Managed Healthcare Executive June 24, 2022
Harvard researchers calculated that buying 77 generic drugs at prices being charged by Mark Cuban’s online pharmacy prices would have lowered Medicare spending on those drugs from $9.6 billion to $6 billion.
Mark Cuban said he has come up with a way of making drugs more affordable when he launched his namesake online pharmacy in January 2022.
Harvard researchers lent some credence to Cuban’s claims some when they reported calculations that that Medicare program could have saved $3.6 billion in 2020 it had bought 77 generic drugs at Cuban’s prices.
The findings were reported in this week’s Annals of Internal Medicine.
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