The use of medicinal cannabis in Australia has become widespread, particularly for treating chronic pain and other medical conditions. But many patients who want to use it are worried about the costs related to this avenue of treatment
Due to the non-inclusion of medical cannabis products under the Pharmaceutical Benefits Scheme (PBS) in Australia, patients are expected to pay for their medicinal cannabis treatment out of pocket.
A number of factors influence the total cost:
1. Product Type
The range of medicinal cannabis products includes oils, capsules, sprays and dried flowers
Each form has different pricing:
Typically, the cost of a month’s worth of oils and tinctures ranges from $100 to $300.
Depending on the brand and dosage of the capsules, their prices are often similar to those of oils.
Dried flowers can be purchased for between $10 and $25 each, with monthly charges based on the prescribed quantities.
2. Dosage and Frequency
The amount charged for medicinal cannabis is determined by the recommended dosage and frequency of consumption. More frequent use or higher doses will undoubtedly result in higher costs
3. Consultation Fees
Obtaining medicinal cannabis requires patients to seek advice from a medical professional. These consultations may incur different fees:
Cost of initial consultation varies from $150 to $300, depending on the clinic.
Follow-up visits cost between $80 and $150.
4. Brand and Supplier
Pricing varies widely from supplier to brand.
Does any financial assistance or subsidies exist?
The PBS currently does not cover the medical marijuana – but there are several ways patients can keep costs down:.
1. Compassionate Access Schemes
Certain manufacturers and suppliers have compassionate access programs. Eligible patients, who may be struggling financially or have severe medical conditions, can receive discounted products through these schemes.
2. Private Health Insurance
Private health insurers may occasionally cover a portion of the consultation fees or prescriptions. Make an appointment with your provider to determine if you qualify.
3. Tax Deductions
Australian taxpayers can claim tax deductions on medical bills for chronic conditions. To claim eligible expenses during filing season, it is important to safekeep receipts for medicinal cannabis products and consultation services.
How to make the cost of medicinal cannabis more affordable:
1. Shop Around for Clinics
The fees for consultations and follow-ups vary depending on the clinic. Find a clinic that offers quality services at an affordable price through comparison.
2. Ask Your Doctor about Cost-effective Treatments
Doctors are able to prescribe the right dosage and products for you. For example: Lower prices may be achievable by selecting products with more CBD content.
3. Buy in Bulk
Where your prescription allows, purchasing larger quantities at a time can lead to reduced costs per unit. Enquire with your pharmacist regarding possible discounts.
4. Look for Loyalty Programs
Repeat customers can benefit from loyalty programs or discounts offered by certain clinics and dispensaries. Check with your provider if they have any offers or memberships.
5. Combine Therapies
Saving money can also be achieved by using medicinal cannabis alongside other complementary therapies, such as physiotherapy or acupuncture.
With proper planning and support, medicinal cannabis can be an affordable and transformative treatment option. For personalised treatment and compassionate guidance, consult a trusted clinic like Zenith Clinics who can assist you with any questions you may have about this healthcare option.
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