Florida’s Importation Plan: 45% Markup On Canadian Prices Expected To Cover Costs And Produce Savings

Plan will be limited to purchases by state agencies and organizations. Drugs considered eligible for importation include treatments for HIV, multiple sclerosis and epilepsy.

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Florida Seeks HHS Approval To Implement Importation Plan

Florida assumes the prices of drugs imported to the US from Canada would be marked up by 45% to cover expenses associated with sourcing, repackaging, relabeling, testing and vendor costs but thinks the program would still produce significant savings, according to a plan submitted recently to the US Department of Health and Human Services.

Florida estimates it could save $150m per year with its importation plan. The program was developed under state legislation signed...

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