Permits import of prescription drugs from certain countries.

This bill allows New Jersey to import prescription drugs from specific foreign countries (like Canada and other nations with equivalent drug safety standards) to lower costs for residents. It requires the Health Commissioner to establish a program within 120 days that designates entities to handle imports, ensures drugs meet FDA safety standards, and focuses on generating significant savings. The program must create price transparency for consumers, develop registration systems for pharmacies and health plans, and set up support resources like a hotline. Directly affected parties include New Jersey consumers, pharmacies, health benefits plans, and healthcare providers participating in the importation program. The bill does not change drug safety requirements but aims to leverage federal approval for cost-saving imports.