Mark Cuban
@mcuban
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Dunking on the pharma industry with @costplusdrugs.com, the lowest prices on meds anywhere. check it out !
Joined September 2008
Just found the old list of patents out IP lawyers for Broadcast com were going to file but never got around to under Yahoo. Not saying they all would have been granted, but if you ever need prior art in this area, here you go lol. Potential https://t.co/VGxQbIXQEJ Patent
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If you buy from one of these pharmacies , https://t.co/AaMuKylP1z , we pay them a $12 fee for their service. And always ask for the cash price prior to showing your insurance card
teamcubancard.com
Team Cuban Card
@mcuban The question is how do we save pharmacies from PBMs man. The world pf pharmacy will die soon if something is not done. The only pharmacy left will be cvs amd thats because of cvs caremark being a PBM. Which should be illegal to begin with
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This will help you understand why the big PBMs are bad. You can go to https://t.co/jkoJoin92G and buy a GLP1 for under $500 and falling. It's cheaper, because no PBM is involved Your company, uses a big PBM for your pharmacy benefits. It charges your company $1300 for a
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The big PBMs collude with the biggest drug wholesalers to price everything relative to the retail price of the drug. They price many of the fees, rebates, services and more they each offer as a percentage of that retail price. So the higher the price , the more they make
@mcuban Mark, fair to say that it works this way for many drugs and that the PBM’s base the price sharing off of the more expensive price point so that people with big deductibles are paying more? The sick are paying more. That’s sick, in and of itself.
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@mcuban I post this as often as possible. My chemo drug was going to cost me $750 a month thru my employer sponsored insurance, $350 cash at Walmart and $35 at CostPlusDrugs. Make it make sense.
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This will help you understand why the big PBMs are bad. You can go to https://t.co/jkoJoin92G and buy a GLP1 for under $500 and falling. It's cheaper, because no PBM is involved Your company, uses a big PBM for your pharmacy benefits. It charges your company $1300 for a
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Mark Cuban (@mcuban) does a great job explaining how middlemen pharmacy benefit managers (PBMs) drive up the cost of prescription drugs for Americans, thus setting up the need for Congress to pass reforms Cuban: The US has the highest drug prices in the world "because we are the
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Mark Cuban implores #employers to consider cash pay, simplify contracting https://t.co/YwtEZ84Dgf via @FierceHealth #PriceTransparency #DrugCosts #PBMs @mcuban
fiercehealthcare.com
In a virtual fireside chat on Tuesday with Scripta Insights CEO Eric Levin, Mark Cuban spoke passionately about the potential of simplified contracting and cash pay. | In a virtual fireside chat on...
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What does @mcuban see in the future of AI — and why is it exciting him less and less? He joins @kaliouby to discuss spotting opportunities early, backing bold AI startups, and whether we’re in an AI bubble — plus what still isn’t impressing him. Watch: https://t.co/hbJ6r71pX9
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🎉 New prices are LIVE with Team Cuban Card and we are just getting started! Transparent pricing you can check before you walk through the pharmacy door, all while supporting the local teams who care for your community every day. ➡️ Download your Team Cuban Card at
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We offer injectibles and more, at far lower prices , to hospitals and clinics. https://t.co/O7z6zDFctR
business.costplusdrugs.com
Cost Plus Drugs is reducing medication prices for healthcare businesses across the country.
Group Purchasing Organizations=hospital supply middlemen who collect kickbacks from manufacturers. Kickbacks drive up the cost of supplies. For example, a metal surgical screw that costs $1 online can cost $800 under a contract between a hospital and GPO. No wonder hospital
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Let me introduce you to @DwightPowell33 and @DwightsFace Face off tomorrow in Miami 😂😂😂
Erik Spoelstra: "But I want to see how many times he (Pelle Larsson) gets hit in the face, per game. It's gotta be number 1 in the league."
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For everyone who says "why not medicare4all" or Universal Health Care , other countries do it " Here are some considerations taken right from @BernieSanders proposal legislation
Your M4A plans has issues bernie. Goals is good. Particulars, not so much. 1. Everything is at the discretion of the sec of HHS. Including the drug formulary. And what is a medical necessity. How would that be working right now ? (p31) 2. Any provider can choose not to
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Curious what healthcare geeks think about the idea of a short-term response to the ACA premium subsidies discussions: put $100 per month into an HSA that can only be used for a Direct Primary Care monthly subscription, and the balance of the expected subsidies to be used as
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The point is that the subsidies would continue , minus $100 that you would use for a primary care doctor. If put in place, your premiums wouldn't be going up and you would have a primary care doctor outside the insurance system
@mcuban My non-subsidized silver suitcase plan (being replaced by a lesser plan) went from $1300 a month to $1900, just me! I don’t see how any hsa would help in a catastrophic diagnosis situation. I carry expensive insurance to protect my family finances. How would any of this help?
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I'm good with it being available for any PC that is capitated
@mcuban In this scenario, what happens for patients with existing PCP relationships, where PCP is not currently part of DPC & is wholly “owned” (employed) by a large health system? I’d imagine (having worked at those systems) it’d take years to get them on-board with this type of change.
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@mcuban Interesting angle. Making DPC the default monthly spend could actually shift behavior without changing the whole system overnight
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Curious what healthcare geeks think about the idea of a short-term response to the ACA premium subsidies discussions: put $100 per month into an HSA that can only be used for a Direct Primary Care monthly subscription, and the balance of the expected subsidies to be used as
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You guys don't understand how good Cooper Flagg is going to be
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