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Australia's health budget tops $132bn for 2022-23 - P4H Network

Australia’s health budget tops $132bn for 2022-23

Australia’s health budget will exceed $132bn for 2022-23, which increased from $62bn for a decade ago due to a rise of healthcare expenditures, the expansion of the pharmaceutical benefits scheme, the Covid-19 response and the addition of $2.3bn over four years for mental health programs. 

$31.4bn has been allocated to medicare expenditures which increased from the previous year, reflecting the increased utilization of doctors and telehealth during the pandemic. 

While the budget of $4.2bn has been allocated to the COVID-19 response, including the national vaccine rollout program, replenishing the stockpile of personal protective equipment, and purchasing rapid antigen tests for residential aged care and high-risk disability care settings.

For more information, read the full news article originally published in The Guardian.

Have anything to say about Australia’s health financing and social health protection? Please leave your comments below.

Picture by Mojito_mak

Reference
29 Mar 2022