A medical practice in Sydney’s south has rejected the government’s incoming bulk-billing initiative, arguing the “promises don’t match the financial reality”.

The $8.5bn Medicare overhaul will take effect this Saturday, allowing all Medicare holders better access to bulk-billing.

Currently, those who with a Commonwealth concession card and children aged under 16 are able to access bulk-billed services at the doctor.

Additionally, the government will introduce its Bulk Billing Practice Incentive Program (BBPIP), giving an extra 12.5 per cent incentive payment that can be split between the GP and practices that sign up for the program.

Anthony Albanese pledged an $8.5bn investment into Medicare in February, after rates of bulk billing began to plummet from 89 per cent in 2020 to 78 per c

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