Printable version of Bulletin 19 (PDF 722 KB)
27 March 2015
PLAC Cost Recovery Activity for the 2013-14 Financial YearPLAC and its associated sub-committees are funded through a cost recovery model. Product sponsors pay a range of fees for new applications, initial and ongoing listing.
The activities of the PLAC and its subcommittees include all meetings, secretariat support, travel, stationery, legal support to publish the Prostheses List twice a year and departmental staff to support these activities.
In 2009 the new application fee was increased (in consultation with industry) from $200 to $600 per application to support the development of a new database and web based interface to streamline application submission. Given the importance of this initiative to PLAC business into the future, the Department is currently piloting a web based application with ten sponsors. Delivery of a web based Prostheses List application form to all sponsors is expected in the second half of 2015.
The revenue for the 2013-14 financial year was $4,446,559. During this period expenses were $4,311,266. The remaining $135,293 was rolled over into the 2014/15 FY. A summary of revenue and expenses for the 2013-14 FY is listed on the following page.
Should you wish to discuss the contents of the Bulletin, please contact Lyndall Moore, Director – Clinical Assessment and List Management on 02 6289 9152 or email Lyndall Moore
Prostheses Cost Recovery Activity - Expenses & Revenue
1 July 2013 TO 30 June 2014
Clinical Assessment and List Management Section
CAGS& Human Tissue Section
Private Health Insurance Branch Executive
Research & Policy Section
|Contract for Services||-||-||-||26,909||26,909|
|Total Committee Costs:||538,234||465,264||-||-|
Travel & Accommodation
Salary & Super
|Postage & Freight||4,760||2,909||-||-||7,669|
|Office and Operating costs|