Mark Cuban gets it right again

[mattndallas]

Ratio'd... 😄

 

[Cortez88]

I recently spoke to a guy who has been taking chemo meds for a long time for leukemia. He said that he was purchasing meds from Cubans pharmacy for $32 a month that previously cost him almost $6k. I thought that was really interesting.

 

[jsig]

Ratio'd... 😄

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Why didn't Cuban draft TJD for the Mavs?

 

[mcmurtry66]

I recently spoke to a guy who has been taking chemo meds for a long time for leukemia. He said that he was purchasing meds from Cubans pharmacy for $32 a month that previously cost him almost $6k. I thought that was really interesting.

Cut out the middle men and some stuff they manufacture themselves. Growing his formulary. Good stuff

 

[NPT]

Mistakes are made with statistics, and they're corrected. Big frickin' deal. I'm with Reagan - "trust but verify."

My problem with government statistics are that they just about always are adjusted to cause the least political damage or promote a political party. In other wrods, they'll come out and say that the number of jobs created in month X was 500,000 and later on they real numbers are released which are normally lower. I haven't really researched that but that's what I've observed from just reading a 2 or 3 times where the numbers were adjusted downward. Maybe I was just unlucky enough to hit the 2 or 3 where they were adjusted downward. I'd like to see the real statistics on that.

 

[LifelongIU77]

I recently spoke to a guy who has been taking chemo meds for a long time for leukemia. He said that he was purchasing meds from Cubans pharmacy for $32 a month that previously cost him almost $6k. I thought that was really interesting.

So he was spending 72k a year on medication, out of pocket? Somehow I doubt it

 

[LifelongIU77]

My problem with government statistics are that they just about always are adjusted to cause the least political damage or promote a political party. In other wrods, they'll come out and say that the number of jobs created in month X was 500,000 and later on they real numbers are released which are normally lower. I haven't really researched that but that's what I've observed from just reading a 2 or 3 times where the numbers were adjusted downward. Maybe I was just unlucky enough to hit the 2 or 3 where they were adjusted downward. I'd like to see the real statistics on that.

They were adjusted down for every month Biden was in office.

 

[NPT]

They were adjusted down for every month Biden was in office.

Is that a FACT or a political statement?

 

[LifelongIU77]

Is that a FACT or a political statement?

There may be an outlier here and there....I'm not 100%...but I am sure it was the majority.

 

[Aloha Hoosier]

Is that a FACT or a political statement?

It's not a fact.

 

[NPT]

It's not a fact.

I didn't figure it was but I really didn't know. The 2-3 times I've ran upon an adjustment it's always been down but it's hard for me to believe that all have been down. However, it wouldn't surprise me it it was and that isn't related to the party because it's something both D and R would do.

 

[stollcpa]

I recently spoke to a guy who has been taking chemo meds for a long time for leukemia. He said that he was purchasing meds from Cubans pharmacy for $32 a month that previously cost him almost $6k. I thought that was really interesting.

How do you buy from his pharmacy?

 

[UncleMark]

How do you buy from his pharmacy?

costplusdrugs.com?

 

[Spartans9312]

Cut out the middle men and some stuff they manufacture themselves. Growing his formulary. Good stuff

I went to his website….this is what medication pricing would look like without PBMs

 

[stollcpa]

costplusdrugs.com?

I will check it out.

 

[mcmurtry66]

I went to his website….this is what medication pricing would look like without PBMs

Yep. You can see much of the same with needymeds or something like that. They get their formulary directly from manufacturers (donations/discounts etc) and do the same by cutting out the PBMs. Needymeds and a few others are nonprofits. Cuban’s is for profit, which is fine, just gives rise to different acquisitions. I have friends at one of the major PBMs. Make good $

 

[JamieDimonsBalls]

I recently spoke to a guy who has been taking chemo meds for a long time for leukemia. He said that he was purchasing meds from Cubans pharmacy for $32 a month that previously cost him almost $6k. I thought that was really interesting.

I’m actually w lifelong on this one. There are out of pocket maximums on any insurance plan that I’ve seen, so how would he pay that much consistently?

 

[Spartans9312]

Yep. You can see much of the same with needymeds or something like that. They get their formulary directly from manufacturers (donations/discounts etc) and do the same by cutting out the PBMs. Needymeds and a few others are nonprofits. Cuban’s is for profit, which is fine, just gives rise to different acquisitions. I have friends at one of the major PBMs. Make good $

I’m assuming he’s still buying from a wholesaler…or maybe he’s licensed as one. I didn’t think the manufacturer could sell directly to pharmacies.

 

[mcmurtry66]

I’m assuming he’s still buying from a wholesaler…or maybe he’s licensed as one. I didn’t think the manufacturer could sell directly to pharmacies.

He’s actually manufacturing himself too.

 

[Spartans9312]

I’m actually w lifelong on this one. There are out of pocket maximums on any insurance plan that I’ve seen, so how would he pay that much consistently?

His insurance was probably billed 6K….

 

[Spartans9312]

He’s actually manufacturing himself too.

Hmmm

 

[JamieDimonsBalls]

His insurance was probably billed 6K….

Which, as you know, means nothing

 

[Spartans9312]

Which, as you know, means nothing

Exactly…it’s a damn game

 

[stollcpa]

He’s actually manufacturing himself too.

Really?!

 

[mcmurtry66]

Really?!

Yeah and I don’t know the details of how all that works. Generic etc. Spartans would obviously know more