It is a milestone in a controversial process that aims to make costly medications more affordable for older Americans but is strongly opposed by drugmakers.
I saw Mark Cuban on Daily Show a while ago, and apparently the whole thing with him lowering healthcare prices, is just that his healthcare company releases price information.
If a company wants their business, they have to make the contract public.
That sets a price point in an industry where no one knows what something costs.
And competitors then try to beat that price point.
I forget the example, but a medication went from 30k a month to like $100/month. Just because Cuban’s company disclosed that’s how little they could buy it for, and likely how much the 30k/month sellers were buying for.
I don’t know how anyone thinks capitalism should be in healthcare, except the people running healthcare companies, obviously we know why they want it
I saw Mark Cuban on Daily Show a while ago, and apparently the whole thing with him lowering healthcare prices, is just that his healthcare company releases price information.
If a company wants their business, they have to make the contract public.
That sets a price point in an industry where no one knows what something costs.
And competitors then try to beat that price point.
I forget the example, but a medication went from 30k a month to like $100/month. Just because Cuban’s company disclosed that’s how little they could buy it for, and likely how much the 30k/month sellers were buying for.
I don’t know how anyone thinks capitalism should be in healthcare, except the people running healthcare companies, obviously we know why they want it