No American should endure hardship or worse because they are unable to pay for essential prescription drugs. Even if you are fortunate enough to have health insurance with a low deductible, the high price of prescription medications is increasing the rates that you or your company must pay, making it expensive and difficult to obtain health insurance.
The Cost Plus Drug Company, founded by billionaire investor Mark Cuban, addresses these issues head-on.
“We started Mark Cuban Cost Plus Drug Company (MCCPDC) because every American should have access to safe, affordable medicines. If you don’t have insurance or have a high deductible plan, you know that even the most essential medications can cost a fortune. Many people are spending crazy amounts of money each month just to stay healthy. No American should suffer, or worse, because they can’t afford basic prescription medications. – A letter from Mark Cuban
Mark Cuban’s Weight Loss Secret
Not only has the Dallas Maverick’s owner invested in the pharmaceutical industry, but he also invests in his health. Mark Cuban’s dramatic weight loss has drawn attention, and many people are curious about how he did it. Some speculate he underwent bariatric surgery (a minimally invasive weight loss procedure.) Mark credits his weight loss to a daily exercise routine and dietary changes. He has increased his vegetarian diet and works out six to seven days a week for at least an hour daily. Mark Cuban is constantly working on a deal or exercising, which is only appropriate for a shark.
Cost Plus Drugs
In January 2022, the Mark Cuban Cost Plus Drug Company (also known as Cost Plus Drugs) went live with 100 generic medications accessible for purchase. The company is rapidly increasing its inventory as it works to disrupt the pharmaceutical market and provide consumers with affordable prescriptions. The online pharmacy offers over 800 generic medications at significantly lower costs than most retail pharmacies to treat common illnesses like leukemia. Imatinib, a leukemia medicine with a suggested retail price of $2,500, is available through Cost Plug Drugs for just $14.40. According to the most recent West Health and Gallup study, 7% of U.S. adults, or roughly 18 million people — indicated in June that they had been unable to pay for at least one medication for their household during the previous three months.
Can Mark Cuban’s pharmacy save you money?
The direct-to-consumer business model of Cost Plus Drugs excludes wholesalers, PBMs, pharmacies, and insurers from the equation and decreases medicine costs by 15%, plus a $3 pharmacy fee and a $5 shipping and handling. Despite not accepting insurance, Cost Plus Drugs might still offer the best prices on medication.
How to Minimize the Cost of Prescription Drugs
By comparing prices, consumers can find the lowest prescription costs. Check out free discount programs like GoodRx, RxSaver, and WellRx before your doctor prescribes your next medication to see whether you qualify for a coupon or a discount card.