Cost Plus Drugs is life-changing! I’m a benefits administrator for my non-profit employer. I tell all our employees about CPD - I even help them look up their meds to compare against conventional health insurance, Medicare part D, or whatever coverage they may or may not have. I’ll never forget the first time I looked up a drug on Cost Plus Drugs: one of our retiring employees told me that her cholesterol medication was costing her $300 a month, even with Medicare part D. The price on Cost Plus Drugs for the same dosage? $8.41 for a 90-day supply! Mark Cuban deserves a Nobel prize for bringing change (and humanity) to pharma.
Except only in America are the prices so crazy. I have lived and travelled around the world and just last month i was in the ER in the Philippines recently for an upper respiratory tract infection that gave me a fever of 104 and difficulty breathing. Medication and 7 hours of being in a bed at the ER hooked to machines and with many tests done costs 247 USD. It would have cost well over 10k in the US easily.
I met with an american in Germany at an ophthalmology clinic who came because he forgot his eye medication when he came from the US. He told that the price of the medication directly from the german pharmacy was cheaper than the value of the co-pay he was making for the same prescription!
As an FNP in a clinic and an RN in an acute care hospital, I tell all of my patients about Cost Plus Drugs. I love Mark Cuban for being an agitator and a disruptor in a very corrupt industry.
@@dhekwucieoejdufrepublicans whole goal is to privatize everything, which is why mega corporations have this power in the first place. Not to say Dems aren’t also to blame but cmon man
ICU Nurse for 10 years now in Medical devices, my epilepsy meds were $1100 for three months before I hit my $2500 deductible, $350 with GoodRX but I had to drive 45min. With Cost Plus Drugs I pay $40 for three months and it’s mailed to me, I tell everyone u can about it.
Imagine.. And even with $40 they are still making a small profit but making a huge difference in your life. Thank you for sharing your story. I hope more people will benefit from hearing it.
I'm happy to hear that you are able to afford your meds! Effing drug companies make a killing on meds that are not that expensive because they know they can steal from you because your life is on the line.
Mark Cuban saved my life. Blue Cross decided one day to recategorize the drug I'd been on for years, making it unaffordable to the tune of several hundred bucks a month. CPD gets it to my door for $40.
if it gets too expensive come to scotland and all prescriptions and medication, operations, therapies are free to every user, even visitors, and asylum seekers, and yet we pay less taxes for our NHS than americans pay, and you still have to pay for everything not covered by private insurance. we dont realize how lucky we are compared to americans. or you can always try Canada - they were smart enough to copy us. The USA is the only developed nation NOT TO HAVE a national health service. its the USA ranks about 34th by any measure of health, infant mortality, maternal mortality, clean water, and basically any other measurement.
Glad to hear he's fixing the broken American system and making it as affordable as the rest of the world. It's crazy that insurance is obfuscating the costs, then the government is subsidising it, to such a crazy degree it's making everything in USA the most expensive in the world.
@@diego_villena Mark Cuban’s pharmacy charges $11.90 for a months’s supply of a drug that’s retail cost is $396.00. He hasn’t saved my life like yours, but has made my chronic condition treatable and thereby a tremendous difference in my life. This is life-changing philanthropy and business combined. I am very grateful.
Mark Cuban understands there's nothing wrong with making a profit. However, when healthcare companies are robbing and hurting the people they are suppose to take care of, it's time for something to change. It's amazing he decided to take a stand and started setting up companies helping out others in need. Much respect for Mark and I hope this will start a change in the healthcare industry.
@@andrewflowers6794 It would be more similar if only Nike and Adidas were allowed to make footwear. That's pretty much how the medical industry in the US operates. It's crazy that it's even allowed. America needs some REALLY strong anti-monopolization laws that stop this stuff before the GOP can even rig the tax code and laws to favor monopolizing enterprises.
@@JimmyNuisance America already has extremely strong anti-trust and anti-monopoly laws. The problem is Republicans do not want them enforced and so they have not been enforced properly since Ronald Reagan. We need to pressure them to enforce the laws we already have on thr books. Those laws are what broke up the Bell Telephone monopoly when I was a kid.
@@onelemonadestand Many ultra rich WANT to pay their fair share actually. Cuban might actually be one of them, I'm not sure though. I'm completely with you on power to the people though. So much so that I would support some form of direct democracy. When we make voting a required civic duty or at least a sizeable credit on taxes perhaps, and get rid of money in politics just like Cuban has done in health care, democracy will function as it is intended. The truth though, is that we are not ready for that. There's too much hate and ignorance in the world to just quantum leap to utopia. But I believe we are definitely moving in the right direction, it's just moving a lot slower than the changes to climate and exponential tech growth rate that are happening, which are some of the biggest disruptors of humanity's existence
Wow, Jon is on a completely different level as an interviewer! He pays attention Poses follow up questions that are pertinent. Not just a bunch of pre written drivel. He keeps the guests engaged. A master class.
All true except that in this particular interview, he interrupted Mark Cuban way too much. I was getting really annoyed that he wouldn't let him even finish his sentences. MC seemed to be talking faster and faster, seemingly trying to finish a thought before he got interrupted again LOL.
Couldn't agree more, OP. WAAAAAAAAY too many reporters & interviewers are just listening for their next chance to talk. Stewart listens, and talks about what he heard.
@@epona9166 Imagine you have 25 minutes and want to cram into it as much as possible. Is this a TH-cam only extended version, or does all of it air on CC regular programming... that's probably not how most people watch these shows anyways?
I work in a doctor's office and if Mark can bring change to the healthcare system, I will be forever grateful. I spend way too much time on the phone getting half assed answers and then fighting on behalf of the patient for their coverage.
Living overseas in the UK, I understand how large the profiteering of healthcare & unchecked capitalism is dangerous in the US. Fentanyl addiction isn't a thing here. Get rid of all pharmaceutical advertising and nationalise healthcare. The average prescription here is approximately $11.55 and free if you have to be on medication for the rest of your life or have a life threatening illness. It's not always perfect, but it's so much better than nothing.
At 21:26, Cuban mentions his partner, Alex Oshmyansky. I went to high school with Alex, and he's not only smart AF, he's also one of the kindest, funniest, most genuinely likeable people you'll ever meet. Alex, if you're reading this for some reason: I always knew you'd do something really big to make the world a better place, and I've never been happier to be proven right. Keep sticking it to The Man, my friend! ❤️
Hey Alex Oshmyansky if you're reading this it's your other high school buddy, I've fallen on hard times could you help me out and loan me $100,000 I know that's like nothing to you it's the equivalent of a normal person loaning a dollar.
Looked into Alex's past he graduated college at 18 got his MD at Duke likely before his 21st birthday an got an MD/PhD at Oxford. "Oshmyansky was born in Denver, Colorado into a Jewish family of immigrants from the Soviet Union and grew up in Littleton, Colorado, about 9 miles south of Denver. He attended Dakota Ridge High School in Littleton. Oshmyansky attended the University of Colorado Boulder, graduating at the age of 18 and majoring in biochemistry. He then attended Duke University for medicine. He also completed a DPhil (PhD) in mathematics at St. Cross College, University of Oxford as a Marshall Scholar."
@@netgeek3010 Yep! Alex (or "Osh" as we used to call him back then) graduated high school with enough college credits already under his belt that he was able to essentially skip almost all of his undergrad, and head straight into med school. He's an absolute legend, but he doesn't act like it. If you met him at a bar, you'd definitely get the sense that he's smart, but the more lasting impression you'd get is that he's both wickedly funny and genuinely kind, and that you'd like to have another beer with him sometime.
I think it’s funny that Mark kinda has proven that the conditions in which capitalism is healthy for the consumers is adding transparency. Which is like one of the first things you learn in an Econ course, which is why businesses don’t want markets to be transparent lol.
@@Exisist5151 Transparency can have unexpected effects. When salaries were publicized, workers got jealous of each other, even though some are more valuable than others, and executives began ratcheting up their own salaries astronomically.
A humble billionaire that values time with his family more than "the ring of power." Thank you, Mark and Jon, for a fun, fast paced conversation. I hope Mark becomes a regular on the show. Have a great day!
