Latest Allure for Mexico, Caymans Travelers: the Pharmacy

A small but growing number of employers are finding they can save money on high-priced pharmaceuticals by flying their workers to Mexico, Canada, and the Cayman Islands to buy those same drugs at a fraction of the cost.

The practice joins the more established trend of Americans going abroad for dental work and surgery. Only a relative smattering of employers have embraced what is known as “pharmacy tourism,” but state governments are intrigued by it, and it looks likely to grow as specialty drug prices put financial pressure on employers.

Retail prescription drug costs totaled $335 billion in ...