Mark Cuban taking on Big Pharma is a game-changer. The Cost Plus Drug Company’s transparent pricing model could really disrupt the pharmaceutical industry-and it’s about time.
@@imzjustplayin No bro here’s the thing , it isn’t less ambitious, Earth is slowly dying and instead if fixing it we’re trying to replace it with another planet? We haven’t discovered our oceans and is planning to live on mars? Richest man alive and a youtuber called “ Mat Pat” has donated more to children hospital than him
@imzjustplayin how does mars benefit you or any of us? Genuinely asking, instead of helping earth and society, billionaires are more focused on fleeing to space 😂
This is the most humanitarian push I've heard and seen Mark do within his business ventures and have so much more respect for him now because of this. Tackling a major economical greed of pharmaceutical companies with their true cost of production and sourcing of medication for consumers who need it the most.
People who frequently use profanity tend to be much more honest than most. I can't say I know if I agree with his political views, but he's fkn real and he stands on his beliefs. This is why judging a person with someone else's opinion should not be okay. I'm so glad I watched this. Cuban is once again someone I respect and trust. Not everyone will like this comment and I give very few fks or none at all lol. Thanks.
I don't agree with him on a lot of things but there's no doubting his talent as an entrepreneur and if this is positively impacting health care - let's go.
My native language is not english so I might be wrong, but I think you structured your sentence wrong. The way you structured your sentence implies that you take seriously Trump Supporters opinions.
Mark Cuban shows that you can make money and still do good things in the world. People give propaganda a bad wrap but honestly it's all in how you use it.
@progaming-ok8tq Elon Musks support of some right wing ideas (he just endorsed Germany's AfD party for example) + his sharing of misleading/inflammatory conspiracy theories on X are some things. I'm not super familiar with the details, but I believe it includes some of those things.
Mark Cuban would rather be better off, by staying out of that Mud Slinging contest. Rather not drag fair people down by pitting them against agenda driven hateful voices & their cults.
A key part of this - a lot of HR benefit managers who are supposed to be experts on this type of thing are also laughably not experts in how this stuff works either. Sorry, I’ve worked at too many firms where Hr benefits is a bunch of communications majors with literally zero healthcare background.
Big pharma. What did you expect? Everything goes around money almost everywhere. Look at Boeing after the DC-Boeing merge. 737-max The life of human beings means nothing to them.
we need transparent pricing on all medical . doctors, hospitals every procedure . it will drive down the prices just by showing what they charge. it worked in other areas like air emissions. just publishing the data makes companies reduce their emissions . so just publish all pricing including what insurance companies pay out. that will drive down prices. it should not be proprietary .
Thank you Mark, I just picked up a new med for my husband, fortunately his insurance paid for it, $2325 ! I dio t know a lot of people that could pay for it. What is even more insane, this med has been on the market for a long time and it was filled in generic form. I’m headed to your website to see what the cost is!
Mark I love that you are putting the word out about price transparency. Maybe it seems like nothing but when an industry has consolidated behind price opaqueness then transparency is a huge differentiator. Keep it up.
Giant step in the right direction America, long way to go. Solving the health care crisis by going with universal health care is the goal. Drug companies in US and health insurrance companies will lobying against it but still
To me one of the greatest issues with capitalism is that it relies on the people at the top to choose to do good things for the people at the bottom to not just be screwed over. So long as the American society and economy is still capitalistic, it's at least good that there are some people at the top doing good things.
She defiinitley has a very tongue-in-cheek style of humor that definitely just comes off as being snarky and kinda rude if you're not prone to picking up on it. I kind of liked her here, but a few times I was like "oh no, you can't say that like that on UA-cam, people are going to think you're insufferable 😭"
That's a good idea. When and HOW is the question. Will he make it livable or himself and fk the rest living in half the amenities with shorter lifespan, reliability, functionality and comforts so no one goes insane or misses earth?
The healthcare market is a monopoly. Their prices aren't advertised. They negotiate between themselves what prices they will pay for services and drugs.
Mark Nine Irish Brothers is closed right now . I wish you you could help them open up again. Please ask the Governor and investors to help with it. I know you were there . Thanks.
It's really funny cuz he's literally trying to use capitalism to defeat the big pharma companies by providing prescription drugs at a much lower price to try and out compete these companies or at the very least force them to compete with him by lowering their own prices thereby achieving his goal of letting americans have affordable drugs.
