Cheaper medicine for thousands of seniors

November 03, 2022 04:51 PM AEDT | By AAPNEWS
Follow us on Google News:
Image source: AAPNEWS

Thousands of seniors will be able to access cheaper medicines and doctor visits thanks to relaxed income tests for health concession cards.

The Albanese government has delivered on an election promise by increasing the income thresholds on the Commonwealth seniors health card, meaning higher income earners will now be able to qualify for subsidised healthcare and medicines.

From Friday, singles earning up to $90,000 will be able to access the scheme, up from $57,761.

For couples, the threshold has been bumped up to $144,000 rather than $92,416.

The move will benefit an extra 44,000 seniors and cost the federal budget $69.4 million over four years.

"We want to create a better Australia where no one is left behind and no one is held back, and this is particularly true for older Australians," Social Services Minister Amanda Rishworth said.

Health card holders can get discounted prescriptions through the Pharmaceutical Benefits Scheme and bigger refunds for health expenses than what's usually offered through Medicare.

GPs are also encouraged to bulk-bill for cardholders.

The cards are open to anyone over 66 and six months and not receiving a social security pension or benefit.

Former prime minister Scott Morrison promised to expand access to the seniors health card in the lead up to the election. The pledge was promptly matched by Labor.

The seniors health card bill passed the Senate last week.


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK