Health insurance may be one of the few products people pay for every month while hoping they never have to use it. Billionaire entrepreneur Mark Cuban thinks there might be a better way.
On July 3, Cuban took to X, formerly Twitter, with a proposal that would flip the traditional health insurance model on its head. Instead of Americans paying premiums to insurance companies, he suggested nonprofit hospitals provide care first, then finance whatever patients can’t afford through a zero-interest repayment plan capped at 10% of their income.