@@ComFurt you're projecting your ignorance. Like saying a dictionary doesn't know what communism is. Ben Shapiro is smart unlike most proponents of communism.
just googled - a pack of paracetamol in the US cost $5 while in thailand cost only 13 baht at the local 7-11 say how much health care is tucked in the US. another thing he mentioned is companies buying up their competitors which reminds me years ago when globalization was a word beginning to hype up & everyone was up for it & the marketing sales pitch was with globalization & free trade everything will get cheaper & in fact it went the other way round as major companies start buying up competitors and reducing competition which ultimately leads to sky high prices in everything. the idea of globalization was good but done in a wrong way & countries around the world should have laws to prohibit big company buying up competitors.
First of all the answers are pretty simple, pharmacy companies invest money to create. Then sell their product for 10 years , then they can sell it genetically. There is a lot of greed in this industry. What they should be doing selling it until they make back their investment and then it should be reasonably priced.🤷♂️
I'm glad I thought right when it comes to $100 million yachts, private jets, real estate. and the $6 million banana, I tend to argue that a really sensible (or rather valuable) person could have a better idea of what to buy
@@imzjustplayin Musk and Trump. Let's start with thier plan to deport agricultural workers. Now, of course, it's just a guess on my part but I'm expecting that action to raise the price of food here in the US. Likewise thier plan to impose tarrifs which will reduce trade and lower prosperity for most Americans. Neither of these people would be in a position to do this damage if it weren't for the immense wealth they command.
Great move! This is common in most countries as legislation but has never been the case in the US due to profits being far more important than health in the heavily segmented and private driven system. The Us lacks economies of scale (ironically) because of the fragmentation. As Mark shows, his company is large enough to claw back economies of scale. But go somewhere much smaller than the US like Australia, and it’s the government that steps in to negotiate and bring down prices well below even what Mark’s company can. Many US studies into other foreigners system This is why the US sadly still has among the most expensive and overpriced pharmaceutical prices requiring companies like Mark’s to step in. If the US implemented system similar to what all other first world countries already have in place, the US would potentially have the cheapest rather than most expensive pharmaceuticals. Although in a way, the US’s high prices and US citizens are subsidising rest of developed world
5.7 billion in net worth as of 2024. He's well beyond wealth. Though he has a lot of good examples of fairness. I wouldn't call him the most compassionate. Though he works in the world of fact Not fiction so I admire that.
Mark has a strong character and values integrity. Money hoarders are the most deranged people on the planet. There is NO HOPE for their souls. They blew it so big they are going to have to repeat life very differently. I hope it isn’t too hard for them. But it will be hard for them. No silver spoons the next time around. Deep off in Kentucky would be a great new birth place for Donald. Elon should be born to single African mother of black ancestry in the heart of South Africa 😘
Bluesky doesnt "fix" anything, bc theres nothing to fix. They are two different consumer products that offer different experiences. Its good for the market
Well in Germany such important medications are either free if you need it for the rest of your life or a maximum of 5€/prescription. That's the upside of public healthcare I guess. That's the crazies hustle Americans have to participate in ..the private healthcare industry... On the other side, in theory Americans should have a more advanced healthcare system, because it's a business, it has more capital... But like... Is it tho? Is it any better?
Im glad hes putting money to good use for society, if only the rest of the billionaires were like this. Some are so poor all they have is money, atleast mark has a soul.
Bitcoin has more value than gold! says the grifter.. i will take all the gold off your hands and give you àll the bitcoin you want anyday. When the network goes down (like it would in a war for example) ,you go buy food with your crypto....
Why not enable Medicare patients to take advantage of this service? What if patients could opt for a health savings account for parts B and or D? Mark: Do you have any contacts in Congress that can make this happen?
Mark is safe to walk the streets of New York tonight.
Nono, you guys should protect this guy unironically no ?, he's doing so much
@@icecream6256 That's why he's safe
Eccept corporate hitman squash that is 😢
Mark is one of the few rich people who actually want to help.
I mean, if you look him into him, he does tell a lot of tall tales and screwed over a bunch of people in his rise lol either, CPD is great, no doubt
Mark Cuban, is more in touch with reality then most. It is refreshing.