Don't let him fool you... I foresee a 2028 or a 2032 run by Cuban... He just doesn't want to run against Trump... Cuban knows there's a chance to lose against Trump, someone like Cuban wants a Sure Win...
no such thing as an ethical billionair, to get that much money you need to exploit human life on a massive scale. Don't be fooled by carefully crafted public persona.
@@IVeNoMIIexcept he didn't. He sold a company with early streaming tech to yahoo and flipped that in to an NBA team that just happen to appreciate like crazy due to TV deals.
@@IVeNoMII While our system should not allow for billionaires, individual billionaires can still ”be ethical”, if that even means anything. Hating individuals because they’ve gained from the current system just doesn’t make much sense and changes nothing.
Not the biggest fan of Mark Cuban, but he has his heart in the right place and is funnelling his skills to right causes. This was refreshingly smart discussion and boy have I missed these. I learned a ton! Thank you Jon and Mark!
Not wants to tackle, is doing so. I looked at the website, never heard of it before. Unsurprising in our media landscape. The price savings are literally astounding.
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Drug development that takes federal funding shouldn't be patentable.
I also love love Mark Cuban and Cost Plus Drugs! When it came out I sent them a love letter. I have a medication that I'll need for life and previously it was $30/month. Then went generic and became over $400/mo so I had to order it from Canada for a while (illegally). I went on like this for 2 years, when CP came out my medication was back to $25+ $5 shipping. I can cry how thankful I am to him for doing this. I'm a physician and discuss medications/cheaper alternatives, etc on a daily basis with my patients. Thank you for disrupting a sickening only for-profit-health-care-insurance-system. I went into medicine to care for patients - and Cost Plus Drugs helps me stay in it.
Mark brought tears to my eyes, he is what we need more of, honest business people who know how to change the disgusting greed in this country to fairness. Thank you for making the world a better place!
One of the things I always love about Jon is he's always prepared for the interviews and talks to the interviewee with more than a highlight knowledge of the subject.
I wrote a paper on PBMs for a college course on the economics of healthcare and I was shocked at what I found. They are meant to keep drug costs stable but they’ve done the opposite because, you guessed it - they found it was more profitable to do the opposite. So when the drug manufacturers raise the price of a drug, the PBM charges them a penalty. You would think this discourages the manufacturer from raising prices. Instead, when the PBM collects more fees from the drug manufacturer, rather than recommending that the insurance company remove the drug from their index, they are more likely to recommend keeping it. In other words, that penalty for raising the price acts as a bribe, so drug prices shoot up year after year and the insurance companies raise their premiums to cover it and the patient is stuck overpaying for a drug that may not be the ideal treatment for them but it’s the only one that’s covered for their condition. It’s sick.
Totally agree with you - they have discovered that making the market INEFFICIENT allows them to make money. The whole healthcare industry is rife with that method, and it works because you cannot comparison shop, you can't judge quality well (it is less about the doctor and more about the team taking care of you), and medicine is far too complex for most to understand well. Nearly every individual will seek out higher reimbursement if they can - that's natural. Deliberately obfuscating costs and creating impenetrable systems to maintain that veil of secrecy leads us to spend double the amount of money per patient per year for the same or worse outcomes.
Healthcare for profit has become increasingly expensive and has inequivalent distribution across this Nation (USA) since 1965 and start of Medicare. Then there's the "science" of health insurance INDUSTRY itself. No wonder there are fewer Americans interested in studying Medicine, Nursing and allied health professions in this Nation.
@@nicholasbrowning7410 convert to the Swiss or German health care system and be done with it. Would solve a lot of problems without much job loss. Just Big PBM.
And this is done under the auspices of the successful lobbyist to take full advantage of ACA loopholes. PBMs should be out of this entirely, but then we'd see variations of single-payor systems which the majority of American equate to 'communism' or 'socialism' due to the political decisions made at the expense of people that know nothing about drug costs and access.
Had no idea about his pharmacy till recently… truly inspiring stuff to make expensive drugs affordable for people dying or people trying to fight horrible diseases. He’s a legend.
He's just trying to get into the healthcare market. If he really cared, he'd advocate for universal, single-payer healthcare. But he doesn't. All that matters is the Shark Tank. 🤑
With tech bro's (and DJT incidentally) it's pure hubris... the sense of entitlement is profound. What Mark Cuban appears to have is genuine humility which makes him very rare amongst the 0.1%- love the authenticity. Thanks for getting him on the show.
I used to like Jon Stewart in 2000s but the more I see him now, the more apparent it is that he’s just a clintonite shill. I mean the interview with Hillary and Condoleezza was continuous 🤦🏻 when you remember his constant criticism of Bush’s Iraq.
Id also recommend the interview Stewart does with Bob Iger when Stewart was doing his show on Apple+. Iger is intelligent and, like Cuban, can talk with left-leaning interviewers without looking dumb or evil.
Man I never knew until recently how amazing Mark Cuban is. I knew him mainly from Shark Tank. It's amazing how politically astute he is and it's also inspiring to see a billionaire who actually still has his soul intact. Can't wait to see what he does next to disrupt our BROKEN healthcare system. Cost Plus Drugs looks amazing! Thank you Mark!
My doctor told me to check out Cost Plus for my prescription. I did. I checked 3 pharmacies with the Rx Insurance I have. Cost Plus was $100.00 cheaper without insurance than all 3. Thank you!
@@OuTSMOKEcongrats on the most wildly ignorant thing I've read today. time for me to get off here for the day. and to think, all this time, I was under the belief that my addiction was holding a gun to my head, and now all my problems have melted away, wow!
I've always said the way to have better healthcare for all is by making private pharma companies public. Mark Cuban is my hero for this and eases my heart knowing someone is trying to do something serious with this problem
Mark Cuban gets a pass from the guillotines. He may be a billionaire but he also took on a fight for the people that only a billionaire could take up. Props.
Honestly, would be great goals for anyone who wants to be a billionaire. He retains humanity, despite having that huge power. Maybe he read Superman as a kid and took it to heart. He shoulders the responsibility well.
There are lots of things I don't like about Cuban, but you can't argue against the fact that he is making some real positive impacts in the medical systems of our country.
@maryammosavi269 One of the great billionaires is Mark Cuban with great empathy and integrity. Elon Musk doesn't know empathy or integrity, meaning. He is a disgusting human being. 😡🤬🫣👎👎🤮🤮🤦♀️
Mark Cuban was so cool in my household back in highschool (early 2000s) I'm glad to see he held to be an upstanding and outstanding human being over the decades❤
Remember guys, being the "best billionaire" is a pretty low bar ... If you're using the worst billionaires for reference any person who is not _openly_ psychopathic can seem ethical.
Cost Plus Drugs is such a game changer. No more fighting with my insurance or PBMs or pharmaceutical companies every January. The actual price comparison of a 90-day supply of my MS meds: Your drug cost with us $108.50 You save $19742.11 on your medication Retail price at other pharmacies $19850.61
It's still crazy for me, an Australian, and hearing about the cost of medicine in the US. For a nation that is meant to be the wealthiest, how do you not have a public healthcare system that assists the most vulnerable.
It's „easy“. Make people believe that any form of this kind of support is „socialism“ and that you only have to pick yourself up on your bootstraps and you'll work your way out of the mess you’re in and that it's always been this way in AMERICA and that this is the American way and it’s what made this country great in the first place. Repeat this lie often enough and reach enough people, basically use a platform like Fox to spout this nonsense, and there you go…
I've always liked Mark Cuban, but after watching this interview I have the utmost respect for this man because he is a rarity as far as Tech billionaires are concerned. He is the genuine article and exemplification of what "American Excellence" is all about. He's making money and at the same time has compassion for the everyday working man and middle class. Disrupting our Healthcare System by making everything transparent to have affordable drugs. If more CEOs ran their business like this, we wouldn't have high food, gas and housing prices.
Mark Cuban has helped so many women by making menopause hormone therapy affordable. I tell all of my patients about CostPlus. He is amazing and I love his life philosophy of putting his family first and helping others. ❤ I wish he wasn’t interrupted so often hear because I want to hear more from him! His interview on Trevor Noah’s podcast was excellent.
This is another great example of the talents and mastery of Jon Stewart, to properly balance depth, breadth and laughs in an interview on very important publicly relevant matters. I managed to get informed to a point of wanting to learn more about a couple topics, while also getting humorous engagement. And props to Cuban for flowing along perfectly to deliver insightful points in a very restricted time window for the topics discussed. This whole thing would be a 3 hour conversation normally among friends.
