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PharmacoEconomics & Outcomes News 368 - 22 Jun 2002 Nearly 80% of Australians say that imminent rises in prescription drug prices will not keep them from purchasing the drugs they need, despite 70% saying they oppose the increases, according to a Newspoll commissioned by AstraZeneca, reports Marketletter. In an effort to help curb steep cost increases within the Australian Pharmaceutical Benefits Scheme (PBS), the price of prescription drugs is to increase by nearly 30% from August this year, reaching $A4.60 * for pensioners and $A28.60 for all other consumers. The government is hoping to cut PBS costs by $A1.9 billion during the next 4 years, through charge increases and improving the system’s efficiency. * Australian dollars Australian Rx rises will not stop purchases. Marketletter 29: 16, 10 Jun 2002 800907034 1 PharmacoEconomics & Outcomes News 22 Jun 2002 No. 368 1173-5503/10/0368-0001/$14.95 Adis © 2010 Springer International Publishing AG. All rights reserved

Drug purchasing still expected despite Rx drug price hikes in Australia

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Page 1: Drug purchasing still expected despite Rx drug price hikes in Australia

PharmacoEconomics & Outcomes News 368 - 22 Jun 2002

■ Nearly 80% of Australians say that imminent risesin prescription drug prices will not keep them frompurchasing the drugs they need, despite 70% sayingthey oppose the increases, according to a Newspollcommissioned by AstraZeneca, reports Marketletter. Inan effort to help curb steep cost increases within theAustralian Pharmaceutical Benefits Scheme (PBS), theprice of prescription drugs is to increase by nearly30% from August this year, reaching $A4.60* forpensioners and $A28.60 for all other consumers. Thegovernment is hoping to cut PBS costs by $A1.9 billionduring the next 4 years, through charge increases andimproving the system’s efficiency.* Australian dollars

Australian Rx rises will not stop purchases. Marketletter 29: 16, 10 Jun2002 800907034

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PharmacoEconomics & Outcomes News 22 Jun 2002 No. 3681173-5503/10/0368-0001/$14.95 Adis © 2010 Springer International Publishing AG. All rights reserved