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PBMs
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Mark Cuban Cost Plus Drugs Begins Manufacturing Critical Meds in Dallas This Week, CEO Says at White House
by Quincy Preston and David Seeley | Mar 6, 2024
On Monday, the online pharmacy's co-founders—Mark Cuban and CEO Dr. Alex Oshmyansky—took part in a White House roundtable on lowering healthcare costs and bringing transparency to prescription drug middlemen. Cuban criticized the industry's business practices, saying these middlemen keep drug prices high and that independent pharmacies can be forced to absorb losses when reimbursed less than the cost of the medications they purchase.
by David Seeley |
Dec 16, 2022
In January, the Mark Cuban Cost Plus Drug Company launched its online pharmacy directly to consumers, aiming to "bypass middlemen and outrageous markups." In October, it partnered with its first U.S. health plan, Capital Blue Cross. Now, by partnering with EmsanaRx, MCCPDC has made its first move into the self-insured employer drug market.
Mark Cuban says EmsanaRx's "technological capabilities to customize to the needs of self-funded employers" will help his startup "bring lower cost medicines to a wider swath of the American public."
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