Minister backs away from medicine co-pay

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Jars of medication

The federal government has added over 650 new and updated drugs to the PBS since it was elected. Source: AAP

AUSTRALIANS can get government subsidies for more than 650 new and updated drugs that have been added to the pharmaceutical benefits scheme since the 2103 federal election.

THE increased number of drugs on the scheme reflects an accelerated listing process, Health Minister Sussan Ley says.

The federal government will invest at least $50 billion in the PBS over the next five years, she said in a statement on Thursday.