Cost recovery – annual indexation of fees
Updated information on PBS and NIP Cost recovery is now available. The information below may not be current and is only left here for historical reference.
22 June 2012
The recovery of fees associated with the evaluation and listing of medicines, vaccines and other products or services on the Pharmaceutical Benefits Scheme (PBS) and National Immunisation Program (NIP) commenced on 1 January 2010.
The prescribing regulations that underpin PBS and NIP cost recovery are the National Health (Pharmaceutical and Vaccines—Cost Recovery) Regulations 2009. Part 4.7 of these regulations, provides for the annual indexation of fees based on increases in the Consumer Price Index. The first indexation adjustment of these fees in accordance with the Regulations will take place on 1 July 2012.
Should you have any queries, please contact PBS Cost Recovery at firstname.lastname@example.org.