Posted by Michael Wonder on 21 Dec 2017
PBS expenditure and prescriptions report - 2016-17
20 December 2017 - The PBS expenditure and prescriptions report for 2016-17 is now available.
Total PBS government expenditure (both Section 85 and Section 100) on an accrual accounting basis for the 2016-2017 financial year was $12,058 million (excluding revenue), compared with $10,838 million for the previous year. This is an increase of 11.3%.
The 2016-17 total volume of PBS Section 85 prescriptions decreased by 4.0% to a total of 195.8 million, compared to 203.9 million for the 2015-16 financial year.
