Question 1

Pharmaceutical Benefit Scheme (PBS)pricing is guided by:&#10;A)mandatory price disclosure.&#10;B)regulatory capture.&#10;C)reference pricing.&#10;D)quantitative set market pricing.

Accepted Answer

Mandatory price disclosure is a key component of the PBS pricing mechanism, ensuring transparency and cost-effectiveness in the pricing of pharmaceuticals.

Question 2

The Pharmaceutical Benefits Scheme (PBS):&#10;A)is a list of medicines that can be legally sold in Australia.&#10;B)is a government initiative that sets the price of medicines.&#10;C)aims to reduce the cost of certain medications to consumers.&#10;D)provides reduced cost medicines to all consumers.

Accepted Answer

The PBS aims to reduce the cost of certain medications to consumers by subsidizing the cost of these medications, which makes them more affordable. It does not necessarily provide reduced cost medicines to all consumers or set the prices of medicines, although it does limit the prices that pharmacies can charge for PBS medicines. Additionally, whilst the PBS does include a list of medicines that can be legally sold in Australia, this is only one aspect of its function.

Question 3

The Safety Net threshold is applied to a family unit regardless of whether the unit consists of an individual,a couple or a family with dependent children.After reaching the Safety Net threshold,general patients pay for further PBS prescriptions at:

A)a reduced price paid to the government by consumers.
B)the concessional co-payment rate.
C)the consumer has no further charge for the remainder of the calendar year.
D)a reduced price paid to the pharmacy by the consumer.

Accepted Answer

After reaching the Safety Net threshold, general patients pay for further Pharmaceutical Benefits Scheme (PBS) prescriptions at the concessional co-payment rate, making medications more affordable for those who have already spent a significant amount on PBS medications within a calendar year.

Question 4

The Pharmaceutical Benefits Scheme (PBS)is part of Australia's broader National Medicines Policy and is designed to:&#10;A)list all of the medicines available to be dispensed to patients at a government-subsidised price.&#10;B)provide timely and affordable access to a wide range of TGA-approved prescription medicines.&#10;C)keep medicines affordable particularly for patients who have several medical conditions.&#10;D)ensure consumer safety and the efficacy of medicines for the purposes of pharmaceutical regulation.

Accepted Answer

The Pharmaceutical Benefits Scheme (PBS) is a government-funded program that provides timely and affordable access to a wide range of TGA-approved prescription medicines for all Australians. It aims to ensure that Australians have access to the medicines they need at a cost they can afford. The PBS is an essential component of Australia's National Medicines Policy, which aims to ensure the safety, quality, and efficacy of medicines. The PBS achieves this by listing medicines that have been assessed as safe, effective, and cost-effective for the treatment of certain medical conditions.

Question 5

New drugs to be added to the Pharmaceutical Benefits Scheme (PBS)are suggested by:&#10;A)the TGA and PBAC.&#10;B)pharmacies.&#10;C)pharmaceutical companies.&#10;D)all of the above.

Accepted Answer

New drugs to be added to the PBS are suggested by the Therapeutic Goods Administration (TGA) and the Pharmaceutical Benefits Advisory Committee (PBAC), who evaluate the safety, effectiveness, and cost-effectiveness of new medicines before they are listed on the scheme. Pharmacies and pharmaceutical companies may provide input, but the decision ultimately rests with TGA and PBAC.

Question 6

The price of a PBS item is set by:&#10;A)the government,based on the wholesale price to pharmacies.&#10;B)the government,based on a price agreed with pharmaceutical companies.&#10;C)pharmaceutical companies,based on the cost of manufacturing the medicine.&#10;D)pharmaceutical companies,based on a price they think is fair.

Accepted Answer

The answer of The price of a PBS item is...

Question 7

The PBS co-payments include:&#10;A)a set price paid to the government by consumers.&#10;B)a set price paid to pharmacies by the government.&#10;C)the difference between the cost of the medicine and the amount the consumer pays.&#10;D)a set price paid to the pharmacy by the consumer.

Accepted Answer

The PBS co-payments refer to the amount that consumers have to pay out of their own pocket for receiving medicines listed on the Pharmaceutical Benefits Scheme (PBS). This payment is made to the pharmacy when the consumer purchases the medicine. Hence, option D is the correct choice. The co-payment amount is fixed by the government, and the price that the pharmacy receives for dispensing the medicine is also fixed. Therefore, options A and B are not the correct choices. Option C is also not the correct choice since it refers to a scenario where the consumer pays a variable amount based on the difference between the medicine's cost and the subsidized amount provided by the government, which is not the case with PBS co-payments.

Question 8

The Pharmaceutical Benefits Scheme (PBS)initially arose as a result of:&#10;A)political decisions after WWII.&#10;B)a government initiative to set the price of medicines.&#10;C)moves to reduce the cost of some medications to consumers.&#10;D)moves to contain the cost of medicines to all consumers in the post-war years.

Accepted Answer

The PBS was introduced in Australia after WWII as a political decision to provide affordable access to essential medicines for the population.

Question 9

The Therapeutic Goods Administration (TGA)determines:&#10;A)which medicines can be supplied on the PBS.&#10;B)which medicines can be supplied in Australia.&#10;C)which pharmacies can supply PBS medications.&#10;D)which consumers can receive PBS medications.

Accepted Answer

The Therapeutic Goods Administration (TGA) is responsible for determining which medicines can be supplied in Australia, based on their safety, quality, and effectiveness. The TGA does not have any authority over the PBS or which pharmacies can supply PBS medications, and does not determine which consumers can receive PBS medications.

Question 10

The Pharmaceutical Benefits Scheme (PBS)benefits consumers by:&#10;A)decreasing the cost of pharmaceuticals.&#10;B)increasing the choice of treatment options.&#10;C)offering generic medicines.&#10;D)ensuring quality of medicines.

Accepted Answer

The PBS primarily benefits consumers by decreasing the cost of pharmaceuticals, making essential medicines more affordable.

Deck 7: The Pharmaceutical Benefits Scheme