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  5. Pharmaceutical benefit schemes

Pharmaceutical benefit schemes

Information on pharmaceutical benefits, subsidies and management in Australia and New Zealand.

Australian Pharmaceuticals Benefit Scheme overview

Through the Pharmaceuticals Benefit Scheme (PBS), the Australian government subsidises the cost of listed prescription medicine, making it more affordable for all Australians.

Approximately 80% of prescriptions are subsidised by the PBS.

A PBS prescriber number is required to prescribe medicine under the PBS. It is administered by Medicare.

The prescriber number uniquely identifies authorised prescribers and remains the same throughout a prescriber's career. It is not linked to a specific location like a Medicare provider number.

Visit Pharmaceuticals Benefit Scheme website for more information at the link below.

Aotearoa New Zealand Pharmaceutical Management Agency

The Aotearoa New Zealand Pharmaceutical Management Agency (PHARMAC) is the government agency that decides which pharmaceuticals to publicly fund in Aotearoa New Zealand. Funding decisions are listed in the Pharmaceutical Schedule.

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