Lexchin said Canadian drugs are cheaper because the government regulates the price of generic and brand-name medication.
Canada regulates brand-name drugs through the Patented Medicine Prices Review Board.
The board establishes the maximum price at which a drug can be sold, minus inflation.
Is Canada cheaper than us?
By this measure, the U.S. is cheaper to live in. Canadians receive better social benefits such as healthcare, paid maternity leave and greater subsidization of their post-secondary schools. Both countries generally have around the same annual income. However, the cost of living in the United States is remarkably less.
Can I get a prescription filled in Canada?
Yes, doctors in the U.S. can and do send prescriptions to Canadian pharmacies. Therefore, U.S. prescriptions received by a Canadian pharmacy must be approved by a Canadian physician, who issues a Canadian prescription, prior to it being filled. This practice is often referred to as cosigning.
Do I need a prescription to buy insulin in Canada?
In the United States, you can buy some types of insulin without a prescription. But to get the newer analog insulin on which Type 1 diabetics rely, you need to visit or call your doctor. They see buying in Canada as a short-term emergency measure and a way to call attention to U.S. pricing – not the answer.
Are drugs cheaper in Mexico?
Some prescription drugs are cheaper in Mexico than they are in the United States. Some drugs may be difficult to get locally.