Sounds exactly like President Trump's Executive Order on Improving Price and Quality Transparency in American Healthcare in 2019 that Biden had gotten rid of in 2021 when he took office...
My father started generic store in 2014-15 in Khandesh region of Maharashtra, India, the first in the region and has opened 7 stores since. Doctors would not recommend generics because they get cut from recommending expensive drugs and spread fud, so he started clinics where you get a basic checkup for 25 cents. Today the clinics treats ~60,000 -80,000 people annually. Governments should make it mandatory for doctors to inform patients about generic drugs. We are a middleclass family and even my 93 year old gradmother goes there when she gets cold or is feeling weak. People shouldn't have to suffer simple ailments because of lack of information. Having access to affordable healthcare is a great relief. India is one of the largest exporter of generic medicines to Europe.
I could listen to Jon and Mark talk everyday, all day. Mark has great answers/knowledge/insight/farsight and Jon has great questions because he’s well-read and smart. Mark has his priorities straight focusing on healthcare, it’s a huge racket. A racket might be expected in horse races but not our well being.
That how they should all be because to be honest, non of them can spend all the money they have… it’s about power and saying yours is bigger than theirs like always except that you don’t take any of it in the grave…
Yeah it can happen. You could be a capitalist and still have a heart. It's about the percentage you take for your own pocket. You know cuz the business is going to cost the business. You're going to hire a few workers and you may have to hire a few more, but it's the percentage you take back in terms of salary or bonuses if let's say bonuses as they used to be in stocks were capped salaries as they were. You know started the 20th century all the way to 1980. When the average worker the bottom worker made in comparison to the CEO the CEO would make about 20 times.... Now it's over 200 plus percent and not including stocks and that's how base their salaries on
If he cared about the healthcare industry, he'd advocate for single-payer, universal healthcare. But he can't, because then he's not making a profit off of other people. 🤑
@@williamyoung9401I don't think it's relevant if he doesn't promote universal healthcare. What he's doing with cost plus drugs is still a massive step forward for you guys in the US. it's easier to play into the system and "disrupt" from the inside than promote something that unfortunately (and realistically) isn't coming any time soon.
@@williamyoung9401 A realistic path for some form of universal healthcare in the U.S. is the Public Option. It was supposed to be included in the Affordable Care Act in 2010 but was removed after senator Joe Lieberman threatened to filibuster it.
I gotta shout out this guy, I had internal bleeding two summers ago and no insurance. Without cost plus drugs, I honestly don't know how I would have gotten the medication I needed right. I was quoted, 100s, I got it for 10s. I work hourly paycheck to paycheck and with having to miss work from the procedures. I needed woof. Glad he's disrupting the healthcare industry.It's a racket
Thank you Mr. Stewart for having Mark Cuban on your show to discuss the prescription drug prices and what he is doing with his company to combat the overly high prices consumers pay. Very informative!
Mark Cuban I have to personally thank you for Cost Plus Drugs. I have saved so much money and worry by being able to use this for my maintenance meds. You have also helped so many of my friends and I will be forever grateful to you for that.
Married to a pharmacist for 25 years; he graduated in 1976. Just took a look at the Cost Plus Drugs website. This is phenomenal. Thank you, Mark Cuban. You just earned a new fan. In the '70s and '80s, my husband would come home from work and complain about his customers who were on fixed incomes who were complaining about the prices of their prescriptions going up. His answer? "Well, if you had this illness 20 years ago, you'd be dead. There were no medications for it then. At least you've got some drugs you can take for it now."
As a Gen Xer, I completely agree with Mark Cuban that Gen Z is just plain nicer. Kids today are fantastic and I have a lot of optimism for their generation.
Also Gen X, also impressed with Gen Z, and hopeful for their futures. They know what crumbling infrastructure FEELS like to grow up in, to be in active shooter drills, and what a group of passionate, intelligent, kind people can do to help the world.
Same, Gen Xer with a 20 and 16 y/o, and they are way kinder than we were. I put on in a TV show called Freaks and Geeks that kind of covers how our childhood was in the 80's, and they were both shocked... literally shocked, and kept asking.. were kids really like this when you grew up? Refreshing as fk to hear that.
@@seansmith3058 - Not wishful thinking at all. Kids today are less violent, smoke less, have fewer teen pregnancies, commit less crimes, tend to be more accepting of others, and are more civic minded. Vox did a detailed breakdown of Gen X to Gen Z and found that in nearly every category, Gen Z was objectively better.
Mark Cuban. You are what’s called HONEST! Thank you 🙏. As a teacher who taught 35 years in public schools. I find it refreshing to see people who are passionate about serving their community while also being well off. Thanks 🙏 you for sharing your experience and perspective with others. UBUNTU-A Person is a Person Through Other Persons!
@@ikechukwuobidike9440 I mean with Mark Cuban I want to say not necessarily. Didn’t he jump on a trend of like streaming sports games way way way way way before anyone else thought of doing that? And then he sold early?. Seems fairly clean to me.
Such a great stuard of our citizens in the USA. Mark Cuban is a true patriot selflessly making America Still Great. Thank you John, for having Mark on the show...more please.
I totally agree that Mark is doing great things, but I'm not totally sure I'd call it "selfless." I mean... he's making huge money from Cost Plus Drugs. :) But regardless, I'm all in for what he's doing, even if it makes him tons of money at the same time!
@realzyxtomatic true...Cost Olus is making money. That's what a business is supposed to do. What's important is that it's not an amount of money per customer that is filling the coffers...it's the amount of customers using the brand. The markup is under 20%. Unheard of un retail. Volume makes the difference and human decency makes it selfless.
@@realzyxtomatic when someone has the power to make more money but recognizes the greed demon and says no to it, that's commendable. Profit within reason... I like that a lot. I will add that I hope he's not using it to collect people's personal data to sell as kind of a side business though. Going to have to check it out. Great interview though!
I've always liked Mark Cuban. Level headed, using his wealth but not abusing it, as far as I can see, which isn't that far. But he is open, willing to play along and has open conversations knowing he knows his stuff well enough to get out of any hairy situation. Sitting across from Jon Stewart, that is an admirable approach as Jon is smart AF! Loved the energy and the content!
Sanity? This guy named his mega yacht after Ayn Rand...One of the worst people you could ever idolize. That's who he looks up to, a woman who preached selfishness and racism
Biden dropping out is the most positively disruptive thing ~ globally, in a long time. People, algos, markets, even MAGA... don't know what to do with it! This is the best summary of the AI~poli~techBro situation I have heard! And hints reasonably on the dangers and opportunities. MOAR THIS ❗️
I love Mark Cuban♥️ He’s the epitome of having it all and still be humble and wanting to help others! Money isn’t everything to him. Having a full life, not just money. Enjoying family, and giving back is what really counts♥️That’s an abundant life!
What a quality human being. It’s easy to get frustrated at all the craziness out there so interviews like this are great reminders that there are intelligent, caring people working hard to benefit others out there!
Elon Musk has a transgender daughter who hates him because he won't accept her. He says she was killed by "the woke mind virus." So it's just funny that everyone deadnames Twitter, and he can't do anything about it. Also funny: Musk's _gender affirming care_ in the form of cosmetic surgery and hair plugs.
@@neko6 There are ads from 1982 that I saw three times and are still stuck in my head. If I see a coffee tin... best part of waking up starts playing. 40 years later. Imagine if I saw a catchy tune that day... The Capitol of Ohio is Columbus in my cup.
I am in healthcare, and I'm thankful for Mark Cuban helping patients. It's so frustrating dealing with the prohibitive cost of medication, for the people we care for. Keep up the fight, and know you have the support of the people who apply the bandages, and recommend treatment. Ear drops like Tobradex, and Ofloxacin, or inhalers, nebulizer solutions, and epinephrine have been particularly frustrating. It's wonderful to have a shark working with US caregivers.
we do NOT need any more ego-centered multi-bilionaires .. who squeeze out those middle class / poor kids who will never have a chance for their ideas to come to fruition ... the wealthy should be banned forever .. and taxed at 91% / 50% corp as a start ..
I noticed them using words you never hear on the TV. It's wonderfully refreshing to listen to people with a real vocabulary and the brain power to conduct a proper conversation.