He's definitely not lol. Guy is getting old
@@Alvarezguitarzin comparison to other billionaires. He's not in an ivory tower.
@@Alvarezguitarz Everyone has an opinion most don't agree with.
@@Alvarezguitarz compared to the current king of britain, i say he's ok LOL
@@86LukeM but he's out of touch with reality
"Seriously, How much money do I need?" - A question that no billionaire asks, ever.
If only they did! It’s something I always wonder about…
Mark Cuban taking on Big Pharma is a game-changer. The Cost Plus Drug Company’s transparent pricing model could really disrupt the pharmaceutical industry-and it’s about time.
Nothing Walmart is not already doing.
Timing on this release is WILD
Why?
@a11y09o93 CEO of united Healthcare was assassinated today
Lmao. Crazy coincidence
@@a11y09o93 the ceo of united Healthcare just got shot and killed in broad daylight today after an investor’s day
@@a11y09o93CEO of one of the biggest health insurance companies got assassinated
How much money do I need? I’m not trying to land on Mars is the best dig ever.
@@markedis5902 yet he says the complete about bitcoin
It sounds nice but it basically means he's less ambitious than Elon.
@@imzjustplayin No bro here’s the thing , it isn’t less ambitious, Earth is slowly dying and instead if fixing it we’re trying to replace it with another planet? We haven’t discovered our oceans and is planning to live on mars? Richest man alive and a youtuber called “ Mat Pat” has donated more to children hospital than him
@imzjustplayin how does mars benefit you or any of us? Genuinely asking, instead of helping earth and society, billionaires are more focused on fleeing to space 😂
In the same way getting a man to the moon has helped us so will getting a man to mars.
I heard the CEO of United Healthcare was just denied on some serious coverage!
Surely he could have anticipated lack of coverage, the rate of denied claims have increased up to 9x more in the last 5 years.
Concepts of thoughts & prayers
He'd still be alive if he just went to an in-network hospital, smh
@@Dhi_Bee thoughts will require referral to a specialist, and prayers are out of network, sorry.
Yup, he was given some of his own medicine. Where is the news coverage of all those killed by greedy insurance carriers?
This is the most humanitarian push I've heard and seen Mark do within his business ventures and have so much more respect for him now because of this. Tackling a major economical greed of pharmaceutical companies with their true cost of production and sourcing of medication for consumers who need it the most.
People who frequently use profanity tend to be much more honest than most. I can't say I know if I agree with his political views, but he's fkn real and he stands on his beliefs. This is why judging a person with someone else's opinion should not be okay. I'm so glad I watched this. Cuban is once again someone I respect and trust. Not everyone will like this comment and I give very few fks or none at all lol. Thanks.
Everything I've seen about him suggests he is a total phony into it for the hype and media. If he had his way medicine research would end.
What have you done? Hes had a million times more lives saved than you. Da heck u tryna say bishh @mickistevens4886
Real comment and also nice user name lol
@mickistevens4886 always horrid to see you, big pharma
I don't agree with him on a lot of things but there's no doubting his talent as an entrepreneur and if this is positively impacting health care - let's go.
I know a lot of people are against Mark for going against Trump but you have to respect him for helping people get affordable medicine.
It should give them a hint...
I respect him for providing affordable medication AND because he went against trump.
Yeah that's a huge double win
Double win
My native language is not english so I might be wrong, but I think you structured your sentence wrong. The way you structured your sentence implies that you take seriously Trump Supporters opinions.
Mark Cuban shows that you can make money and still do good things in the world. People give propaganda a bad wrap but honestly it's all in how you use it.
God a live "debate" between Mark Cuban and Elon Musk would be special.
what would they even be debating about?
@progaming-ok8tq Elon Musks support of some right wing ideas (he just endorsed Germany's AfD party for example) + his sharing of misleading/inflammatory conspiracy theories on X are some things. I'm not super familiar with the details, but I believe it includes some of those things.
Mark Cuban would rather be better off, by staying out of that Mud Slinging contest. Rather not drag fair people down by pitting them against agenda driven hateful voices & their cults.
A key part of this - a lot of HR benefit managers who are supposed to be experts on this type of thing are also laughably not experts in how this stuff works either. Sorry, I’ve worked at too many firms where Hr benefits is a bunch of communications majors with literally zero healthcare background.
