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Budget 2024: $5 prescription fee back in weeks – with some exceptions

someone holding pills in their hand

30 May 2024

One News.

The Government has confirmed universal free prescriptions will be axed in July with the $5 co-payment restored for most New Zealanders.

However, prescriptions will stay free for people with Community Services Cards, people under 14, and people aged 65 and over. The short-lived scheme was first introduced by the former Labour government 12 months ago.

Health Minister Shane Reti revealed details about the change at Budget 2024.

“To help ensure resources are targeted to those who are most in need, the $5 prescription co-payment will be reinstated for people 14 years and over. The resulting savings will help fund ongoing provision of essential medicines,” he said.

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Key issues

HEALTH SERVICES AND SYSTEMS

Covering developments in the provision, funding and organisation of health care services.

EQUITY

Exploring the impacts of the health system on minorities within the population, notably including Māori, Pacifica, Asians and LGBTQI.

DRUGS, DEVICE AND DIAGNOSTICS

Covering prescription medicines and medical devices.

PUBLIC HEALTH

Focusing on efforts to promote health and prevent disease through social and economic interventions.

DIGITAL HEALTH

Exploring the potential digital transformation to provide a more connected and accessible health system.

TE TIRITI

Monitoring how the health reforms and the performance of the health sector uphold Te Tiriti obligations.