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Men's Weekly

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How to slash half a billion dollars a year from Australia's drugs bill

  • Written by Jonathan Karnon, Professor of Health Economics, University of Adelaide
imageThe government is paying too much for pharmaceuticals that are no better than their cheaper counterparts. Let's fix that.from www.shutterstock.com

Australia is spending more than A$500 million a year too much for pharmaceuticals because of a little known loophole that allows drug companies to overcharge the government for a wide range of drugs.

The...

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