Pharmaceutical Benefits Scheme

The Pharmaceutical Benefits Scheme (PBS) is an Australian government program that helps cover the cost of prescription medicines. It ensures that eligible Australians can access necessary medicines at a reduced, affordable price. The scheme subsidizes the retail cost, so patients pay a standardized co-payment, with the government covering the rest. The PBS list includes essential and common medicines, and the scheme also offers safety nets for those with high medication needs, further reducing expenses. Overall, the PBS aims to improve healthcare affordability and ensure essential medicines are accessible to all Australians.