[nomadking]

Originally Posted by Angua

How the US trade deal undermined Australia’s PBS (Pharmaceutical Benefits Scheme).

Australia’s Pharmaceutical Benefits Scheme (PBS) is one of the few pieces of national public health policy with unquestioned democratic legitimacy. It was established by the vote of a majority of citizens in a majority of states in a referendum in the late 1940s.

Sound unfamiliar?


Pharmaceuticals have come a long way and expanded enormously since then. The costs of developing them has increased more than exponentially since then.