This podcast episode features Mark Cuban discussing the opaque healthcare industry and his efforts to change it with his company, Cost Plus Drugs. Cuban emphasizes the lack of transparency in pricing and highlights the potential for significant cost savings. He also addresses the challenges facing the country, including education and entrepreneurship. Cost Plus Drugs takes an innovative approach to reducing healthcare costs by negotiating directly with providers and advocating for the elimination of pharmacy benefit managers (PBMs). The episode also discusses the deceptive practices employed by PBMs and the impact on independent pharmacies. The speakers emphasize the importance of transparency and hiring a healthcare CFO. Additionally, the podcast delves into the challenges individuals face when accessing their healthcare claims data and the need for disruption in the education sector. The episode concludes with Cuban discussing the importance of negotiation, entrepreneurship, and the American dream.
