Yet the same shopping list of common prescription drugs that seniors might need is much cheaper in Ontario. While some US prescription drugs are close in price to Canadian drugs, others are in a whole different league. Factor in exchange rates, and the difference is staggering. Mohsin Merali at Killaloe's Village Pharmacy says the difference is easy to explain. In Canada, government regulates the costs of drugs, and companies have to abide by costs.
Generics compete with each other to get best price.
In the States, you have no such limitation, they pit one person against another. The insurance companies are fragmented, people are fragmented. That's why there's been a growing number of Americans coming to Canada for prescriptions. This is no easy thing, because they need Canadian physicians to sign prescriptions in order to buy in Canada. And bring your meds when you travel, or you might be in for a nasty surprise.