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Mark Cuban's Cost Plus Drugs

costplusdrugs.com

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Re: Mark Cuban's Cost Plus Drugs

#81

Post by Arubis »

baby_wipe wrote: post #71
arcticbull wrote: post #48

As always the issue with privatized social services is that the goal is to make money, not to provide a service so the incentives are fundamentally misaligned. For-profit care providers make money when the fail to provide care. When they fail to cover procedures. When they can substitute lower-quality or less effective goods and services. When they can sell you catastrophic cover with deductibles and co-pays too high…

If for-profit companies keep doing all these awful things, why people keep paying them money?

In the case of healthcare, it’s because crippling, inescapable debt that spans multiple generations is still usually preferable to actual death.

Re: Mark Cuban's Cost Plus Drugs

#82

Post by purpleflame1257 »

tluyben2 wrote: post #63

From the faq; > Why are your prices so cheap? Not native English, but that is not English right? Edit; guess my school English told me that is wrong ; - prices are low - this medicine is cheap So learned something ;) thanks

I am a native English speaker and that is a grammatical sentence.

Re: Mark Cuban's Cost Plus Drugs

#83

Post by TuringNYC »

arcticbull wrote: post #51
daniel-cussen wrote: post #50

Earlier quoted context omitted.

That's pretty much it, but I would add that since medicine in the American sphere of influence is a cornered market the goal is always to deny care, so the patients are more desperate and pay higher prices. Endgame is a billionaire paying his whole billion-dollar fortune for a loaf of bread because he's starving. First you have to corner the market, then deny food, then eventually yes, eventually he will in fact pay…

Indeed there's no reason that Cuban won't, like Uber, wake up one day and 5X prices - or bring in the recently-released Pharma Bro Shkrelli. Good will and brand alone isn't sufficient to build a medical system on.

>> Indeed there's no reason that Cuban won't, like Uber, wake up one day and 5X prices

Perhaps, but until then, I welcome the value he'd create for us

Re: Mark Cuban's Cost Plus Drugs

#84

Post by core-utility »

tluyben2 wrote: post #63

From the faq; > Why are your prices so cheap? Not native English, but that is not English right? Edit; guess my school English told me that is wrong ; - prices are low - this medicine is cheap So learned something ;) thanks

It may not be proper, but I'd say it fits for common language. Alternative would be "How are you able to sell for such a low cost?", but that's almost double the number of words.

Re: Mark Cuban's Cost Plus Drugs

#85

Post by fckgw »

baby_wipe wrote: post #71
arcticbull wrote: post #48

As always the issue with privatized social services is that the goal is to make money, not to provide a service so the incentives are fundamentally misaligned. For-profit care providers make money when the fail to provide care. When they fail to cover procedures. When they can substitute lower-quality or less effective goods and services. When they can sell you catastrophic cover with deductibles and co-pays too high…

If for-profit companies keep doing all these awful things, why people keep paying them money?

To not die?

Re: Mark Cuban's Cost Plus Drugs

#86

Post by criddell »

treis wrote: post #53

From the time this was posted two days ago: This keeps showing up but it's total bullshit. Cuban wants to take 15% of the transaction for running a web site and processing payment. They're not manufacturing drugs. They're not buying drugs. They're not shipping drugs. They're not doing anything at all besides taking your order and giving it to someone to do all those things. It's not a charity. It's a profitable busin…

How does GoodRX work?

Re: Mark Cuban's Cost Plus Drugs

#87

Post by vxNsr »

bitsnbytes wrote: post #60
athorax wrote: post #18

I looked up a few of the medications I take and the prices were about even with what I pay at Costco. This is great if it is more accessible for more people

Just for confirmation and clarification: When you say the prices were about even with what you pay at costco is that comparison with or without healthcare insurance paying part of it? If your insurance paid part of it and its comparable then Cubans pharmacy is a win for those without healthcare insurance.

Costco doesn’t take insurance either

Re: Mark Cuban's Cost Plus Drugs

#88

Post by spywaregorilla »

treis wrote: post #53

From the time this was posted two days ago: This keeps showing up but it's total bullshit. Cuban wants to take 15% of the transaction for running a web site and processing payment. They're not manufacturing drugs. They're not buying drugs. They're not shipping drugs. They're not doing anything at all besides taking your order and giving it to someone to do all those things. It's not a charity. It's a profitable busin…

Was there someone around previously who could take my order and give me the drugs at those prices? I'm not convinced this is true. I'm not familiar with GoodRx but they appear to be a coupon aggregator which is not the same thing

Re: Mark Cuban's Cost Plus Drugs

#89

Post by specialp »

arcticbull wrote: post #48

As always the issue with privatized social services is that the goal is to make money, not to provide a service so the incentives are fundamentally misaligned. For-profit care providers make money when the fail to provide care. When they fail to cover procedures. When they can substitute lower-quality or less effective goods and services. When they can sell you catastrophic cover with deductibles and co-pays too high…

One thing lost on people is the "for-profit" motive is not solely with insurers or plan providers. Medical practitioners in my experience are extremely motivated to provide as many services as the insurer will pay for regardless of how medically useful they are.

This results in often legitimate procedures being denied. But make no mistake, the care providers billing insurance are just as likely or more likely to try to grab money in any way possible.

I was once involved in a company that would place laboratories and other diagnostic machinery in physician's offices. They would always be very interested in what the insurance reimburses and how many patients they can run it on. There would always be some gimmick like Oh, homocystine we can run on every patient for $5 and be reimbursed $30, and then you would see that ran on every single patient they could to make that money. Eventually insurers would have to shut it down. High sensitivity CRP was another one until medicare locked it to being run once in a patient's lifetime.

Re: Mark Cuban's Cost Plus Drugs

#90

Post by [deleted] »

baby_wipe wrote: post #71
arcticbull wrote: post #48

As always the issue with privatized social services is that the goal is to make money, not to provide a service so the incentives are fundamentally misaligned. For-profit care providers make money when the fail to provide care. When they fail to cover procedures. When they can substitute lower-quality or less effective goods and services. When they can sell you catastrophic cover with deductibles and co-pays too high…

If for-profit companies keep doing all these awful things, why people keep paying them money?

[deleted]
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