This is really quite incredible. I see no reason why this won’t work and explode. Hopefully this is the beginning of the end of big Pharma.
@Os Trigonum @basso I understand that YOUTUBE IS NEW TO THE D&D BECAUSE ALL OF YOU WATCH CABLE TV WITH COAX CABLES CONNECTED TO YOUR RCA TVs but it's pretty good, you can view ANY topic in ANY language like this @Jontro 4k LG OLED 4 LIFE @Ziggy
I want to help you brother on this topic, Because this is the D&D and this guy isn't Tucker Carlson or Jon Lemon @Os Trigonum I will post this Mark Cuban =
I don't know if it will explode. I don't know how Cuban can provide such a substantial discount. If the other markup is 15% he would be losing money because his discount is much lower than 15%. Walgreens and CvS won't lose money to compete
Buying From Mark Cuban’s Pharmacy Could Save Medicare Billions, Study Says The program for seniors could have saved as much as $3.6 billion over one year if it had bought generic drugs from the pharmacy, Harvard Medical School researchers estimate https://www.wsj.com/articles/buying...ions-study-says-11655758800?mod=hp_lead_pos13 excerpt: Medicare’s prescription-drug program could save billions of dollars annually if it purchased generic acid-reflux, cancer and other drugs from a new pharmacy backed by investor Mark Cuban, according to Harvard Medical School researchers. Mr. Cuban, the billionaire internet entrepreneur and owner of the NBA’s Dallas Mavericks, launched his pharmacy in January with an eye toward disrupting the $365 billion U.S. prescription-drug market by sidestepping health-insurers and selling commonly used generic medicines directly to consumers with a transparent, fixed-rate markup pricing model. A group of Harvard Medical School researchers say that Mr. Cuban’s “cost plus” business model could also benefit health insurers, including Medicare, which spent an estimated $115.6 billion on prescription drugs last year, or nearly a third of total U.S. drug spending. The taxpayer-funded health-insurance program for seniors could have saved as much as $3.6 billion over one year if it had used Mr. Cuban’s pharmacy to directly purchase generic medicines rather than the vast network of private insurance plans and retail pharmacies that operate the program, according to the paper published in the Annals of Internal Medicine on Monday. Medicare’s drug program, called Part D, was created in 2003 and prohibits the government from directly purchasing medicines. Instead, private health insurers offer hundreds of different coverage plans around the country that are supposed to compete for patients by offering the lowest possible drug costs. “It’s clear Medicare is overpaying for some generic drugs, and that they could save billions,” said lead study author Hussain Lalani, a primary-care doctor at Brigham and Women’s Hospital in Boston. “There are some serious inefficiencies in the pharmaceutical supply chain.” The analysis highlights inefficiencies in the prescription-drug market that can result in higher costs for consumers and payers, said Stacie B. Dusetzina, an associate professor of health policy at Vanderbilt University Medical Center who studies drug prices and wasn’t involved in the research paper. “We see that Medicare is overpaying because of the complexity of the supply chain with multiple actors,” Dr. Dusetzina said. “We’ve created this behemoth system, and this alternative shows that if you strip out as many of those actors in the supply chain as possible, you can lower prices and still make a profit.” more at the link
