5min chapter

The Logan Bartlett Show cover image

EP 37: Mark Cuban Talks with Us About How He Succeeded, Advice for Young Entrepreneurs, Buying the Mavericks & Cost Plus Drugs

The Logan Bartlett Show

CHAPTER

The Benefits of Full Structural Integration of Drugs

PBM's as they were originally architected like the original goal was to serve as a broker a middleman between insurers manufacturers yeah between anybody who sells or uses drugs. Then they got acquired by pharmaceutical companies or not the insurance the insurers because the insurers say look you're negotiating for us i'll buy it and then the insurers also said okay um let's also buy a big retail pharmacy chainYeah and some other insurance companies so now i've got all that volume and the distribution  and we launched on January 19 2022 on costplus drugs.com what we say is this we are going to be transparent we will show you the price that we pay for a medication we're going to mark it

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