Critical Analysis Report: Health Financial Management Assignment

Internal Code: MAS258

Health Financial Management Assignment:

Question: How can costs and consumption be lowered for pharmaceutical drugs in Australia? Note Australia has one of the highest consumption rates for medications of all the OECD countries and that costs of the PBS are significantly increasing each year. Why is this so? What does it cost? What is consumed and here include non-prescribed medications. What are the problems with the Pharmaceutical Benefits Scheme (PBS)?