Very helpful tweet from Mark Cuban.

[George II]

If you are looking for lower pricing on your generic drug purchases, go to http://costplusdrugs.com and sign up ! All drugs are priced at cost plus 15% ! Sign up and share your thoughts and experiences with us!

Link to tweet

[MLAA]

1. Just checked one of husband's enablers.

Even though husband has Medicare plus a great supplemental insurance the price on this website is a little less.

[oregonjen]

2. If this is successful, the competition will drive the industry to reduce prices

Let’s hope anyway.

[PortTack]

3. Indeed! I take very little, but every time I use my drug insurance they raise my rates.

I’ll be buying from them if what I need is there

[DENVERPOPS]

6. In reality

if his program is successful, the Pharmacology Giants will delay his shipments, screw up orders, lose orders, etc to obliterate his program.....

It is not just the Pill Boys that can and will do this....if an authorized dealer orders and sells a product to another retailer that is not an authorized dealer, or if a company sells an item for less than the suggested manufacturer's retail price, the Manufacturer does these things to them to curtail and control distribution of their product, and protect their profits. I don't see the control the Pharmaceuticals have over drugs as being any different.....

I am sure that the Pharmaceutical companies have such incredible power, evidenced by the fact that in EIGHT LONG YEARS, Obama did nothing to take on the drug companies to negotiate prices for Medicare patients......

[George II]

14. In your last sentence are you hinting that Obama was in cahoots with the pharmaceutical companies?

[DENVERPOPS]

18. Not at all.

I just can't understand him sometimes................

#1 after all the outright fraud and corruption in the two previous elections, and the voting fraud centered around the EIS voting machines, I figured one of Obama's first things would be sicing the FEC and FBI on it...........

#2 reports at the time of Obama's first days in office said that 20 days in to his first term, he sat down and told the Pharmaceutical industry that if they backed his Obama Health Care initiative, he wouldn't go after negotiating the prices of drugs for medicare.
I don't know if it''s true or not. But there must be some reason for eight years he didn't challenge the Pharmaceuticals over negotiating medicare prices.

Maybe you have some ideas about what I've said! And thank you for your comment.....

I am a big fan of Obama.

I sure hope this forum doesn't start censoring for constructive criticism or discussions about Dem Politicians..................

[George II]

20. In other words, you're "not" but at the same time you are. "Constructive criticism" after....

....he's been out of office for 5 years?

[DENVERPOPS]

21. okay

let's go to current times & events.

The questionable voting machines and voter fraud should be addressed and corrected......

The Dems should go to work on forcing the pharmaceutical to negotiate Medicare Rx prices..........

I guess we will have to wait and see about these matters.

I also feel the need to point out to you that there are countless authors that are still writing books about past presidents and some of those presidents were in office more than five years ago...........

[betsuni]

23. "Congress prohibited Medicare from negotiating directly with drug companies in 2003

when it created Part D under then president George W. Bush." From an article about the Obama administration seeking to negotiate drug prices (that came up when I Googled), but it would have to happen in Congress and Republicans controlled the House for six years. Maybe that had something to do with it.

[DENVERPOPS]

30. What would it take to un-do their prohibition?

I thank you for your information, I am always still learning! What did they do to repeal prohibition????

[betsuni]

31. Prohibition still there. Biden administration has a compromise plan but I have no idea what the vote

situation in Congress is.

[DENVERPOPS]

32. Sorry, I meant

what did it take to repeal the prohibition on alcohol years ago......although that might be different since it was a constitutional set of amendments....

[highplainsdem]

4. I don't need any prescriptions, but kudos to him for doing

this. It'll help a lot of people

[George II]

7. The pressure may already be working in some way. We have four prescriptions between us....

As of last year, one was $2.54 copay per three months, two others were $3.00 each for three months, and the fourth was $20.00 for three months.