Aren’t there consultants to help them?
These kinds of interviews remind us once again that America is a free country
If it was then people would be free to get whatever medication they need without worrying about money.
2000 dollars to 21 or 35 dollars a month is insane.
Because it's not true. He's comparing old brand name prices to generic prices. You think he's the only company that's selling generic drugs?
Big pharma. What did you expect? Everything goes around money almost everywhere. Look at Boeing after the DC-Boeing merge. 737-max
The life of human beings means nothing to them.
"I'm not trying to land on mars " was cold
Love you, Mark! You are a fantastic human!
Enriching soul and existence.
He values his existence and he appreciates it
Mark Cuban is truly a hero. My only concern is that he’ll make billionaires look good.
he's a capitalist who charges dying people to cure them. He is indeed no angel.
He's a good man.
@@grlnexdoorableNo one is an angel, everyone makes mistake, we don't know what happens in the background. But in my eyes he is the lesser evil
...then tell us what you know? Non of this cryptic BS please
@@grlnexdoorable
As billionaires go hes one of the good ones, everyone has faults.
wish this was longer! great interview, lauren
Im not an American but his Speech: this is America, is pretty strong 👌
we need transparent pricing on all medical . doctors, hospitals every procedure . it will drive down the prices just by showing what they charge. it worked in other areas like air emissions. just publishing the data makes companies reduce their emissions . so just publish all pricing including what insurance companies pay out. that will drive down prices. it should not be proprietary .
Impressive.
Thank you Mark, I just picked up a new med for my husband, fortunately his insurance paid for it, $2325 ! I dio t know a lot of people that could pay for it. What is even more insane, this med has been on the market for a long time and it was filled in generic form. I’m headed to your website to see what the cost is!
Please report back how much it is!
How much is it?
@ $2325.00
@@ritaparsons277 hahahahahahahaha
@ritaparsons277 so it's 2325 under the normal system and 2325 on marks website as well?
Mark I love that you are putting the word out about price transparency. Maybe it seems like nothing but when an industry has consolidated behind price opaqueness then transparency is a huge differentiator. Keep it up.
I can't believe I like Mark Cuban. Never would've guessed ten years ago.
8:35 The shade on that comment….
Giant step in the right direction America, long way to go. Solving the health care crisis by going with universal health care is the goal. Drug companies in US and health insurrance companies will lobying against it but still
Thanks Mark, like gold 🥇
14:18 "Que sera, sera." is for "Whatever comes, comes."
It think it's better to translate "Que sera, sera" as "Whatever will be, will be"
It's funny how at the begining, family friendly, by the end, Mark Friendly
What an awesome powerful and optimistic thing to see. Keep it up 👍!
Love that mark cuban is fighting for honesty in transparency in capitalism
Mark for pres
This is a very entertaining interview 🤣 13:42
Yes it is 😂
They do have some good prices on there. I hope the industry follows
Thank you ❤
US pharmaceutical drugs pricing is insane
It's an interesting interview.
Mark Cuban is that type of guy that still understands the average person no matter what amount of money is in his wallet.
thought we hated billionaires?
Simply thanks Mark
Thank you for everything you do, Mr Cuban!
Such a better pres candidate...
For maybe Haiti?
Are you stoned?
To me one of the greatest issues with capitalism is that it relies on the people at the top to choose to do good things for the people at the bottom to not just be screwed over. So long as the American society and economy is still capitalistic, it's at least good that there are some people at the top doing good things.
Basically Mark Cuban was trying to tell us the Democrats needed more Tim Walz
Cuban did a great job, i was not a fan of the interviewer though.
She defiinitley has a very tongue-in-cheek style of humor that definitely just comes off as being snarky and kinda rude if you're not prone to picking up on it. I kind of liked her here, but a few times I was like "oh no, you can't say that like that on UA-cam, people are going to think you're insufferable 😭"
@ryndtx never seen her before but good point. Was trying to give the benefit of the doubt but it didn't do it for me
Wouldn't say that if she's a man huh
He should start a Health Insurance business ... that would change the world for the better ..
you realize health insurance businesses have to scam people in order to make a profit?
This is hope!
Joined BlueSky. Never heard about it.
