ACT announces policy to close medicine funding gap with Australia

New Zealand's ACT party has unveiled a plan to close the funding gap in medicine spending between New Zealand and Australia, where the latter spends 12.2% of its health budget on medicines compared to just 4.9% in New Zealand. This initiative aims to improve access to medications for New Zealanders and is expected to address disparities in healthcare outcomes. With this move, ACT hopes to enhance the overall quality of healthcare services and ensure that New Zealand matches Australia's level of pharmaceutical investment.