The Colorado Section of Health Treatment Plan & Financing has introduced the subsequent move in a point out plan aimed at decreasing prescription drug expenditures in Colorado by importing medication from Canada.
The Colorado Normal Assembly passed SB19-005 in 2019, authorizing the section to search for approval from the federal authorities to set up a “Canadian Prescription Drug Importation'” method to make it possible for Coloradans access to Canada’s lessen-priced drugs.
On Monday, the division unveiled an Invitation to Negotiate (ITN) bidding method in an hard work to obtain sellers to enable operationalize the application, including areas of compliance, safety and prescription drug distribution.
The point out reported whilst the common savings on importable drugs from Canada is additional than 60%, discounts for some drugs are higher than 90%.
“The U.S. pays the greatest prices in the earth for prescription drugs, and we