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Health

Medicare Guarantee Fund

The Government has proposed the establishment of a Medicare Guarantee Fund (MGF) as a special account to be used to cover the costs of the Medicare Benefits Schedule (MBS) and Pharmaceutical Benefits Scheme (PBS).

Changes to the Medicare system

The Government is reintroducing the indexation of certain Medicare items, providing a fairer price for doctors. Along with this additional funding, the Government will target unusual billings and improve the consistency of administrative arrangements in the system.