, that TPP that some here shill with enthusiasm - will put djean111 Apr 2016 #8

Australia is a signer of the TPP Sunlei Apr 2016 #9

Vinca

(50,299 posts)

1. It's a shame money matters over people in this country.

Reply to Sunlei (Original post)

Sun Apr 3, 2016, 08:11 AM

Apr 2016

Prescription prices are crazy. My husband just got a pneumonia vaccination that was billed at over $450.

AllyCat

(16,204 posts)

5. Isn't vaccination covered on his health plan?

Reply to Vinca (Reply #1)

Sun Apr 3, 2016, 09:33 AM

Apr 2016

Or is that what the EOB said it was "worth"? Either way, our system is shameful.

Vinca

(50,299 posts)

10. Yes. We're lucky; we're covered. Many are not.

Reply to AllyCat (Reply #5)

Sun Apr 3, 2016, 10:46 AM

Apr 2016

valerief

(53,235 posts)

2. That means U.S. prices will skyrocket even more. Cuz Jesus. nt

Reply to Sunlei (Original post)

Sun Apr 3, 2016, 08:20 AM

Apr 2016

Fairgo

(1,571 posts)

3. Yes its true

Reply to Sunlei (Original post)

Sun Apr 3, 2016, 08:21 AM

Apr 2016

The health care in Australia is still far better than the U.S.

Sunlei

(22,651 posts)

4. I don't understand why our USA elected can't make the price gouger Drug Corps stop?

Reply to Sunlei (Original post)

Sun Apr 3, 2016, 08:54 AM

Apr 2016

AllyCat

(16,204 posts)

6. Because the gouged a Drug Corps are paying for their campaigns.

Reply to Sunlei (Reply #4)

Sun Apr 3, 2016, 09:34 AM

Apr 2016

They expect return on their investment when they buy a politician.

Dustlawyer

(10,497 posts)

7. That's why everyone needs to Feel the Bern!!!

Reply to AllyCat (Reply #6)

Sun Apr 3, 2016, 09:57 AM

Apr 2016

djean111

(14,255 posts)

8. Seriously, folks, that TPP that some here shill with enthusiasm - will put

Reply to Sunlei (Original post)

Sun Apr 3, 2016, 10:04 AM

Apr 2016

an end to this sort of thing. Links and info have been posted many times.
Very little of the TPP is about trade between countries - it is mostly about corporations being able to roll back things like this, because they affect profits.

Sunlei

(22,651 posts)

9. Australia is a signer of the TPP

Reply to djean111 (Reply #8)

Sun Apr 3, 2016, 10:11 AM

Apr 2016

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