Pharmaceutical Benefits Scheme (PBS)

The Pharmaceutical Benefits Scheme (PBS) is an Australian government program that helps reduce the cost of prescription medicines for residents. It subsidizes the price of a wide range of essential medications, making them more affordable. Patients typically pay only a small co-payment, while the government covers the rest. The scheme aims to improve access to necessary medicines, support public health, and ensure affordable healthcare for all Australians. It is managed by the Department of Health and is regularly updated to include new medicines based on medical need and safety.