What is the PBS?

This PBS video provides information on what the PBS is.

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The Pharmaceutical Benefits Scheme, or PBS, gives Australian residents who hold a Medicare card access to a wide range of lower priced medicines.

Medicines listed on the PBS cost less because the cost is shared between you and the Australian Government. The part you pay is called the patient co-payment.

On average, the Australian Government subsidy reduces the cost of PBS medicines by 90 per cent.

Over 5,000 brands of medicine are listed on the PBS, with more being added over time.

Some brands of medicine have an extra charge set by the supplier called a brand premium. But there's no difference in quality between brands of the same medicine on the PBS.

Talk to your pharmacist about how to save on your PBS medicines or visit health.gov.au/PBS

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