In a move aimed at providing substantial relief to Texans’ wallets, Canadian pharmacies are preparing to slash the expenses incurred on prescription medications. The Texas House recently granted approval for a bill that enables Americans to purchase certain prescription drugs from neighboring Canada. The bill has now been forwarded to the Texas Senate for debate and final approval.
Online pharmacies, such as Canada Pharmacy, offer American citizens access to medications just like brick-and-mortar establishments, but at significantly lower costs. Canada Pharmacy has disclosed that other states, including Colorado and Florida, are also exploring changes to regulations governing residents’ access to medications. Colorado officials estimate potential savings of up to 65% on prescriptions, while Florida anticipates colossal savings of $150 million through state agencies.
Similar programs have already been implemented in New Mexico, Maine, Vermont, and New Hampshire.
Given that 40% of individuals aged over 65 rely on more than five medications per month for their health conditions, it is estimated that many could save up to $200 monthly, with some individuals saving up to $900, by utilizing this opportunity.
A spokesperson from Canada Pharmacy stated, “The exorbitant prices of prescription drugs in the US are burdening numerous households financially. Patients requiring expensive monthly medications to manage their health conditions could save up to 70% by ordering their prescriptions online from Canada.
“We are a CIPA certified pharmacy. Every individual who approaches us must possess a valid prescription, and every order is dispensed by a licensed pharmacist. The process is identical to that of a customer visiting a pharmacy in person within the US, but at a considerably lower cost.
“The drugs being dispensed in Canada and Mexico are exactly the same, yet US citizens are paying significantly higher prices. This price disparity must be attributed to systemic factors associated with the US pharmaceutical industry. Otherwise, why would such glaring discrepancies exist in medication prices?” the spokesperson added.
Advocates of the bill assert that it has the potential to save lives by reducing the financial burden of essential medications for countless Texans.
For instance, while a single EpiPen in the US costs $265, Texans and other US residents can obtain it for just $91 by ordering from Canada.