PBS and NIP 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 The information below may not be current and is only left here for historical reference.
14 June 2013
The recovery of fees associated with the evaluation and listing of medicines, vaccines and other products or services on the 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 the regulations provides for the annual indexation of PBS and NIP cost recovery fees based on annual increases in the Consumer Price Index.
The second indexation of these fees, in line with the annual CPI increase of 2.5 per cent, will take place on 1 July 2013.
Should you have any queries, please email PBS Cost Recovery. More information can be found on the Cost Recovery, Fees and charges - Frequently Asked Questions page.