ACT Pushes for More Medicine Funding | Auckland News

ACT Party is pushing to dramatically increase Pharmac’s budget—raising its share of New Zealand’s health spending from 5% to 12% by 2033—with one percent annual hikes. Led by David Seymour, who chairs Pharmac, the plan aims to close the gap with OECD averages and clear a backlog of 139 vital medicines waiting for funding. Despite recent health funding boosts, Pharmac received a disproportionately small share, and Seymour argues this is a timely, practical fix to improve access and outcomes for New Zealanders. The move could unlock billions in additional spending by 2033, potentially transforming medicine availability across the country. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/12da3fed3d90f7d6