
Can Florida's plan to import drugs from Canada lower costs?
Clip: 1/5/2024 | 6m 11sVideo has Closed Captions
Can Florida's plan to import drugs from Canada lower medication costs?
After years of pressure from states, lawmakers and consumer advocates, the Food and Drug Administration gave the go-ahead to allow a state to import drugs from Canada for the first time. Florida will be allowed to import certain medications in the hopes of lowering prices. Lisa Desjardins discussed what it could mean and whether it will deliver the savings people want with Dr. Stacie Dusetzina.
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Can Florida's plan to import drugs from Canada lower costs?
Clip: 1/5/2024 | 6m 11sVideo has Closed Captions
After years of pressure from states, lawmakers and consumer advocates, the Food and Drug Administration gave the go-ahead to allow a state to import drugs from Canada for the first time. Florida will be allowed to import certain medications in the hopes of lowering prices. Lisa Desjardins discussed what it could mean and whether it will deliver the savings people want with Dr. Stacie Dusetzina.
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorshipthe Food and Drug Administration today gave the## go-ahead to allow a state to import# drugs from Lisa Desjardins looks at what it could mean and# whether it will deliver the savings people want.
LISA DESJARDINS: Amna, Florida plans# to import drugs to treat diabetes,## HIV and hepatitis C, among others.
That would lower state spending for things# like Medicaid and pr Florida officials believe it can save# them as much as $150 million a year.## State proposals to import drugs# finally gained traction in 2020,## after President Trump pushed to# make it easier for states to do so.
The following year, President# Biden issued an executive order## directing federal officials to move forward.
To help assess what this all could# mean, I'm joined b who studies all of this at the# Vanderbilt University School of Medicine.
Stacie, this decision, as we said,## has taken 20 years to get to STACIE DUSETZINA, Vanderbilt University: So I# think this has to be viewed in light of some# substantial challenges, but it is a big step# forward for people who have been interested## in doing drug importation in the United States,# for states who are thinking about this policy.
You could think of it as maybe# a door with multiple locks,## and this is unlocking one of those# first big locks with the FDA suggesting## that there is a path forward for# importation of drugs for Florida.
LISA DESJARDINS: You mentioned all these# locks.
I think we're going to get to those.
One of those I wonder about is who gets# -- who saves money her it will save them, but will this mean# cost savings for patients in Florida?
STACIE DUSETZINA: Not directly.
So one of th and that really focuses squarely on people# on Medicaid, in the state prison systems,## for example.
These are individuals who# usually don't have to pay as much out of## pocket when they're filling their prescriptions,## so it won't exactly provide direct financial# It could potentially have savings# for the state and for taxpayers,## but it really depends on the scope of# how many drugs we're talking about and## how much savings we really do see once you# put in place all of the protections that## are required to get this program off the# ground, which could be pretty substantial.
LISA DESJARDINS: As you're saying, the# details matter here, and it seems simple## at first.
Let's try and import drugs# that are less expensive But how about Canada?
What does Canada# think of this?
Will they go along?
STACIE DUSETZINA: They have historically# not been in favor of this, and have actually## tried to move forward legislation# to prevent some sharing of drugs## or allowing for importation of drugs# to the United States through Canada.
So I think this always is my first question when# historically we have seen this come up a couple## of times over the years, even with the Trump# administration, as you mentioned at the outset,## is, what does Canada think of the plan to import# drugs from Canada?
And often that's a nonstarter.
So this would be another one of those locks# on the door that I don't think has been## solved and really dampens my enthusiasm# for thinking that this would be a way## for the U.S. to save money, for states to# save money any time in the near future.
LISA DESJARDINS: Your enthusiasm may be dampened,## but there are other states that ar right now, we know of eight states at least# that are considering or have made it legal## to try and engage in this sort of program,# and I'm sure many others are considering it.
What you're saying here is that this# doesn't seem like this will affect right## now prices at the pharmacy for most# people.
But could a snowball effect## do that if many more states are able# to somehow bring in drugs from Canada?
STACIE DUSETZINA: I just think# it's highly unlikely that they## will be able to bring in the drugs through Canada.
And maybe one of the things that would be# im are really opposed to this type of importation# plan, because the U.S. pays more than Canada## for those same products from those same# companies.
So manufacturers may limit## the supply of drugs they sell to Canada, where# Canada would then have to take from their own## population's supply if they were going to allow# for importing -- us to import drugs from them.
So it makes me really skeptical, given the# opposition from manufacturers and from Canada,## that these plans would move forward.
There may be# many opportunities for states to look into this,## and I can understand the reason that this# is so popular is that the public really does## view importing drugs -- it seems very clear-cut# that you should be able to get drugs from other## countries, because those prices are lower and# they're the same drugs sold by the same companies.
So, from a political standpoint,## it's a very popular idea.
It's just# very difficult to oper LISA DESJARDINS: At the same time, something else# is happening.
The U.S. is about to be allowed to## directly negotiate with drug manufacturers on a# few drugs because of the Inflation Reduction Act.
How much bigger of an effect could# that have, do you think, briefly?
STACIE DUSETZINA: I think it's# going to be a much bigger effect.
And one reason is, is that, even# though it's in the Medicare program.
Medicare# is a primary payer for prescription## drugs.
It covers older adults and# those with permanent disabilities.
So that ends up being a group of Americans who# use more prescription drugs.
So I think th in total, the negotiations from the# Inflation Reduction Act will be a## cost savings for the U.S. and will lower our# spending on some very commonly used drugs,## which are the target of that legislation.
LISA DESJARDINS: Stacie Dusetzina,# thank you for helpin STACIE DUSETZINA: Thank you so much.
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