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It does. The Pharmaceutical Benefits Scheme here in Australia is a lever that the government pulls to negotiate lower drug prices https://www.pc.gov.au/inquiri
by SturgeonsLaw 2y ago
It does. The Pharmaceutical Benefits Scheme here in Australia is a lever that the government pulls to negotiate lower drug prices
https://www.pc.gov.au/inquiries/completed/pharmaceutical-prices/report https://www.pc.gov.au/inquiries/completed/pharmaceutical-pri...
It also pays an additional $5B p.a. in drug subsidies.
- myprotegeai 2y agoCan you describe the incentive structure that makes sure Australians require less drugs in general? That's the bigger picture. Getting a discount on something you shouldn't need in the first place is not a win.