A saving of $163.5 million was made to the Pharmaceutical Benefits Scheme, arising from more competitive priced medicines.
A saving of $163.5 million was made to the Pharmaceutical Benefits Scheme, arising from more competitive priced medicines. ©iStockphoto/AndrewJohnson

Fat trimmed from health budget

A $50 MILLION expansion of the National Bowel Cancer Screening program was included among the health funding announced by the Treasurer.

The expansion will take place over four years with $400,000 in 2012-13, increasing to $12.6 million, $13.3 million and $23.4 over the ensuing years.

The government managed to find savings of $343.5 million in health over the forward estimates.

A saving of $163.5 million was made to the Pharmaceutical Benefits Scheme, arising from more competitive priced medicines, while changes to the Medicare Benefits Schedule safety net, including reducing opportunities for practitioners to charge excessive fees, will save $96.5 million over four years.

A saving of $83.5 million will be achieved by, among other steps, ceasing the General Practice Immunisation Incentive.



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