Paula Bennett to chair Pharmac as govt commits $6.3b

Former deputy PM Paula Bennett was appointed chair of the Pharmac board on April 28. (Image: Stock)

Mon, 29 Apr 2024

A month ahead of the budget, the government has committed $6.29 billion to Pharmac over the next four years.Associate health minister David Seymour said the funding will resolve a nearly $1.77b "fiscal cliff" for the pharmaceutical management agency.Seymour said Pharmac’s largest-ever budget will ensure “Kiwis are able to access the medicines they need for a fulfilling life”.“Upon assuming the role of associate health minister, I was informed by Pharmac that they were facing a $1.774 billion shortfall over...

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