I have a doctor's prescription to purchase medication for my child at a retail pharmacy. Am I able to use my child's Child Development Account (CDA) to pay for the medication at a retail pharmacy?
From 1 Jan 2026, retail pharmacies will no longer be Baby Bonus Approved Institutions (AIs). As such, parents will not be able to use their child’s Child Development Account (CDA) moneys to pay for purchases made at retail pharmacies. However, CDA moneys can still be used for prescribed medication and consultation fees that are Baby Bonus AIs.
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