Health: pharmaceuticals; program for the wholesale importation of pharmaceuticals from Canada; provide for. Creates new act.

Senate Bill 317 authorizes the Michigan Department of Health and Human Services (DHHS) to establish a wholesale prescription drug importation program. This program would allow for the importation of prescription drugs from regulated Canadian suppliers, aiming to reduce costs for Michigan consumers. Before implementation, the DHHS must obtain federal certification and ensure that imported drugs meet U.S. Food and Drug Administration safety standards and are expected to result in significant cost savings. The bill requires the DHHS to contract with a licensed drug wholesaler, develop a registration process for participating pharmacies and insurers, and submit annual reports on the program's operation and cost savings.