What Florida's planned importation of some drugs means for consumers, Medicare

In early January 2024, the Food and Drug Administration said it would allow Florida to import some medications from Canada, where they are cheaper than buying in the U.S. It is the first U.S. state to import drugs in bulk, and has raised both acclaim and concern.

Stacie Dusetzina, PhD, Professor of Health Policy, explains with CBS News how this policy can impact Florida taxpayers and who stands to benefit most from the expected lower prices of some certain drugs.