The cost of health care is insane in the United States compared to other countries, with...
High-profile businessman Mark Cuban has launched The Mark Cuban Cost Plus Drug Co. — a direct-to-consumer pharmacy that buys generic drugs from manufacturers and sells them to consumers at the cost of ingredients with a 15 percent markup for acquisition, a $3 fee for labor and a $5 fee for shipping.One of the most challenging conundrums in modern American life is the high cost of medical care and prescription medicine, especially compared to other wealthy countries.
Cuban owns the Dallas Mavericks and is a featured investor on the entrepreneurship-related television show “Shark Tank.” His initial fortune came from building and selling tech companies, in particular Broadcast.com, which he sold to Yahoo.com in 1999, netting about a billion dollars for himself. Yahoo’s acquisition of Broadcast.com was considered one of the worst internet transactions of all time after it shut down the service in 2002. Cuban has good timing.
Since Cost Plus does not take insurance, users must compare the all-in cost of their current medications — accounting for their deductibles — to an out-of-pocket cost for this service.My friend Venessa is the only one among my social media networks who replied that she uses Cost Plus, which partly tells me that the Cuban experiment is in its early days.
The monthly cost of Zoloft is $150 to $400, depending on dosage and one’s insurance. Because she is paying out of pocket, Venessa switched to the generic equivalent, called Sertraline, and she buys it from Cost Plus for $8.90 per month. She was pretty excited to tell me about Cost Plus and said she’s told her friends to try it as well.
It is not clear to me — and the company did not respond to my query — how many customers Cost Plus has acquired since January. It launched with a list of 100 generics. Since then, it has expanded to 200 generics, covering 58 medical conditions.
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.
Marjorie Taylor Greene pushes link between medication and mass shootingsThe Republican called for the release of information about any drug use by a man arrested over the Highland Park shootings.
Read more »
Taylor Swift and Joe Alwyn's full relationship timeline | Page Six Celebrity NewsWedding bells may be ringing for Taylor Swift and Joe Alwyn.Despite being very private about their relationship, rumors are swirling that the couple have tak...
Read more »
Dodgers’ Chris Taylor has ‘a small fracture’ in his left footA CT scan revealed the injury suffered when Taylor fouled a ball off his foot during Saturday’s game. It’s unclear how long he will be sidelined.
Read more »
PolitiFact - Marjorie Taylor Greene shared edited image of Highland Park shooting suspectAn image of the Highland Park shooting suspect shared by Rep. Marjorie Taylor Greene is noticeably edited. There’s no evidence it actually shows him 'in jail or rehab or a psychiatric center,' as she claimed.
Read more »
PolitiFact - No, Marjorie Taylor Greene didn’t tweet this on July 4Online search results show a fake Fourth of July tweet credited to Marjorie Taylor Greene appearing on meme websites — but not from any credible sources or evidence that would connect her to it.
Read more »