The Government and Pharmacy Guild of Australia have finalised the Fifth Community Pharmacy Agreement, which will provide better pharmacy services for consumers and a stronger role for pharmacy at the front line of health care.
The Pharmacy Agreement will ensure all Australians continue to have easy access to essential medicines under the Pharmaceutical Benefits Scheme, by providing security and certainty for Australia’s network of 5000 community pharmacies.
Key features and reforms under the Fifth Community Pharmacy Agreement will include:
The Pharmacy Agreement will also continue the rules that determine where pharmacies can be located, and Community Service Obligation arrangements. These arrangements ensure all PBS medicines are made available within 24 hours, no matter where people live.
The Pharmacy Agreement will provide community pharmacy more than $15 billion over five years, to deliver pharmacy services for all Australians.
The Agreement will yield savings of about $1 billion on forecast spending for community pharmacy, helping to maintain the sustainability of the health system.
The Government thanks the Guild, and in particular its President, Mr Kos Sclavos, for its constructive, fair and robust approach to negotiating this Pharmacy Agreement.
The Government and the Pharmacy Guild have signed the Agreement, and full details will be released in the near future in the Budget context.
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