As someone that used to work for an insurance company and then a major pharmaceutical company, Cuban is right on the money. Most HRs don’t know the nitty gritty of their benefit contracts and the insurance companies their employer is covered under actively try to dissuade employees from getting their hands on their insurance contracts. Because knowledge is power and you don’t want your potential claimants having any. Then you have these PBMs that are MASSIVE and who have bought out the industry up and down the supply chain (ex. CVS owns Caremark which does exclusive business with wholesaler Cardinal who also has a medical insurance arm so they force feeding people to their services exclusively by only offering competitive prices within their own ecosystem). Nothing is clearly laid out while prices and available services are intentionally obfuscated. It’s soul crushing, and so deeply entrenched in the American healthcare system that’s it’s a Herculean task to untangle at this point.
I don’t know if it’s direct algorithm meddling as much as it is engagement bait. Nothing keeps us on social media quite like the takes that make our blood boil.
@@doodlefrogo - That is the idea/goal. Keep you seething and hopefully you will choose not to skip ads. If you don't want to see things from Fox news, close your browser and clear cache. Reopen and search for CNN or MSNBC to restart the feeds into their algorithms. Works the same with music videos or movies. If you want heavy metal or hip hop. flush and restart.
Someone else was just sharing the same frustration with me. I knew it was algorithms but, tbh, I didn't know why Elon would want to do such a thing. Now, knowing that there's more of a global presence on there, I'm wondering if he's doing it to force people to engage in discussions and debates about their differing opinions and experiences(?) Idk. Maybe he's really just trying to force his right leaning views onto others but I hope that's not what's going on.
Mr. Cuban. I didn’t like you before because I am a Lakers fan but I have tremendous admiration for you now, with the idea that spending time with your kids and future grandkids is most important to you, among other things. And especially your changed view toward Trump. I am enlightened by you, sir!
What Mark Cuban is doing with Cost Plus Drugs is amazing. Showing transparency and not pricing drugs ridiculously high. That's what health care should look like.
I’ve been in insurance (admittedly commercial not individual) for over 20 years. Freedom of information with comps is one of the best things to enable more efficiencies. Cuban is a saint for this. You have to be this rich to fix it.
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Cost Plus Drugs is life-changing! I’m a benefits administrator for my non-profit employer. I tell all our employees about CPD - I even help them look up their meds to compare against conventional health insurance, Medicare part D, or whatever coverage they may or may not have. I’ll never forget the first time I looked up a drug on Cost Plus Drugs: one of our retiring employees told me that her cholesterol medication was costing her $300 a month, even with Medicare part D. The price on Cost Plus Drugs for the same dosage? $8.41 for a 90-day supply! Mark Cuban deserves a Nobel prize for bringing change (and humanity) to pharma.
Welcome to the Free World
@@JK_Clark Big Pharma is PURE EVIL
Except only in America are the prices so crazy. I have lived and travelled around the world and just last month i was in the ER in the Philippines recently for an upper respiratory tract infection that gave me a fever of 104 and difficulty breathing. Medication and 7 hours of being in a bed at the ER hooked to machines and with many tests done costs 247 USD. It would have cost well over 10k in the US easily.
I met with an american in Germany at an ophthalmology clinic who came because he forgot his eye medication when he came from the US. He told that the price of the medication directly from the german pharmacy was cheaper than the value of the co-pay he was making for the same prescription!
I agree!!! I never knew he was this fabulous!!!
As an FNP in a clinic and an RN in an acute care hospital, I tell all of my patients about Cost Plus Drugs. I love Mark Cuban for being an agitator and a disruptor in a very corrupt industry.
But you still vote Democrat who is funded by the industry 😂.
@@dhekwucieoejduf as if the Repuiblicans arent loool
@@dhekwucieoejduf okay Russian bot!
@@dhekwucieoejduf any chance you know how dumb you are?
@@dhekwucieoejdufrepublicans whole goal is to privatize everything, which is why mega corporations have this power in the first place. Not to say Dems aren’t also to blame but cmon man
ICU Nurse for 10 years now in Medical devices, my epilepsy meds were $1100 for three months before I hit my $2500 deductible, $350 with GoodRX but I had to drive 45min. With Cost Plus Drugs I pay $40 for three months and it’s mailed to me, I tell everyone u can about it.
Imagine.. And even with $40 they are still making a small profit but making a huge difference in your life. Thank you for sharing your story. I hope more people will benefit from hearing it.
I'm happy to hear that you are able to afford your meds! Effing drug companies make a killing on meds that are not that expensive because they know they can steal from you because your life is on the line.
Mark Cuban saved my life. Blue Cross decided one day to recategorize the drug I'd been on for years, making it unaffordable to the tune of several hundred bucks a month. CPD gets it to my door for $40.
❤
@@diego_villena Wow
if it gets too expensive come to scotland and all prescriptions and medication, operations, therapies are free to every user, even visitors, and asylum seekers, and yet we pay less taxes for our NHS than americans pay, and you still have to pay for everything not covered by private insurance.
we dont realize how lucky we are compared to americans. or you can always try Canada - they were smart enough to copy us.
The USA is the only developed nation NOT TO HAVE a national health service. its the USA ranks about 34th by any measure of health, infant mortality, maternal mortality, clean water, and basically any other measurement.
Glad to hear he's fixing the broken American system and making it as affordable as the rest of the world. It's crazy that insurance is obfuscating the costs, then the government is subsidising it, to such a crazy degree it's making everything in USA the most expensive in the world.
@@diego_villena Mark Cuban’s pharmacy charges $11.90 for a months’s supply of a drug that’s retail cost is $396.00.
He hasn’t saved my life like yours, but has made my chronic condition treatable and thereby a tremendous difference in my life.
This is life-changing philanthropy and business combined. I am very grateful.
Mark Cuban understands there's nothing wrong with making a profit. However, when healthcare companies are robbing and hurting the people they are suppose to take care of, it's time for something to change. It's amazing he decided to take a stand and started setting up companies helping out others in need. Much respect for Mark and I hope this will start a change in the healthcare industry.
Ya, there's a difference in the nature of the product between Sneakers and Medicine.
@@andrewflowers6794 It would be more similar if only Nike and Adidas were allowed to make footwear. That's pretty much how the medical industry in the US operates. It's crazy that it's even allowed.
America needs some REALLY strong anti-monopolization laws that stop this stuff before the GOP can even rig the tax code and laws to favor monopolizing enterprises.
@@JimmyNuisance America already has extremely strong anti-trust and anti-monopoly laws. The problem is Republicans do not want them enforced and so they have not been enforced properly since Ronald Reagan. We need to pressure them to enforce the laws we already have on thr books. Those laws are what broke up the Bell Telephone monopoly when I was a kid.
I've only known him from watching Shark Tank and he has always been one of my favorites b/c I sense his sincerity...
So why not advocate and lobby for an European style healthcare system??
Mad respect for Mark Cuban. A billionaire who actually wants to use his wealth and influence to help people.
No, he wants to make money.
@@TheQeltar Correct. It's all about money 💰 🤑 💸
@@TheQeltarcan’t both be true? You can start a company with the intention of both helping people and making a profit
they should still pay their fair share of taxes. democracy doesn't work if the people don't have the power to decide what's important
@@onelemonadestand Many ultra rich WANT to pay their fair share actually. Cuban might actually be one of them, I'm not sure though. I'm completely with you on power to the people though. So much so that I would support some form of direct democracy. When we make voting a required civic duty or at least a sizeable credit on taxes perhaps, and get rid of money in politics just like Cuban has done in health care, democracy will function as it is intended. The truth though, is that we are not ready for that. There's too much hate and ignorance in the world to just quantum leap to utopia. But I believe we are definitely moving in the right direction, it's just moving a lot slower than the changes to climate and exponential tech growth rate that are happening, which are some of the biggest disruptors of humanity's existence
Wow, Jon is on a completely different level as an interviewer!
He pays attention
Poses follow up questions that are pertinent. Not just a bunch of pre written drivel.
He keeps the guests engaged.
A master class.
All true except that in this particular interview, he interrupted Mark Cuban way too much. I was getting really annoyed that he wouldn't let him even finish his sentences. MC seemed to be talking faster and faster, seemingly trying to finish a thought before he got interrupted again LOL.
