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7.1. Cost Plus Drugs-discount, Direct sales
Mark Cuban's 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.
Shockingly, in the USA, it’s not unusual for disadvantaged populations to suffer from rampant outbreaks of hookworm. Normally the drug prescribed for hookworm, Albendazole, can cost as much as $500 per course, making the drug out of reach for many in need. So we started off by donating more than 10,000 tablets of Albendazole to cure parasitic infections in the most affected areas of the southern US.
Our goal is to dramatically reduce the cost of drugs like Albendazole, but we also think that it is just as important to introduce transparency to the pricing of drugs so patients know they are getting a fair price.