MPA website launch
June 19, 2012
The Pharmacy Guild welcomes
the launch by the Medicines
Partnership of Australia (MPA) of
a new website aimed at giving the
public, Government and industry
a clearer picture of the
Pharmaceutical Benefits Scheme.
The new website can be viewed
at: medicinespartnership.com.au.
The MPA consists of the Guild,
Medicines Australia, the Generic
Medicines Industry Association,
the Australian Self-Medication
Industry, the Pharmaceutical
Society of Australia and the
National Pharmaceutical Services
Association.
All the MPA organisations have
a common interest in ensuring
the sustainability of the PBS
which is regarded as the best
subsidised medicines scheme in
the world.
The PBS has served all
Australians extremely well since
its introduction more than 60
years ago.
The Medicines Partnership of
Australia has for some time
published a quarterly PBS
Scorecard, tracking changes and
trends in PBS volumes and
aggregate costs.
Now the new website will
become the principal location for
all interested parties to track
these scorecards, as well as other
information about the PBS.
The most recent scorecard,
issued last month, showed no
growth in real terms, confirming
the ongoing viability of the PBS.
Growth in Federal Government
expenditure on the PBS in the 12
months to 31 March 2012 was just
0.8 per cent.
After adjusting for inflation, this
represented a decline of 0.8 per
cent in real terms.
This was well below the
Government’s own target of two
per cent growth in real terms.
This reinforces the industry’s
long-held position that the PBS is
well under control.
The above article was sent to subscribers in Pharmacy Daily's issue from 19 Jun 12To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 19 Jun 12
