Australians paying double for medicine
A new study, the most recent edition of the Australian Health Review has found that Australians are paying more than Americans for several common medicines.
Study author, Liliana Bulfone from Deakin University, said her analysis comparing dispensed prices for the most commonly prescribed and the highest cost items in Australia with dispensed prices in the United States showed that although a large majority of items are less expensive in Australia than in the United States, Australian prices are higher for a substantial number of products, particularly generic drugs.
“In fact, in some cases Australians are paying more than double the price for their medicines, compared with people in the US,” she said.