The government is paying too much for pharmaceuticals that are no better than their cheaper counterparts. Let’s fix that. from www.shutterstock.com

How to slash half a billion dollars a year from Australia’s drugs bill

Australia is spending more than A$500 million a year too much for pharmaceuticals because of a little known loophole that allows drug companies to overcharge the government.
The PBAC must make tough decisions about which cancer drugs to subsidise. Eric Gaillard/Reuters

New cancer drugs are very expensive ‑ here’s how we work out value for our money

Most of us would agree that cancer drugs should be listed on the PBS, no matter how dear. But our health system can’t afford all of them. How then are decisions about which drugs to subsidise made?

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