Couldn't agree more, OP. WAAAAAAAAY too many reporters & interviewers are just listening for their next chance to talk. Stewart listens, and talks about what he heard.
@@epona9166 Imagine you have 25 minutes and want to cram into it as much as possible. Is this a TH-cam only extended version, or does all of it air on CC regular programming... that's probably not how most people watch these shows anyways?
@@epona9166 I was thinking the same thing. Let the man talk.
@@epona9166absolutely. That annoyed me quite a bit.
I work in a doctor's office and if Mark can bring change to the healthcare system, I will be forever grateful. I spend way too much time on the phone getting half assed answers and then fighting on behalf of the patient for their coverage.
Living overseas in the UK, I understand how large the profiteering of healthcare & unchecked capitalism is dangerous in the US. Fentanyl addiction isn't a thing here. Get rid of all pharmaceutical advertising and nationalise healthcare. The average prescription here is approximately $11.55 and free if you have to be on medication for the rest of your life or have a life threatening illness. It's not always perfect, but it's so much better than nothing.
Amen as an MA I bet I speak with BCBS reps more than my own family
@@Ali_D_KattBCBS is the worst!!! More often
On behalf of your patients - THANK-YOU!
Thankfully there are people like you to advocate 👏
At 21:26, Cuban mentions his partner, Alex Oshmyansky. I went to high school with Alex, and he's not only smart AF, he's also one of the kindest, funniest, most genuinely likeable people you'll ever meet.
Alex, if you're reading this for some reason: I always knew you'd do something really big to make the world a better place, and I've never been happier to be proven right. Keep sticking it to The Man, my friend! ❤️
Hey Alex Oshmyansky if you're reading this it's your other high school buddy, I've fallen on hard times could you help me out and loan me $100,000 I know that's like nothing to you it's the equivalent of a normal person loaning a dollar.
This actually warmed my heart.
Looked into Alex's past he graduated college at 18 got his MD at Duke likely before his 21st birthday an got an MD/PhD at Oxford. "Oshmyansky was born in Denver, Colorado into a Jewish family of immigrants from the Soviet Union and grew up in Littleton, Colorado, about 9 miles south of Denver. He attended Dakota Ridge High School in Littleton.
Oshmyansky attended the University of Colorado Boulder, graduating at the age of 18 and majoring in biochemistry. He then attended Duke University for medicine. He also completed a DPhil (PhD) in mathematics at St. Cross College, University of Oxford as a Marshall Scholar."
@@netgeek3010 Yep! Alex (or "Osh" as we used to call him back then) graduated high school with enough college credits already under his belt that he was able to essentially skip almost all of his undergrad, and head straight into med school. He's an absolute legend, but he doesn't act like it. If you met him at a bar, you'd definitely get the sense that he's smart, but the more lasting impression you'd get is that he's both wickedly funny and genuinely kind, and that you'd like to have another beer with him sometime.
This is why we need Medicare for All. Healthcare should not be for profit. It's sickening.
I think it’s funny that Mark kinda has proven that the conditions in which capitalism is healthy for the consumers is adding transparency. Which is like one of the first things you learn in an Econ course, which is why businesses don’t want markets to be transparent lol.
@@Exisist5151 Transparency can have unexpected effects. When salaries were publicized, workers got jealous of each other, even though some are more valuable than others, and executives began ratcheting up their own salaries astronomically.
education for profit. prisons for profit. lobbying for profit. campaigning for profit. renting for profit. religion for profit.
You can have both, that how all succesful universal healthcare systems work
@@krishadyn5211jealously is a personal issue. The fact that people get jealous is not a reason to stop being transparent.
A humble billionaire that values time with his family more than "the ring of power." Thank you, Mark and Jon, for a fun, fast paced conversation. I hope Mark becomes a regular on the show. Have a great day!
Mark Cuban for President PLEASE 🤓
Don't let him fool you... I foresee a 2028 or a 2032 run by Cuban... He just doesn't want to run against Trump... Cuban knows there's a chance to lose against Trump, someone like Cuban wants a Sure Win...
no such thing as an ethical billionair, to get that much money you need to exploit human life on a massive scale. Don't be fooled by carefully crafted public persona.
@@IVeNoMIIexcept he didn't. He sold a company with early streaming tech to yahoo and flipped that in to an NBA team that just happen to appreciate like crazy due to TV deals.
@@IVeNoMII While our system should not allow for billionaires, individual billionaires can still ”be ethical”, if that even means anything. Hating individuals because they’ve gained from the current system just doesn’t make much sense and changes nothing.
Not the biggest fan of Mark Cuban, but he has his heart in the right place and is funnelling his skills to right causes. This was refreshingly smart discussion and boy have I missed these. I learned a ton!
Thank you Jon and Mark!
Wow! an American who wants to tackle drug prices and Health care in the USA? more power to him.
Biden passed the $35 a month cost for insulin. That’s pretty big.🇺🇸💙🌊🌟
american billionaire no less
Not wants to tackle, is doing so. I looked at the website, never heard of it before. Unsurprising in our media landscape. The price savings are literally astounding.
Drug development that takes federal funding shouldn't be patentable.
8:24 @@thephatpanda6141
I've spent 20 years in Big Pharma, so it's refreshing to see someone like Mark giving this status quo-celebrating industry the shake-up it deserves!
What position were you in - in big pharma? Just curious, because the technicians that manufacture the drugs don't make the money.
I also love love Mark Cuban and Cost Plus Drugs! When it came out I sent them a love letter. I have a medication that I'll need for life and previously it was $30/month. Then went generic and became over $400/mo so I had to order it from Canada for a while (illegally). I went on like this for 2 years, when CP came out my medication was back to $25+ $5 shipping. I can cry how thankful I am to him for doing this. I'm a physician and discuss medications/cheaper alternatives, etc on a daily basis with my patients. Thank you for disrupting a sickening only for-profit-health-care-insurance-system. I went into medicine to care for patients - and Cost Plus Drugs helps me stay in it.
Mark brought tears to my eyes, he is what we need more of, honest business people who know how to change the disgusting greed in this country to fairness. Thank you for making the world a better place!
One of the things I always love about Jon is he's always prepared for the interviews and talks to the interviewee with more than a highlight knowledge of the subject.
Yep. It's called journalism. The real one
Agree
Journalism is crying about a very smart and capable billionaire and a president meeting to discuss the country's future? In what world are you living?
I wrote a paper on PBMs for a college course on the economics of healthcare and I was shocked at what I found. They are meant to keep drug costs stable but they’ve done the opposite because, you guessed it - they found it was more profitable to do the opposite.
So when the drug manufacturers raise the price of a drug, the PBM charges them a penalty. You would think this discourages the manufacturer from raising prices. Instead, when the PBM collects more fees from the drug manufacturer, rather than recommending that the insurance company remove the drug from their index, they are more likely to recommend keeping it. In other words, that penalty for raising the price acts as a bribe, so drug prices shoot up year after year and the insurance companies raise their premiums to cover it and the patient is stuck overpaying for a drug that may not be the ideal treatment for them but it’s the only one that’s covered for their condition. It’s sick.
Totally agree with you - they have discovered that making the market INEFFICIENT allows them to make money. The whole healthcare industry is rife with that method, and it works because you cannot comparison shop, you can't judge quality well (it is less about the doctor and more about the team taking care of you), and medicine is far too complex for most to understand well. Nearly every individual will seek out higher reimbursement if they can - that's natural. Deliberately obfuscating costs and creating impenetrable systems to maintain that veil of secrecy leads us to spend double the amount of money per patient per year for the same or worse outcomes.
Healthcare for profit has become increasingly expensive and has inequivalent distribution across this Nation (USA) since 1965 and start of Medicare. Then there's the "science" of health insurance INDUSTRY itself. No wonder there are fewer Americans interested in studying Medicine, Nursing and allied health professions in this Nation.
They need to go
@@nicholasbrowning7410 convert to the Swiss or German health care system and be done with it. Would solve a lot of problems without much job loss. Just Big PBM.
And this is done under the auspices of the successful lobbyist to take full advantage of ACA loopholes. PBMs should be out of this entirely, but then we'd see variations of single-payor systems which the majority of American equate to 'communism' or 'socialism' due to the political decisions made at the expense of people that know nothing about drug costs and access.
