PBS price reduction: What the lower co‑payment means for you – Fact sheet

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PBS price reduction: What the lower co‑payment means for you – Fact sheet

This fact sheet explains the reduction of the PBS patient co‑payment to $25 for Medicare card holders and the continued $7.70 cap for concession card holders.

It outlines how the PBS works and how the changes make medicines more affordable.

Organisation:: Australian Department of Health, Disability and Ageing
Topic:: Australia's healthcare system
Target audience:: General
Service area:: National
Published:: January 2026
Last reviewed:: April 2026

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PBS price reduction: What the lower co‑payment means for you – Fact sheet

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