Sunday, July 01, 2007

Senior group halting trips to purchase drugs from Canada

From the West Central Tribune (Minn.):
The Minnesota senior citizens' group that for a dozen years organized regular trips north to Canada to buy cheaper prescription drugs may have made its last run.

On Friday, the Minnesota Senior Federation's bus ferried 26 customers to a pharmacy in Winnipeg, where government controls keep prices lower than in the United States.

But a new Medicare drug benefit for older and disabled Americans, plus a stronger Canadian dollar, have slashed in half what had been $1 billion in annual cross-border sales. Half of Canada's 140 or so mail-order pharmacies have gone out of business.

Still, Senior Federation executive director Lee Graczyk said people "are still getting gouged on drug prices." ...more

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