Had no idea about his pharmacy till recently… truly inspiring stuff to make expensive drugs affordable for people dying or people trying to fight horrible diseases. He’s a legend.
Not surprised in our media landscape something that actually saves American citizens thousands of dollars isn't covered
He's just trying to get into the healthcare market. If he really cared, he'd advocate for universal, single-payer healthcare. But he doesn't. All that matters is the Shark Tank. 🤑
@@williamyoung9401 I guess thousands of dollars in savings on medication isn't enough for some people. It has to be idealogical.
he's a salesman BTW
@@craig7350you can still make a sale without price gouging nothing wrong with sales
With tech bro's (and DJT incidentally) it's pure hubris... the sense of entitlement is profound. What Mark Cuban appears to have is genuine humility which makes him very rare amongst the 0.1%- love the authenticity. Thanks for getting him on the show.
I think Jon should have more shows about Cuban's impact on healthcare. It's about time.
I want to learn more!
I bet he will.
It's about time someone fixed this issue...it makes america look terrible
This is absolutely incredible what Cuban has done in the drug industry, this should be bigger news than it is!!!!
I’m 62 and a single father and caregiver to my 94 year old mother…
gotta say?
This is the most interesting interview I’ve seen in years
I used to like Jon Stewart in 2000s but the more I see him now, the more apparent it is that he’s just a clintonite shill. I mean the interview with Hillary and Condoleezza was continuous 🤦🏻 when you remember his constant criticism of Bush’s Iraq.
Id also recommend the interview Stewart does with Bob Iger when Stewart was doing his show on Apple+. Iger is intelligent and, like Cuban, can talk with left-leaning interviewers without looking dumb or evil.
@@TonyGiannamoreI loved his apple+ interviews. It was a lot more laid back and he was able to spend more time I felt. But this works too.
Man I never knew until recently how amazing Mark Cuban is. I knew him mainly from Shark Tank. It's amazing how politically astute he is and it's also inspiring to see a billionaire who actually still has his soul intact. Can't wait to see what he does next to disrupt our BROKEN healthcare system. Cost Plus Drugs looks amazing! Thank you Mark!
My doctor told me to check out Cost Plus for my prescription. I did. I checked 3 pharmacies with the Rx Insurance I have. Cost Plus was $100.00 cheaper without insurance than all 3. Thank you!
Mark is just one of those guys that ultimately wants to make money BUT not at the Expense of others. Win =win!
I'm not so sure that someone who is actively trying to spread gambling is trying to make money not at the expense of others.
@@Bill-sp8rm The gambling sites don''t say "You HAVE to bet THIS much.... or you DIE."
There's a thing about when real trade happens, both sides profit. That's what truly generates wealth.
That's the way it should be!
@@OuTSMOKEcongrats on the most wildly ignorant thing I've read today. time for me to get off here for the day.
and to think, all this time, I was under the belief that my addiction was holding a gun to my head, and now all my problems have melted away, wow!
I've always said the way to have better healthcare for all is by making private pharma companies public. Mark Cuban is my hero for this and eases my heart knowing someone is trying to do something serious with this problem
Mark Cuban gets a pass from the guillotines. He may be a billionaire but he also took on a fight for the people that only a billionaire could take up. Props.
Yeah I think when we eat the rich Mark can have a seat at the table instead of being on a plate.
i am actually wondering how he's still alive.
@@danielchan4699 He's a nice guy. That's all it takes.
I think he means he wonders how he hasn’t been Epsteined yet lol
Honestly, would be great goals for anyone who wants to be a billionaire. He retains humanity, despite having that huge power. Maybe he read Superman as a kid and took it to heart. He shoulders the responsibility well.
I’ll take Mark Cuban over Elon Musk any day of the week Mark Cuban is easy to like and he’s got great common sense
Elon is mentally ill. He is dangerous.
There are lots of things I don't like about Cuban, but you can't argue against the fact that he is making some real positive impacts in the medical systems of our country.
u sound confused
I’m sure there are plenty of things he wouldn’t like about you as well
@@kdavid6379 ok?
What don't you like about Cuban?
You won't find a more "down to earth" billionaire than Cuban.
This is the first time I’ve listened to mark cuban. I like this guy. He’s human.
Same!
Honestly you should listen to more of what he has to say.
He had a blog during the 00s that he often wrote about how he made his fortune and it's a great read if you can still find it online
I started out skeptical early on and the more I listened to him in interviews the more I appreciated his takes.
@maryammosavi269 One of the great billionaires is Mark Cuban with great empathy and integrity. Elon Musk doesn't know empathy or integrity, meaning. He is a disgusting human being. 😡🤬🫣👎👎🤮🤮🤦♀️
Mark Cuban was so cool in my household back in highschool (early 2000s) I'm glad to see he held to be an upstanding and outstanding human being over the decades❤
Mark Cuban is definitely the last billionaire that we eat.
So he can watch as the other billionaires are eaten until finally, it's time for Cuban? Seems harsh, but I'm down.
He will not be eaten. He is worthy. He acknowledges his wealth is built on the backs of others and by all accounts he will treat his people right
Mark's the type of guy to buy all the silverware on the planet for eating the other billionaires in order to be under the billionaire threshold
Remember guys, being the "best billionaire" is a pretty low bar ... If you're using the worst billionaires for reference any person who is not _openly_ psychopathic can seem ethical.
I assume Elon musk would be first on the chopping block.
Thank you Mark for lowering my prescription drugs. You can’t imagine how much and how many you have helped. Thank you, Thank you, Thank you❤❤❤
Cost Plus Drugs is such a game changer. No more fighting with my insurance or PBMs or pharmaceutical companies every January. The actual price comparison of a 90-day supply of my MS meds:
Your drug cost with us
$108.50
You save $19742.11 on your medication
Retail price at other pharmacies
$19850.61
Could listen to Mark talk all day long. Wicked smart, humble and a great sense of humour.
Me too.
Right? Right?
My boy is wicked smaht 😂
@@mikei5550 everyone has a thing they do when they speak lol
It's still crazy for me, an Australian, and hearing about the cost of medicine in the US. For a nation that is meant to be the wealthiest, how do you not have a public healthcare system that assists the most vulnerable.
We do actually. It's called Medicaid, which covers low-income folks; and Medicare which covers the elderly and the disabled.
It's „easy“. Make people believe that any form of this kind of support is „socialism“ and that you only have to pick yourself up on your bootstraps and you'll work your way out of the mess you’re in and that it's always been this way in AMERICA and that this is the American way and it’s what made this country great in the first place.
Repeat this lie often enough and reach enough people, basically use a platform like Fox to spout this nonsense, and there you go…
Because way too many of the people believe individual greed is preferable to collective prosperity
Because the people at the top believe a shaky foundation and taller tower is better than a shorter, more firm tower.
We have Medicaid. But it is not flawless & is limited. Some states also have a public system.
I've always liked Mark Cuban, but after watching this interview I have the utmost respect for this man because he is a rarity as far as Tech billionaires are concerned. He is the genuine article and exemplification of what "American Excellence" is all about. He's making money and at the same time has compassion for the everyday working man and middle class. Disrupting our Healthcare System by making everything transparent to have affordable drugs. If more CEOs ran their business like this, we wouldn't have high food, gas and housing prices.
Agreed! He is everything that Trump pretends to be.
He doesn't support socialized healthcare, does he? He's all about making money.
Mark Cuban has helped so many women by making menopause hormone therapy affordable. I tell all of my patients about CostPlus. He is amazing and I love his life philosophy of putting his family first and helping others. ❤ I wish he wasn’t interrupted so often hear because I want to hear more from him! His interview on Trevor Noah’s podcast was excellent.
I freaking love Jon Stewart, but same. I could listen to Cuban on a podcast talk about this for hours.
I love that analogy: “how do you resist the ring?” Or the “siren call”. Mark Cuban’s ethics are admirable
This is another great example of the talents and mastery of Jon Stewart, to properly balance depth, breadth and laughs in an interview on very important publicly relevant matters. I managed to get informed to a point of wanting to learn more about a couple topics, while also getting humorous engagement. And props to Cuban for flowing along perfectly to deliver insightful points in a very restricted time window for the topics discussed. This whole thing would be a 3 hour conversation normally among friends.
This conversation was life changing! I’m 77 & informed but never knew this in scale. wow, Mark! Keep spreading the word & changing health care!
