Updated: 12:04 PM MST January 25, 2021
DENVER — The Colorado Department of Health Care Policy & Financing has released the next step in a state plan aimed at lowering prescription drug costs in Colorado by importing drugs from Canada.
The Colorado General Assembly passed SB19-005 in 2019, authorizing the department to seek approval from the federal government to establish a "Canadian Prescription Drug Importation'" program to allow Coloradans access to Canada's lower-priced drugs.
On Monday, the department released an Invitation to Negotiate (ITN) bidding process in an effort to find vendors to help operationalize the program, including aspects of compliance, safety and prescription drug distribution.