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15 Oct 2024 15:26
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  •   Home > News > Business

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise


    Just-released Budget documents reveal advice the 116-million-dollars saved by bringing back prescription co-payments was nowhere near enough to fund the treatments.

    Officials also found the policy would undermine the independent model of drug-buying agency Pharmac.

    The cash for cancer drugs was noticeably absent on Budget day - sparking widespread backlash from patients.

    The coalition later committed more than 600-million-dollars of future spending to boost Pharmac's budget and fund up to 26 cancer drugs.

    © 2024 Newstalk ZB, NZCity

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