ACT's Seymour floats Pharmac funding boost to 12% of health budget — without coalition backing

ACT leader David Seymour wants Pharmac's share of the health budget to rise one percentage point a year, reaching 12% by 2033. New Zealand spends 4.9% of its health budget on medicines; the OECD average is 13.3%. Seymour, the minister responsible for Pharmac, did not seek coalition partners' agreement before releasing the proposal, so it carries no automatic government weight.