Sounds exactly like President Trump's Executive Order on Improving Price and Quality Transparency in American Healthcare in 2019 that Biden had gotten rid of in 2021 when he took office...
My father started generic store in 2014-15 in Khandesh region of Maharashtra, India, the first in the region and has opened 7 stores since. Doctors would not recommend generics because they get cut from recommending expensive drugs and spread fud, so he started clinics where you get a basic checkup for 25 cents. Today the clinics treats ~60,000 -80,000 people annually. Governments should make it mandatory for doctors to inform patients about generic drugs. We are a middleclass family and even my 93 year old gradmother goes there when she gets cold or is feeling weak. People shouldn't have to suffer simple ailments because of lack of information. Having access to affordable healthcare is a great relief. India is one of the largest exporter of generic medicines to Europe.
Inspiring! What are the stores called? Thank you!
You're father sounds like an amazing man! ❤️
Congratulations bro❤
many thanks to your dad for his vision and actions.
I wish all billionaires had Mark Cuban’s compassion and love of America. It is obvious in his words. Thank you Mr. Cuban
Honestly i cant wait to see what he does about healthcare. This is an example of someone getting more done than our politicians ever could.
Have. They could always do more.
He can only do what the market and government allows him to do. If you want real and lasting change you have to vote for it.
Only because he can’t be bought.
Yes because he does not need to wait for Congress to get things done
The PBMs that Mark Cuban is trying to highlight ruined the small-town pharmacies. This is why they closed across the land.
Cuban is one rich guy I like because he’s not weird!!!
He also knows what it's like to be flat broke. Most people and most rich people don't have that appreciation or empathy.
Its nice to hear sane people talk.
right
I could listen to Jon and Mark talk everyday, all day. Mark has great answers/knowledge/insight/farsight and Jon has great questions because he’s well-read and smart. Mark has his priorities straight focusing on healthcare, it’s a huge racket. A racket might be expected in horse races but not our well being.
I love Mark Cuban. A capitalist with a heart.
That how they should all be because to be honest, non of them can spend all the money they have… it’s about power and saying yours is bigger than theirs like always except that you don’t take any of it in the grave…
Yeah it can happen. You could be a capitalist and still have a heart. It's about the percentage you take for your own pocket. You know cuz the business is going to cost the business. You're going to hire a few workers and you may have to hire a few more, but it's the percentage you take back in terms of salary or bonuses if let's say bonuses as they used to be in stocks were capped salaries as they were. You know started the 20th century all the way to 1980. When the average worker the bottom worker made in comparison to the CEO the CEO would make about 20 times.... Now it's over 200 plus percent and not including stocks and that's how base their salaries on
two of the best guys we've got in modern society. certainly two of the most genuine and authentic voices we have
Amazing conversation. Mark Cuban restoring faith in humanity, and the healthcare system.
If he cared about the healthcare industry, he'd advocate for single-payer, universal healthcare. But he can't, because then he's not making a profit off of other people. 🤑
@@williamyoung9401I don't think it's relevant if he doesn't promote universal healthcare. What he's doing with cost plus drugs is still a massive step forward for you guys in the US. it's easier to play into the system and "disrupt" from the inside than promote something that unfortunately (and realistically) isn't coming any time soon.
@@williamyoung9401 A realistic path for some form of universal healthcare in the U.S. is the Public Option. It was supposed to be included in the Affordable Care Act in 2010 but was removed after senator Joe Lieberman threatened to filibuster it.
Mark Cuban is right, listen up and really heed the warning.
Cuban is pretty decent.
I gotta shout out this guy, I had internal bleeding two summers ago and no insurance. Without cost plus drugs, I honestly don't know how I would have gotten the medication I needed right. I was quoted, 100s, I got it for 10s. I work hourly paycheck to paycheck and with having to miss work from the procedures. I needed woof. Glad he's disrupting the healthcare industry.It's a racket
Thank you Mr. Stewart for having Mark Cuban on your show to discuss the prescription drug prices and what he is doing with his company to combat the overly high prices consumers pay. Very informative!
Mark Cuban is a real one
Mark Cuban I have to personally thank you for Cost Plus Drugs. I have saved so much money and worry by being able to use this for my maintenance meds. You have also helped so many of my friends and I will be forever grateful to you for that.
Married to a pharmacist for 25 years; he graduated in 1976. Just took a look at the Cost Plus Drugs website. This is phenomenal. Thank you, Mark Cuban. You just earned a new fan.
In the '70s and '80s, my husband would come home from work and complain about his customers who were on fixed incomes who were complaining about the prices of their prescriptions going up. His answer? "Well, if you had this illness 20 years ago, you'd be dead. There were no medications for it then. At least you've got some drugs you can take for it now."
As a Gen Xer, I completely agree with Mark Cuban that Gen Z is just plain nicer. Kids today are fantastic and I have a lot of optimism for their generation.
@@ShinmaWa1 my daughter is a gen Z and she’s awesome
Also Gen X, also impressed with Gen Z, and hopeful for their futures. They know what crumbling infrastructure FEELS like to grow up in, to be in active shooter drills, and what a group of passionate, intelligent, kind people can do to help the world.
Wishful thinking.
Same, Gen Xer with a 20 and 16 y/o, and they are way kinder than we were. I put on in a TV show called Freaks and Geeks that kind of covers how our childhood was in the 80's, and they were both shocked... literally shocked, and kept asking.. were kids really like this when you grew up? Refreshing as fk to hear that.
@@seansmith3058 - Not wishful thinking at all. Kids today are less violent, smoke less, have fewer teen pregnancies, commit less crimes, tend to be more accepting of others, and are more civic minded. Vox did a detailed breakdown of Gen X to Gen Z and found that in nearly every category, Gen Z was objectively better.
Mark Cuban. You are what’s called HONEST! Thank you 🙏. As a teacher who taught 35 years in public schools. I find it refreshing to see people who are passionate about serving their community while also being well off. Thanks 🙏 you for sharing your experience and perspective with others. UBUNTU-A Person is a Person Through Other Persons!
Ubuntu - also a widely used Linux distribution. (Nerd here.)
It's not just the pharmacy benefits managers....it's the lobbyists and big pharma political donations....remember: corporations are now people.
It's so refreshing to have a billionaire with morals.
But can there ever be a moral billionaire ? Sounds like an oxymoron
@@mananwashere right. To have reached that level, one undoubtedly has some skeletons in ones cupboard
@@ikechukwuobidike9440 I mean with Mark Cuban I want to say not necessarily. Didn’t he jump on a trend of like streaming sports games way way way way way before anyone else thought of doing that? And then he sold early?. Seems fairly clean to me.
Tom Steyer, who ran for president last election, was also an incredibly humble and moral billionaire. Still lost to a career liar with dementia.
He's profiting off a broken system by charging slightly less. Don't start building his statue just yet.
What a fascinating conversation. Much respect for Mr. Cuban 🤗
I didn't know anything about Mark Cuban before this interview, but after this I really like him.
Mr Cuban is the voice we’ve been waiting for in pharmacy.
Wow.. I have a whole new respect for Mark Cuban... and I started out with ALOT. What an amazing man!
Such a great stuard of our citizens in the USA. Mark Cuban is a true patriot selflessly making America Still Great. Thank you John, for having Mark on the show...more please.
Been saying for years, “my favorite public figure”
I totally agree that Mark is doing great things, but I'm not totally sure I'd call it "selfless." I mean... he's making huge money from Cost Plus Drugs. :) But regardless, I'm all in for what he's doing, even if it makes him tons of money at the same time!
@realzyxtomatic true...Cost Olus is making money. That's what a business is supposed to do. What's important is that it's not an amount of money per customer that is filling the coffers...it's the amount of customers using the brand. The markup is under 20%. Unheard of un retail. Volume makes the difference and human decency makes it selfless.
@@realzyxtomatic when someone has the power to make more money but recognizes the greed demon and says no to it, that's commendable. Profit within reason... I like that a lot. I will add that I hope he's not using it to collect people's personal data to sell as kind of a side business though. Going to have to check it out. Great interview though!
Cuban is a breath of fresh air
Literally saved me 250 a month on medicine ✊🏿
That's wonderful, what a blessing!!!
