Tuesday, January 03, 2006

Prediction - FTA - Backdoor Abolition of PBS

In a New Years heart warmer, Mark Vaile has mooted that the government is considering dropping Labor's anti-evergreening clause, which was aimed at protecting access to cheaper generic drugs.

In an astonishing load of BS, the drug companies have argued that removing the cause would not result in increased prices.

I'm sorry, if removing the clause will NOT result in increased prices then surely leaving it in will have no impact either - so please, humour us on this one.

But no, I suspect this is the start of the gradual undermining of the PBS (as predicted by many) - expect it to be "no more" within 5-10 years!!! We're already seeing an undermining of Medicare (thanks to recent Private Medical Insurance rises that will mean our 30% contribution increases) as well as the government's 80% coverage shite (which means doctors will just start charging to the $40 per person limit (+80% paid for by us). Within 2-3 years it will be unsustainable...

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