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The doctor who convinced Mark Cuban to sell drugs

dmagazine.com

31–34 of 34 posts

Re: The doctor who convinced Mark Cuban to sell drugs

#31
post #30

Earlier quoted context omitted.

No, that article shows it's a cheaper version of goodRx. His complaint is they are sometimes the same price as the cheapest competitor, and that they overstate the discount by not comparing their price to the actual price you'd pay a competitor. But his first example, for example, is that they claim a 90% discount but are actually 60% of the goodRx price.

Bigger discounts are better, of course. I think many people, including myself, have been paying through the nose with "prescription coverage" which costs more than goodRx or Cost Plus Drugs. The goodRx site is weird - it looks like a coupon site, where you go to other pharmacies and give them a coupon. I know this is exactly how goodRx works, but it doesn't exactly inspire confidence when you're buying something as s…

Behind the scenes, to the extent significant, the third party risk when it comes to drug quality is identical and low.

Pharma charges goodRx less because it's market segmentation - they're assuming many goodRx users would otherwise just suffer without and thus generate no profit.

Some people speculate goodRx subsidizes prices by selling data. I don't find their analysis convincing as they don't explain how goodRx has data meaningfully more valuable than the data pharma already buys from other sources like pharmacies.

Re: The doctor who convinced Mark Cuban to sell drugs

#32
post #18

Earlier quoted context omitted.

I accept all these complaints about Cuban. Twitter closed my account for criticizing his China ties. But what have you and I done even close to as significant as bringing down the price of subscription drugs?

I have done nothing to bring down price of subscription drugs. But unlike billionaires I have also not lobbied for socially harmful things like shareholder value over everything else, tax cuts for wealthy people, privatized for maximum profit health care, abandonment of pensions, different tax treatment for income from investment vs labor and many other things.

Do you think bringing up these familiar critiques is even close to as significant as bringing down the price of subscription drugs? I'd trade Cuban's accomplishments on that alone for any amount of your whinging.

Re: The doctor who convinced Mark Cuban to sell drugs

#33
post #32

Earlier quoted context omitted.

I have done nothing to bring down price of subscription drugs. But unlike billionaires I have also not lobbied for socially harmful things like shareholder value over everything else, tax cuts for wealthy people, privatized for maximum profit health care, abandonment of pensions, different tax treatment for income from investment vs labor and many other things.

Do you think bringing up these familiar critiques is even close to as significant as bringing down the price of subscription drugs? I'd trade Cuban's accomplishments on that alone for any amount of your whinging.

First let’s see if prices really will come down for patients.

Re: The doctor who convinced Mark Cuban to sell drugs

#34
post #32

Earlier quoted context omitted.

Do you think bringing up these familiar critiques is even close to as significant as bringing down the price of subscription drugs? I'd trade Cuban's accomplishments on that alone for any amount of your whinging.

First let’s see if prices really will come down for patients.

Done and done.

https://costplusdrugs.com

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