Economic benefits of the Vision for general practice and a sustainable healthcare system


Economic benefits of implementing the RACGP's Vision

The RACGP commissioned PwC Australia to model the benefits of implementation of the Vision and prepare a report for publication, Economic benefits of the RACGP's Vision for general practice and a sustainable healthcare system.

PwC estimate conservative direct benefits of implementing the Vision to be in the order of $1.0 billion in 2021 and $5.6 billion over the next five years at a minimum. Additionally, there are 98,000 quality adjusted life years (QALYs) gained in 2021 and 520,000 QALYs gained over the next five years representing billions of additional dollars in economic value to individuals and Australia, beyond the direct savings.