In Australia, the government has taken many steps to avoid funding ineffective treatments. However, there have been many issues with creating public policy, including lack of evidence for or against many existing interventions.
The term disinvestment in health care is gaining prominence internationally. It relates to the processes of (partially or completely) withdrawing health resources from any existing health care practices, procedures, technologies or pharmaceuticals that are deemed to deliver little or no health gain for their cost, and thus are not efficient health resource allocations. The goal of reducing the use of ineffective technologies or practices has been central to Evidence-Based Medicine (EBM) for well over a decade.
Read more in Aust New Zealand Health Policy via PubMed.