New Mexico, Maine, Vermont and New Hampshire have passed similar programs.
AUSTIN (CBSNewsTexas.com) – The Lone Star State could soon look to our neighbors to the North to save Texans money on their prescription drugs.
On Wednesday, the Texas House approved House Bill 25 nearly unanimously, 144-1, that would create a program allowing certain drugs to be imported from Canada.
It must still be debated and approved by the Texas Senate.
Kelly Anderson of Dallas hopes a new bill will become law and that would save her and other Texans money on prescription drugs. “That would be absolutely amazing.”
She told CBS News Texas she and her husband must spend thousands of dollars on medications to treat her asthma. “So, until I meet my out-of-pocket deductible, which is $8,000, until then, I have to pay for everything out-of-pocket.”
Both Democratic and Republican lawmakers who wrote and pushed for the bill held a news conference at the Texas Capitol Wednesday morning.
Representative James Talarico, D-Austin, who authored the bill said, “Texans paid twice as much as Canadians for their prescription drugs. We can help ensure that Texans can afford the prescription drugs they need for themselves and for their families. This bill is about saving lives.” more
Why not Mexico too?
Firstly, what part of “out of pocket deductible” did Kelly Anderson of Dallas not understand?
Secondly, anything Texas can do to lower the price (of the very expensive scripts Mr. Matt needs) has my approval.
Thirdly, I find this whole situation completely absurd considering Canada cannot even procure otc meds “for the children”. SMDH!
https://financialpost.com/news/economy/why-canada-ran-short-of-childrens-tylenol-and-why-it-could-happen-again
https://globalnews.ca/news/9301717/canada-childrens-tylenol-imports-differences/
https://www.ctvnews.ca/health/u-s-drugmaker-genexa-to-send-children-s-pain-and-fever-medication-to-canada-1.6277284
Canadian prescription drugs are cheaper because Canada has price controls.
Drug makers make up their Canadian losses by increasing the price everywhere else.
Artificial price controls cause shortages.
Somebody take ECON 101, please.