Awesome!! Cost Plus Drugs saved my mom $1000 in the past 6 months. It’s horrible that life-saving medication can be so heavily marked up.
I've always liked Mark Cuban. Level headed, using his wealth but not abusing it, as far as I can see, which isn't that far. But he is open, willing to play along and has open conversations knowing he knows his stuff well enough to get out of any hairy situation. Sitting across from Jon Stewart, that is an admirable approach as Jon is smart AF! Loved the energy and the content!
Genuine laughter..... honest vibes..... pure soul.
No billionaire is authentic. "Are you the first rich guy in history that's squeaky clean?" -Deep Blue Sea
HARRIS/ WALZ needs to work with Marc Cuban, and utilize his negotiation and publication process!!!
Yeah, he could really change the way the county does pharmaceuticals.
Literally just refreshed ....and this pops up!
I love Cuban sooo much....
I miss sanity!
🇺🇸
Sanity? This guy named his mega yacht after Ayn Rand...One of the worst people you could ever idolize. That's who he looks up to, a woman who preached selfishness and racism
Biden dropping out is the most positively disruptive thing ~ globally, in a long time. People, algos, markets, even MAGA... don't know what to do with it!
This is the best summary of the AI~poli~techBro situation I have heard! And hints reasonably on the dangers and opportunities.
MOAR THIS ❗️
This is one of the best interviews in daily show history. And that's saying a lot.
I rank this interview with Mark Cuban and the one Jon Stewart did with Lina Khan as the two most informative I have ever watched.
Clear, concise, and critical thinking. This is so refreshing.
I love Mark Cuban♥️ He’s the epitome of having it all and still be humble and wanting to help others! Money isn’t everything to him. Having a full life, not just money. Enjoying family, and giving back is what really counts♥️That’s an abundant life!
Mark Cuban is down to earth and real and I think that’s why everyone likes him
Genius man and so humble
Meh
wow, he has you fooled
He knows his strengths, acknowledges that the backbone of the USA is the HEALTH of people. Without health in people our downfall will continue.
Not an intellectual genius but a risk taker and aware of fundamentals and trends.
An honor to watch two great minds explore topics that will affect all of us eventually.
What a quality human being. It’s easy to get frustrated at all the craziness out there so interviews like this are great reminders that there are intelligent, caring people working hard to benefit others out there!
I love that everyone still calls it Twitter,, Because it's Twitter!!
Elon Musk has a transgender daughter who hates him because he won't accept her. He says she was killed by "the woke mind virus." So it's just funny that everyone deadnames Twitter, and he can't do anything about it.
Also funny: Musk's _gender affirming care_ in the form of cosmetic surgery and hair plugs.
Exactly !!!! 😂😂😂😂
And we still say Facebook and not Meta, and we still say Google and not Alphabet... We just don't like name changes 😂
@@neko6 There are ads from 1982 that I saw three times and are still stuck in my head. If I see a coffee tin... best part of waking up starts playing. 40 years later. Imagine if I saw a catchy tune that day... The Capitol of Ohio is Columbus in my cup.
X is the stupidest name change/marketing move I have ever seen! 🤦♀️
Mark's interviews are just refreshing
I am in healthcare, and I'm thankful for Mark Cuban helping patients.
It's so frustrating dealing with the prohibitive cost of medication, for the people we care for.
Keep up the fight, and know you have the support of the people who apply the bandages, and recommend treatment.
Ear drops like Tobradex, and Ofloxacin, or inhalers, nebulizer solutions, and epinephrine have been particularly frustrating.
It's wonderful to have a shark working with US caregivers.
I love Mark Cuban he is down to earth and knows paying higher taxes won't hurt any billionaires and millionaires. HARRIS WALZ 💙🇺🇲
Can’t vote for Harris. Biden only
@@janehandpants1968sweetie, Biden isn’t running
@@janehandpants1968you people are mentally ill. Biden isn’t running 😂
I love Mark Cuban. I've always loved Mark Cuban. He is such a real person, and he cares about helping people!!!
Been saying for years “my favorite public figure”
I had a negative connotation of Mark Cuban. After seeing this interview my option of Mark Cuban has made a 180! Thank you.
I'll take Mark Cuban over Elon Musk any day.
so you will take a cuban immigrant over a south african immigrant?
@@AsifKhan-hf9zy We're all immigrants if you go far back enough. We are ALL human, let's just leave it at that.
Ok 🤡
we do NOT need any more ego-centered multi-bilionaires .. who squeeze out those middle class / poor kids who will never have a chance for their ideas to come to fruition ... the wealthy should be banned forever .. and taxed at 91% / 50% corp as a start ..
Absolutely 💯 Mark Cuban without a doubt. 👏🤗👏👏🥰
*I pay $7.60 here in Australia for my medications and if I go over the threshold of $277 my meds are free for the rest of the year*
I love Mark, he seems like a genuine kind person.
Mark, please add veterinarian drugs too to drive down the cost.
Yes!!!!! Great point.
Why not, made by same people.
Can we just focus on human health to start.?
I’m a Democrat not a leftist but I love Cuban because he’s not WEIRD!!!
Gross
Like cumela? Who cackles and can't put a sentence together? Or weird democrats who can't define a woman?
I could listen to Mark all day long. It was a fascinating conversation, and I learned so much in just 10 minutes. Thanks, Jon.
I feel smarter having listened to these two converse. Hopefully the younger generation listens to guys like this instead of Fox News hosts.
I noticed them using words you never hear on the TV.
It's wonderfully refreshing to listen to people with a real vocabulary and the brain power to conduct a proper conversation.
As someone that used to work for an insurance company and then a major pharmaceutical company, Cuban is right on the money. Most HRs don’t know the nitty gritty of their benefit contracts and the insurance companies their employer is covered under actively try to dissuade employees from getting their hands on their insurance contracts. Because knowledge is power and you don’t want your potential claimants having any.
Then you have these PBMs that are MASSIVE and who have bought out the industry up and down the supply chain (ex. CVS owns Caremark which does exclusive business with wholesaler Cardinal who also has a medical insurance arm so they force feeding people to their services exclusively by only offering competitive prices within their own ecosystem). Nothing is clearly laid out while prices and available services are intentionally obfuscated. It’s soul crushing, and so deeply entrenched in the American healthcare system that’s it’s a Herculean task to untangle at this point.
What should I ask for?
Mark Cuban seems like a nice person. I'm glad he came on the show to spread his message!
I love how even Mark Cuban refuses to call it X.
Not even Elon calls it X lol
You support Delusionalist thinking then.
6 minutes in he says "when you go on X"
Not like he can afford to buy it. He's jealous and petty
I love how they act that Twitter was non-biased before Elon. Twitter censored people like crazy! Especially the right pre Elon.
He's spot on about the algorithms. I get these far right posts more often than the things I am more interested in.
I don’t know if it’s direct algorithm meddling as much as it is engagement bait. Nothing keeps us on social media quite like the takes that make our blood boil.
@@doodlefrogo 💯
A lot of my interests overlap with right wing folk, so I get a lot.
@@doodlefrogo - That is the idea/goal. Keep you seething and hopefully you will choose not to skip ads.
If you don't want to see things from Fox news, close your browser and clear cache. Reopen and search for CNN or MSNBC to restart the feeds into their algorithms. Works the same with music videos or movies.
If you want heavy metal or hip hop. flush and restart.
Someone else was just sharing the same frustration with me. I knew it was algorithms but, tbh, I didn't know why Elon would want to do such a thing. Now, knowing that there's more of a global presence on there, I'm wondering if he's doing it to force people to engage in discussions and debates about their differing opinions and experiences(?) Idk. Maybe he's really just trying to force his right leaning views onto others but I hope that's not what's going on.
Mr. Cuban. I didn’t like you before because I am a Lakers fan but I have tremendous admiration for you now, with the idea that spending time with your kids and future grandkids is most important to you, among other things. And especially your changed view toward Trump. I am enlightened by you, sir!
What Mark Cuban is doing with Cost Plus Drugs is amazing. Showing transparency and not pricing drugs ridiculously high. That's what health care should look like.
The most important human quality is character and both of these guys exemplify it.
I’ve been in insurance (admittedly commercial not individual) for over 20 years. Freedom of information with comps is one of the best things to enable more efficiencies. Cuban is a saint for this. You have to be this rich to fix it.