DENVER (KKTV) – The state of Colorado has received approval from the Food and Drug Administration (FDA) to import lower-cost prescription drugs from Canada to save Coloradans money on healthcare.
According to the governor’s office, with this approval, the FDA has indicated that the Colorado Department of Health Care Policy & Financing has outlined a plan to import drugs that will reduce costs while ensuring public health and safety.
“Now more than ever, we need to call on drug manufacturers to step up to the plate and stop ripping off consumers with inflated drug costs by putting profits over people,” Gov. Polis said. “Enough is enough.”
The governor’s office said Colorado has been working on its Drug Importation Program since 2019. The program has the potential to save Coloradans $46 million over three years through lower insurance premiums and out-of-pocket expenses, based on the drugs provided through the state’s application. However, the state can work with all willing manufacturers on more than just the selected drugs to bring savings to all Coloradans.
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