On this year's supplemental plan, they premium remained the same ($29 per month each) But we just picked up three of the prescriptions last week - two are now ZERO copay, the other remained $2.54. We'll get the fourth in a week. Curious to see what that winds up being.

[Hoyt]

5. This appears pretty good, especially if one doesn't have prescription coverage.

[Liberal In Texas]

8. Checked yesterday. So far as compared to my insurance

One the same as my insurance.
One higher than my insurance.
One cheaper by about $5/month than my insurance.
Others I'm taking not on their list.

Not really worth it for me.
But I like it that it might help others.

[George II]

9. If one goes to the tweet itself, there are a bunch of responses, mostly positive, with examples....

There was one that's roughly $700 per month that can be purchased for about $6. That's an extreme, but it's going to save a lot of people a lot of money.

My two very very low copays wouldn't help me on his program. Our total right now for four prescriptions is under $23 for three months supply, that's less than $2 each per month (average)

The thing about this program is that it wasn't set up to be a profit making business but to help those with very high prescription bills. No doubt overall, with overhead, etc., he'll be losing money. But that's not his motive, he's already worth $5 billion.

[Cha]

10. Rt TY for the PSA! & Mark

Cuban!

[NanananaFatman]

11. I run a medical clinic...

Yah, they are definitely pocketing more than 15%. In medicine the price is NOT the cost. He’s definitely pocketing some good change and given the economy of scale he can bring to the contracts, it’s not insignificantly.

While a good move, it ain’t single payer.

[Budi]

12. Cuban's capitalism just took a huge bite out of the problem socialists have been selling for 5+ year

It appears Cuban's capitalism just took a huge bite out of the problem socialists have been selling for 5+ years, yet doing nothing about.
At any time anyone of the legislators could have written a bill. They didn't, so a capitalist stepped in & offered a hell of a cost lowering deal.

And this is just the beginning stage of what he will build upon.
More drug choices, merge his plan into our Health Care thus bypassing the middleman, & along with lower prices delivered to you door.

Honestly, looking at some of those price differences, it is a stunning & shameful.

Take the problem head on & do something about it.
It is way past using this as a political trigger word.

Thank you Mr Cuban & wishing your Costplus business a rapid success for everyone.

[betsuni]

13. +1

[Cha]

24. Yes! and TY for your post!

[NanananaFatman]

25. I forecast a different outcome

If one takes this to its logical conclusion we are talking about market consolidation, which will inevitably lead to price changes increases as market cprice Moe tuition and regulation shrinks.

[SKKY]

15. This is Dope AF! I'm telling you, Cuban is someone I would seriously...

...consider voting for if he ran.

[George II]

16. I was thinking that myself. He's a truly down to earth man who hasn't forgotten his roots....

It's corny to say, but he has really lived the "American Dream"!

[Celerity]

22. Cuban wanted the Rethugs to control the Senate.

https://www.theverge.com/21557432/mark-cuban-interview-nilay-patel-decoder-podcast

It depends on what happens with the Senate. Right? A big part of me thinks it will be better to have a Republican Senate, believe it or not, because I think the retribution that would come from Schumer to be Mitch McConnell’s twin would be a negative for the country.

also

Link to tweet

[USALiberal]

17. GoodRX is better than my insurance. Nt

[Takket]

19. +1

my wife has prescription coverage through medicare and we almost never use it. GoodRX everything. it has literally saved us thousands of dollars because the medicare plans pretty much put any modern pricey drug in a high cost sharing tier.

[NanananaFatman]

26. That's a might low bar

Most private insurance is garbage except that for and by the wealthy or well connected.

And public insurance has been starved systematically until it could be drowned in a bathtub.

[George II]

28. This doesn't help me, either. I'm on Medicare with a supplement. But I'm sure a lot of younger....

....people will save a lot of money.

But if this takes off, it probably will affect the prices paid by everyone.

[LetMyPeopleVote]

27. K&R

[dalton99a]

29. Kick