Billionaire entrepreneur Mark Cuban's pharmaceuticals startup has tied up with pharmacy benefits manager RxPreferred Benefits, the companies said on Wednesday, in a move to offer lower priced drugs through some employer-backed health insurance plans.
Mark Cuban Cost Plus Drugs provides generic drugs through direct contracts with manufacturers and charges a standard markup on every drug it sells.
Under the partnership, RxPreferred Benefits' customers will have the option to use Mark Cuban Cost Plus Drugs as part of their health insurance plans. "Our partnership with RxPreferred is another step in the direction of bringing transparency to healthcare and lowering drug costs for individuals and families across the country" Cuban said in a statement.
Mark Cuban Cost Plus Drugs in December partnered with EmsanaRx, a nonprofit coalition of nearly 40 companies including U.S. retailers Walmart
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mark Cuban to face questioning under oath over promotion of VoyagerMark Cuban is set to be questioned in February over his promotion of Voyager Digital, as a proposed lawsuit alleges that he used his sophisticated experience to rope in uneducated investors.
Read more »
Mark Cuban says he doesn't need his billions: I'd ‘for sure’ be just as happy with 1% of my net worthAn interviewer asked Mark Cuban if he'd be as happy with just 1% of his $4.6 billion net worth. 'If I had my same family and everything, for sure,' Cuban said.
Read more »
Billionaire MacKenzie Scott Finalizes Second DivorceOne of the world’s richest women has finalized her split from high school teacher Dan Jewett less than two years after they married.
Read more »
Billionaire bitcoin bull Mike Novogratz shares crypto market outlookBillionaire bitcoin bull Mike Novogratz says 2023 will be a year for crypto markets to try and survive, and 'heal and rebuild narrative'
Read more »
Engineer saw how diapers were made, thought she could do better—now she has a $250,000 'Shark Tank' dealYears after leaving her Procter & Gamble job, Amrita Saigal has a $250,000 'Shark Tank' deal for her diaper startup Kudos with Mark Cuban and Gwyneth Paltrow.
Read more »