Pensioners to benefit from new PBS subsidies

The new PBS subsidies will save Australian patients thousands of dollars.

Pensioners to benefit from new PBS subsidies

Arthritis, diabetes and cancer sufferers will benefit from a new round of subsidised medicines that are about to hit the Pharmaceutical Benefits Scheme (PBS) on 1 April 2018.

The new subsidies will save Australian patients thousands of dollars.

The new round of Turnbull government subsidies includes 11 medicines, most with a focus on treating diabetes. Around 1.7 million Australians have the disease with about 280 new cases announced each day.

Toujeo – a longer lasting form of insulin, has been added to the PBS list, along with a range of oral therapies and expanded subsidies on existing diabetes medicines that may save patients almost $2000 a year.

New medicines to treat cancer will also be added to the list, such as Folotyn, a treatment for T-cell lymphoma; Atezolizumab, or Tecentriq, which treats advanced or metastatic non-small and usually costs around $100,000 per treatment; and Sonidegib, or Odomzo, which is used to treat basal cell carcinoma.

Arthritis and asthma sufferers will receive discounts on Methotrexate, used to treat rheumatoid arthritis and psoriasis, and budesonide, which helps to treat asthma and chronic obstructive pulmonary disease.

Those with an inflammatory eye disease will also benefit, with the addition of Dexamethasone, saving patients around $2753 per treatment.

Under the updated PBS subsidies, patients will pay no more than $39.50 per prescription, with pensioners and concession card holders paying a maximum of $6.40.

Will these new additions affect you? How much will you save?

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    COMMENTS

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    Jim
    26th Mar 2018
    10:30am
    It's good news for people with some of these devastating diseases/conditions, and not before time.
    Circum
    26th Mar 2018
    11:27am
    All sounds good.But I would still like to know why the government increased the price of Diamicron,a common diabetes medicine,by over 30% about a month ago.
    BrianP
    26th Mar 2018
    12:41pm
    Point of information - budesonide (Symbicort for Asthma) has already been on the subsidised prescription list for some time.
    AutumnOz
    26th Mar 2018
    1:22pm
    Yes it has Brian and I am very grateful for it.
    Methotrexate is also already on the PBS.
    I could not afford the full price for either on singly let alone having to pay full price for both of them.
    KSS
    26th Mar 2018
    3:15pm
    Interesting what is actually a good news story for many garners 4 comments. A beat up negative opinion gets 38 and even that's a slow day!
    Charlie
    27th Mar 2018
    1:12pm
    Its still a bit of a minefield with the price being able to change according to the number of repeats on the script (eg) One box of Tramadol on script costs more per box, than a script for three.
    Also if the medication is being used to treat the regular medical condition for those meds. (eg) Gabapentin used to treat epilepsy, cost less than if it is used to treat nerve pain.