If you live in the U.S., you’re definitely aware of the exorbitant prices we have to pay for some prescription drugs.
Many people choose to order their drugs from pharmacies in Canada that sell lower cost prescription medications. While that is a better option than paying full price, it comes with drawbacks. Shipping times can be long or unreliable and are you 100% sure you’re getting the correct drug? Some of the pills come with no markings, making it hard to determine if they are indeed what you ordered.
If you’re searching for lower cost alternatives to expensive medications, there could be a light at the end of the tunnel. Enter: Billionaire Mark Cuban, the owner of the NBA’s Dallas Mavericks and star of the hit TV show Shark Tank.
And the latest venture Cuban’s got under his belt? A new direct-to-consumer company, Cost Plus Drugs, which offers over 100 generic prescription medications at big discounts. Their slogan is: “No middlemen. No price games. Huge drug savings.”
— Zakk Cash (@Zakk_Cash) June 18, 2022
Cuban says, “Everyone should have safe, affordable medicines with transparent prices.”
What Users Are Saying
His vision seems to be making a big difference because Cost Plus Drugs and Mark Cuban trended on Twitter with rave reviews.
One user wrote, “Mark Cuban is gonna make me cry, he really doin what rich people should be doing with their money, connections, and resources.” Another tweet said, “Wow. I take this prescription medicine that costs $360/90 days at Pharmacy. Medicare picks up a portion so my cost goes down to $142/90 days. Mark Cuban’s Cost Plus Drugs price, without insurance? $10/90 days.”
Cuban tweeted that they won’t spend any money on marketing, asking the social media world to help the company spread the word – which allows the company to price at low costs.
How Cost Plus Drugs Works
Although you’ll need to get a new prescription from your doctor or provider, the site is easy to navigate and you can easily place an order for the medication you need.
There’s this medication on Mark Cuban’s company’s website that they’re selling for $39, other companies have been charging $9657 for it. Big Pharma has blood on its hands.
— yoza. (@ashleeybanks_) June 19, 2022
The site posted this letter about their mission:
“We started Mark Cuban Cost Plus Drug Company because every American should have access to safe, affordable medicines. If you don’t have insurance or have a high deductible plan, you know that even the most basic medications can cost a fortune. Many people are spending crazy amounts of money each month just to stay healthy. No American should have to suffer or worse—because they can’t afford basic prescription medications.
“If you are fortunate enough to have health insurance with a low deductible, the high cost of drugs is driving up the premiums that you or your employer pay, making getting health insurance expensive and challenging.
“The Mark Cuban Cost Plus Drug Company takes these problems head on.
“Every product we sell is priced exactly the same way: our cost plus 15%, plus the pharmacy fee, if any. When you get your medicine from Cost Plus Drug Co., you’ll always know exactly how we arrived at the price you pay. And as we grow and our costs go down, we will always pass those savings on to you!”
📉 Our prices just got lower, again!
90-count prices of…
– Amitriptyline reduced by 24-69%
– Spironolactone reduced by 28-46%
– Entecavir reduced by 20-33%
See all 25 items we reduced in price in the image below 👇
— Mark Cuban Cost Plus Drug Company (@costplusdrugs) June 17, 2022
The billionaire started this company in an attempt to rattle the drug industry and to try to put a stop to absurd drug prices.
Cuban says they’ll soon be making medications at “A state of the art pharmaceutical facility in Dallas, Texas where we’ll produce our own high-quality medicines at the lowest possible prices.”
Do you think this will disrupt the pharmaceutical monopoly on overpriced prescription meds? Tell us below!
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