Mark Cuban, the billionaire “Shark Tank” celebrity and Dallas Mavericks owner, is getting attention again — this time for his Mark Cuban Cost Plus Drug Co., which seeks to reduce prescription drug prices for Americans. A new study finds that Medicare could have saved $3.6 billion in 2020 if it had paid Mark Cuban drug prices.
This finding has been hailed as big news, reflecting the fact that Americans reliably consider prescription drug costs a high-priority issue. CBS reported that Cuban aims to turn the industry “upside down.”
Savings from Cuban’s prices would be welcomed. His website adds to services from Walmart and Costco that sell discounted generic drugs (researchers reported last year that Costco prices also could have saved Medicare billions).
