Pharmacy Product Info

Tuesday, September 30, 2008

What does the government currently pay pharmacists?

Currently,the Commonwealth Government makes payments direct to pharmacists for supplying medicines listed on the Pharmaceutical Benefits Scheme(PBS). These payments cover:

* the cost of the medicine
* the cost to have the medicine delivered to the pharmacy by a wholesaler
* a retail mark-up to cover pharmacists costs in storing and handling medicines
* a fee for the pharmacists professional advice and services in dispensing the medicine to the patient.

A separate payment is also made by the government where a pharmacist is required to supply a PBS medicine that is classed as a dangerous drug (for example, morphine injections) or where the pharmacist is required to mix the ingredients for a PBS medicine before it can be given to the patient (for example, antibiotic mixtures for children).

Under the Third Community Pharmacy Agreement, the government also allocated $400 million for various pharmacy programs (for example, support payments for pharmacists in rural and remote areas, and payments for pharmacists to review the medicines being taken by elderly patients in nursing homes to make sure they are taking their medicines correctly).

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