Reducing costs of medical devices could save government $1billion over four years, say private health insurers

By Dan Harrison
Updated April 25 2014 - 8:13am, first published 7:59am
Reducing the cost of medical devices such as pacemakers could save the government $1 billion over four years. Photo: Guy Magowan
Reducing the cost of medical devices such as pacemakers could save the government $1 billion over four years. Photo: Guy Magowan

The Abbott government could save more than $1 billion over four years if Australian prices for medical devices such as pacemakers and hip joints were brought into line with those paid in other countries, private health insurers say.

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