IPI Policy Basics: Why Prescription Drug Importation Is a Bad Idea (Audio: Podcast)

Published: Nov. 19, 2020, 3:52 p.m.

Importing drugs from other countries was first embraced by Democrats and now by some Republicans as a way of lowering Americans' drug spending. But if there's such a great demand, why has it never worked when implemented at scale? And why won't anyone take FL Governor Ron DeSantis' $30 million offer for a company to implement it in Florida? Hint: It might have to do with Medicare Part D, generic drugs, and the danger of counterfeiting.