The Pharmaceutical Benefits Scheme (PBS) consumes around 14 percent of total government health care expenditures and has grown substantially in both range of drugs covered, and expenditure since it was first introduced in 1950. Proponents of drug price regulation argue that drug makers raise prices to benefit the value of their stock and invest little of their profits in the development and research of new drugs. Opponents of regulation argue that consumers rely on drug companies to develop new drugs and limiting prices will prevent new lifesaving drugs from being developed.
Statistics are shown for this demographic
Response rates from 245k Australia voters.
91% Yes |
9% No |
87% Yes |
6% No |
2% Yes, and we should socialise medicine and healthcare |
1% No, limiting drug prices would also limit the investment in research and development into new life-saving drugs |
2% Yes, and the government should regulate the price of all prescription drugs |
1% No, but shorten the lifespan of drug patents |
0% No, and the government should never regulate prices of private businesses |
Trend of support over time for each answer from 245k Australia voters.
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Trend of how important this issue is for 245k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@B2R7G982mos2MO
No, instead subsidise those drugs so that they are affordable for patients while pharmaceutical companies retain a financial incentive to develop and produce them.
@B4MFQ9J6 days6D
Yes for life saving but we should investigate why illnesses are increasing and incentivize positive behaviourist via reduction in Medicare levy or tax offsets and pénalisé behavior likely to cause serious illness eg obesity, drug induced illnesses etc. Increase personal responsibility for preventable illnesses.
@B22G8ZN4mos4MO
Only if they make it cheaper. Otherwise, you’re better off just buying from some company than risk increasing prices.
@9SXQY5G8mos8MO
Slightly yes, I believe the government should have regulations that protect consumers. I however don’t agree that they should have full control as the prices set in the free market are important for research by firms.
@Ok8mos8MO
Yes, but the government should provide subsidies to the research and development of life saving drugs
@8RJNF2Q4yrs4Y
No, instead they should offer subsidies and rebates or a loan system like Hechs/Fee-help where you only are expected to pay if your income reaches a suitable threshold.
@8SW4NZC4yrs4Y
the government should invest more money into drug research, and yes regulate prices for life saving drugs, an expensive suggestion sure but ultimately better for everyone.
@8QTK9ZK4yrs4Y
the state governments should
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