THE Australian Medical Association (AMA) is advocating for the elimination of "outdated" pharmacy ownership and location regulations to enhance medication access and affordability for consumers.
In its submission to the National Competition Policy Analysis, the AMA asserts that these "archaic" rules constrain patients' access to affordable medicines and other services.
AMA President Prof Steve Robson emphasises the urgency of addressing these regulations amid a cost-of-living crisis.
He argues that the existing restrictions impede competition and compromise patient access to essential medications and services.
Citing industry reports spanning over two decades, the submission underscores the need to abolish these regulations, which AMA has identified as anti-competitive.
Robson highlights the potential for pharmacies to provide substantial discounts on PBS medicines, advocating for increased competition and flexibility in pricing.
Furthermore, the submission highlights concerns regarding the inequitable access faced by Indigenous communities and rural communities, outlining measures for immediate implementation to alleviate financial burdens on Australian households.
It also criticises the Community Pharmacy Agreements for prioritising pharmacy owners over patients and lacking transparency.
The above article was sent to subscribers in Pharmacy Daily's issue from 31 May 24
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