What does the Budget mean for Health?

We take a look at the impact the Budget has on the health care

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NAB’s view:

  • Public hospitals will benefit from an additional $2.9bn in funding, restoring some of the funding cut in 2014-15.
  • Extending the indexation freeze for the Medical Benefits Schedule (MBS) will impact revenues for health care practitioners, who may pass additional costs to consumers. This could potentially impact demand for services.
  • Announced changes to the dental sector represent a consolidation of existing programs, with a modest contraction in total Federal funding (in contrast to the $1.7bn headline value announced).

For full analysis, download report (PDF, 689KB)