‘In a recent speech, he (Mr Hockey) said the PBS, which cost $9 billion in 2013, was one of the largest contributors to health spending growth over the past decade, along with Medicare, the private health insurance rebate and public hospital funding to state governments.
His comments suggested the government was considering cutting back on the subsidies of medicines for concession card holders, who he said accounted for 80 per cent of PBS expenditure.
“Much of the money spent on the PBS is accessed by a small cohort of people. In 2012-13, 10 per cent of patients accounted for 58 per cent of PBS expenditure,” he said.’
“The Saturday Paper”
In what a source alleges is a leaked copy of the Audit Committee Report that has just been given to me, there are some very interesting notes. I cannot vouch for the veracity of the copy, but as…
View original post 548 more words