I literally got my medicine for 1/3 the cost and I though my meds were already close to the cheapest at Costco!!
Send Elon to Mars on a one way ticket.
Swallow elons nuts harder@@stlrecon2475
That's a good idea. When and HOW is the question. Will he make it livable or himself and fk the rest living in half the amenities with shorter lifespan, reliability, functionality and comforts so no one goes insane or misses earth?
@@stlrecon2475he’s not going to kiss you bro
@@robertlee8805exactly. That’s the plan
@@stlrecon2475how Elons azz taste?
The healthcare market is a monopoly. Their prices aren't advertised. They negotiate between themselves what prices they will pay for services and drugs.
A billionaire who actually has good intentions!
thought we hated billionaires and wanted to steal their money
We need Cuban and his cost plus drugs in Canada to tide us over until we get universal pharmacare up and running, in who knows when.
Rich guy actually doing something good for the people instead of hoarding wealth, as do most millionaires and billionaires out there.
Rich people don't get rich for no reason. Hoarding wealth isn't really an issue as squandered wealth is the only thing worse than hoarded wealth.
Had about 8 nokia ads play on this video, absolutely nuts
Dude I got hit with 2 of them after reading your comment 😂
You cursed me
mark is so great
Thank God for guys like Mark Cuban. I don't mind people making money in Healthcare, just give the ordinary guys a chance!
When I'm old I think I'll just go out early
28:48 real spill
Just start a insurance cooperative that doesn’t need to make profits
It needs to be profitable enough and have money in the bank to be sustainable.
@@andrewcheng1998that's already better than being as predatory as the market allows
@@andrewcheng1998that's already better than being as predatory as the market allows
@@andrewcheng1998yeah but it can be completely in the interests of the customers by like a 15% markup for example
Mark Nine Irish Brothers is closed right now . I wish you you could help them open up again. Please ask the Governor and investors to help with it. I know you were there . Thanks.
Cue video of Ben Shapiro saying Mark is basically now a communist,
It's like you don't understand what communism is.
It's really funny cuz he's literally trying to use capitalism to defeat the big pharma companies by providing prescription drugs at a much lower price to try and out compete these companies or at the very least force them to compete with him by lowering their own prices thereby achieving his goal of letting americans have affordable drugs.
@@imzjustplayin No, it's like Ben Shapiro doesn't understand what communism is, and you don't understand what a joke is :P
@@ComFurt you're projecting your ignorance. Like saying a dictionary doesn't know what communism is. Ben Shapiro is smart unlike most proponents of communism.
Mark is awesome
just googled - a pack of paracetamol in the US cost $5 while in thailand cost only 13 baht at the local 7-11 say how much health care is tucked in the US. another thing he mentioned is companies buying up their competitors which reminds me years ago when globalization was a word beginning to hype up & everyone was up for it & the marketing sales pitch was with globalization & free trade everything will get cheaper & in fact it went the other way round as major companies start buying up competitors and reducing competition which ultimately leads to sky high prices in everything. the idea of globalization was good but done in a wrong way & countries around the world should have laws to prohibit big company buying up competitors.
First of all the answers are pretty simple, pharmacy companies invest money to create. Then sell their product for 10 years , then they can sell it genetically. There is a lot of greed in this industry. What they should be doing selling it until they make back their investment and then it should be reasonably priced.🤷♂️
They take advantage of that concept by tweaking the formula every 10 years this restarting the circle, such as insulin
Not a good interviewer… love him
I'm glad I thought right when it comes to $100 million yachts, private jets, real estate. and the $6 million banana, I tend to argue that a really sensible (or rather valuable) person could have a better idea of what to buy
Good job.
Lol 😅😅 Cuban dropping bombs 😅
If we going to have billionaires, I guess this is the kind we want.
I wasn't aware that billionaires have been making your life difficult. Maybe you should stop associating with them?
@imzjustplayin I can think of a couple of them who will be making all of our lives more difficult.
@@cblse Name one and explain why.
@@imzjustplayin Musk and Trump. Let's start with thier plan to deport agricultural workers. Now, of course, it's just a guess on my part but I'm expecting that action to raise the price of food here in the US. Likewise thier plan to impose tarrifs which will reduce trade and lower prosperity for most Americans. Neither of these people would be in a position to do this damage if it weren't for the immense wealth they command.
