medical threshold
#1
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medical threshold
I know theres a($1,500?) threshold for out of pocket expenses as i always hit that,but ive heard that once you hit a certain amount on scripts the price of them decrease,can anyone confirm that?
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
#2
Re: medical threshold
I know theres a($1,500?) threshold for out of pocket expenses as i always hit that,but ive heard that once you hit a certain amount on scripts the price of them decrease,can anyone confirm that?
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
#3
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Re: medical threshold
Depending on how much money is coming into the household, you could be entitled to a Health Care card for the prescriptions. I can't remember what the income amount is but it's bound to be on the Centrelink site. We were hoping that First Born could have a card but because she's 17 but still living at home she's not. Here's the link.
#4
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Joined: Feb 2007
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Posts: 924
Re: medical threshold
There is a threshold. This is going to be the vaguest advice ever but I got a letter last year as I had had quite a lot of medical expenses saying that I should register for something (can't remember what it was called) which meant that if I reached the threshold things would be cheaper. I definitely went to the medicare office and filled out some form but I can't for the life of me remember what it's called! Go and ask at medicare (I'm not normally a dumb blonde, honest!).
#5
Re: medical threshold
I know theres a($1,500?) threshold for out of pocket expenses as i always hit that,but ive heard that once you hit a certain amount on scripts the price of them decrease,can anyone confirm that?
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
At the moment i pay approx $70 amonth for my compounded thyroid and hormone tablets and approx $30 for my daughters longterm medication,the specialist has now double that dose so in theory i could be paying $60 a month for this.Anyone heard of this?
thx Donna
So if you only use the one pharmacy - they will have a record of how much you are spending...if not - the next time you fill a perscription ask for a saftey net card and your stickers - so you can keep a running total of how much you are spending...when you reach the designated amount, you can claim for your safety net card - which will then entitle you to the reduced price prescriptions until the end of the year!
#6
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Re: medical threshold
I think you may be refering to the 'Safety Net' scheme. It runs per calander year, when (as a family) you reach the set amount (this year it's around $1400) you start paying $5.40 per presciption.
So if you only use the one pharmacy - they will have a record of how much you are spending...if not - the next time you fill a perscription ask for a saftey net card and your stickers - so you can keep a running total of how much you are spending...when you reach the designated amount, you can claim for your safety net card - which will then entitle you to the reduced price prescriptions until the end of the year!
So if you only use the one pharmacy - they will have a record of how much you are spending...if not - the next time you fill a perscription ask for a saftey net card and your stickers - so you can keep a running total of how much you are spending...when you reach the designated amount, you can claim for your safety net card - which will then entitle you to the reduced price prescriptions until the end of the year!
#7
Re: medical threshold
I think you may be refering to the 'Safety Net' scheme. It runs per calander year, when (as a family) you reach the set amount (this year it's around $1400) you start paying $5.40 per presciption.
So if you only use the one pharmacy - they will have a record of how much you are spending...if not - the next time you fill a perscription ask for a saftey net card and your stickers - so you can keep a running total of how much you are spending...when you reach the designated amount, you can claim for your safety net card - which will then entitle you to the reduced price prescriptions until the end of the year!
So if you only use the one pharmacy - they will have a record of how much you are spending...if not - the next time you fill a perscription ask for a saftey net card and your stickers - so you can keep a running total of how much you are spending...when you reach the designated amount, you can claim for your safety net card - which will then entitle you to the reduced price prescriptions until the end of the year!
Safety net can be claimed as a family
#8
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Re: medical threshold
I get more of a % back from medicare(jan to Dec)when i go above the threshold for out of pocket,didnt realise there was a seperate one for scripts.
I also get a rebate back when i claim on tax(july to june) as i usually go over that too.
#9
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Location: Winnipeg
Posts: 1,497
Re: medical threshold
If you have the card and go to different pharmacies they can stick the stickers on there for you. The PBS threshold runs annually same as the other medicare one. Remember you can claim Script costs on your tax offset too so get a tax invoice ( i just get mine printed yearly as i go to the same chemist every time).
The threshold on the Medicare safety net is the $1400.
It all adds up...
#10
Re: medical threshold
There are two safety nets:
PBS Safety Net - Scripts and medication
http://www.medicareaustralia.gov.au/...cripts/pbs.jsp
Medicare Safety Net - doctor and hospital costs
http://www.medicareaustralia.gov.au/.../msn/index.jsp
Then there is the out of pocket expenses you can also claim on tax (i think is $1500)
http://www.ato.gov.au/individuals/co...tent/19181.htm
PBS Safety Net - Scripts and medication
http://www.medicareaustralia.gov.au/...cripts/pbs.jsp
Medicare Safety Net - doctor and hospital costs
http://www.medicareaustralia.gov.au/.../msn/index.jsp
Then there is the out of pocket expenses you can also claim on tax (i think is $1500)
http://www.ato.gov.au/individuals/co...tent/19181.htm
#11
Re: medical threshold
I went well over the threshold last year, imagine I will again this year but didn't realise there was a script one.
#12
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Re: medical threshold
thx for that guys,have just spoken to specialist and he will prescribe one tab but double dose(same cost),i can then use pill cutter ,and hey presto,that,ll save me some money.
Thx for the links guys
donna
Thx for the links guys
donna
#15
Re: medical threshold
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