Cheaper medicines

There are now more ways to save on prescription medicines through the Pharmaceutical Benefits Scheme (PBS). From 1 January 2026, the PBS patient co-payment will be $25 for Medicare card holders, down from $31.60. If you have a concession card, the co-payment will continue to be $7.70 until 2030.

Learn more about the co-payment reduction

Learn more about PBS medicines and 60-day prescriptions

PBS co-payment reduction

Find out more about the PBS co-payment reduction and how it works.

Eligibility for 60-day prescriptions

Find out more about the PBS co-payment freeze for concession card holders. 

PBS Safety net and cost savings

Find out if the PBS Safety Net can help you save money on PBS prescriptions.

Resources

Find fact sheets, posters and videos about the PBS patient co-payment reduction, concessional co-payment freeze and 60-day prescriptions.

Videos

PBS indexation freeze advertisement – 30 seconds

PBS indexation freeze advertisement – 15 seconds

60-day prescriptions campaign phase 3 – 30 seconds