Great move! This is common in most countries as legislation but has never been the case in the US due to profits being far more important than health in the heavily segmented and private driven system.
The Us lacks economies of scale (ironically) because of the fragmentation. As Mark shows, his company is large enough to claw back economies of scale.
But go somewhere much smaller than the US like Australia, and it’s the government that steps in to negotiate and bring down prices well below even what Mark’s company can.
Many US studies into other foreigners system
This is why the US sadly still has among the most expensive and overpriced pharmaceutical prices requiring companies like Mark’s to step in.
If the US implemented system similar to what all other first world countries already have in place, the US would potentially have the cheapest rather than most expensive pharmaceuticals. Although in a way, the US’s high prices and US citizens are subsidising rest of developed world
He puts his bran and money power together to do good. Bravo Mark Cuban!. It is altruistic.
This guy should run for democratic presidential nomination in 2028. He's way more progressive than I expected.
Seriously love what he’s doing with the drug industry. Seriously hate his take on why Kamala lost…memes and crypto? Really Mark?
As long as the dems don't know why they lost, it just makes it easier for the republicans to get reelected. Vance will be president in 2029.
They really should add the ivf drugs to their list
I realized I’m not at humanitarian levels yet either, but still got time with aging gracefully
5.7 billion in net worth as of 2024.
He's well beyond wealth.
Though he has a lot of good examples of fairness. I wouldn't call him the most compassionate. Though he works in the world of fact Not fiction so I admire that.
Mark is refreshingly based
Mark Cuban: *_"I’d rather own bitcoin than gold"_* if something bad happens to the economy- *‘I think it has more value’*
Mark has a strong character and values integrity. Money hoarders are the most deranged people on the planet. There is NO HOPE for their souls. They blew it so big they are going to have to repeat life very differently. I hope it isn’t too hard for them. But it will be hard for them. No silver spoons the next time around. Deep off in Kentucky would be a great new birth place for Donald. Elon should be born to single African mother of black ancestry in the heart of South Africa 😘
Love this guy. What positive thoughts and motivation he inspires. Blue Sky? Well will give it a try.
More billionaires need to ask the same question. How much money do I really need?
Bluesky doesnt "fix" anything, bc theres nothing to fix. They are two different consumer products that offer different experiences. Its good for the market
Well in Germany such important medications are either free if you need it for the rest of your life or a maximum of 5€/prescription. That's the upside of public healthcare I guess. That's the crazies hustle Americans have to participate in ..the private healthcare industry... On the other side, in theory Americans should have a more advanced healthcare system, because it's a business, it has more capital... But like... Is it tho? Is it any better?
Thank you for lowering the drug cost. I don't think the Dem lost bc of the bad or ineffective campaigns.
Im glad hes putting money to good use for society, if only the rest of the billionaires were like this. Some are so poor all they have is money, atleast mark has a soul.
i actually wonder how much of your personal money is going into a good cause. probably less than 1% and you expect billionaires to do everything
Hey Mark do Humira/Enbrel/Taltz next thx
Mark Cuban is so much funnier outside of the tank.
Shameless plug for his favorite social network
Bitcoin has more value than gold! says the grifter..
i will take all the gold off your hands and give you àll the bitcoin you want anyday.
When the network goes down (like it would in a war for example) ,you go buy food with your crypto....
bitcoin can be mined using some god level gpu innovation , but gold can't be!!! ,just see google willow
Good luck buying food with the gold too haha. Stock up on food, water and ammunitions is the phrase for a reason, not gold
How do we change big money companies?
Another big money company has to stand up to them.
Why not enable Medicare patients to take advantage of this service? What if patients could opt for a health savings account for parts B and or D? Mark: Do you have any contacts in Congress that can make this happen?
The great mark Cuban Awsome❤️👍💪
And in India the same drug is at 4$😊
My friend with insurance paid 17 bucks for pinkeye drops, i dont have insurance i paid 4 bucks, but the pharmacy said they applied a coupon 😂
29:33 mannn 🫡
Mark Cuban fight to get inhalers cost down, I have to paid $1500 for one inhaler, I have 4 inhalers a day, to stay alive!!!
This video did not deserve to do so poorly
let's hope this trend lasts.
Let's always do alot of good ❤
Nam myoho renge kyo