In response to the suspension of elective surgery due to COVID-19 and thesignificant impact this has had on parts of the medical devices industry, theGovernment has agreed to provide a 50 per cent reduction in annual charges forcertain medical devices. The 50 per cent reduction in annual charges will beprescribed for the 2020-21 financial year for medical devices included in theAustralian Register of Therapeutic Goods (ARTG) as Class IIa, IIb, III and AIMDand which are listed prostheses as defined in the Private Health Insurance (Prostheses) Rules (No.1)2020, as in force on 8 April 2020.
No action is required by eligible sponsors as the Therapeutic GoodsAdministration (TGA) will use the published Prostheses List (PL) as in force on8 April 2020 with reference to the ARTG inclusion number to identify thosedevices which will be subject to the reduced charges.These charges are in the Therapeutic Goods (Charges) Regulations 2018
The reduced annual charge would also apply to an ARTG entry where multipleproducts are included in the entry and only some products covered by the entryare listed on the PL.
Sponsors will receive an invoice in August for the 2020-21 annual charges,which will automatically include the reduced charges for such devices.