The PBS in a globalised world: free trade and reference pricing.

Title: The PBS in a globalised world: free trade and reference pricing.
Creator: Searles, Andrew
Relation: Australian Health Review Vol. 33, Issue 2, p. 186-191
Publisher Link: http://dx.doi.org/10.1071/AH090186
Publisher: CSIRO Publishing
Resource Type: journal article
Date: 2009
Description: In January 2005 Australia implemented the Australia? United States Free Trade Agreement (AUSFTA). The agreement had placed domestic health policy and the Pharmaceutical Benefits Scheme (PBS) in particular, on the trade negotiating table. At the time Australians were told the PBS would not be undermined, but why was it included in a trade agreement? This article argues that recent reforms to the PBS partially delivered on an issue that the US has compelled its trade negotiators to ensure since 2002: the elimination of reference pricing. In Australia, reference pricing, as used by the PBS, had been credited with obtaining money when buying new medicines.
Subject: Pharmaceutical Benefits Scheme (PBS); free trade; globalisation
Identifier: http://hdl.handle.net/1959.13/1058921
Identifier: uon:16489
Identifier: ISSN:0156-5788
Language: eng
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