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Mark Cuban, entrepreneur and television personality, joins Trevor Noah to discuss his recent life changes, including selling his majority stake in the Dallas Mavericks and leaving Shark Tank. They also talk about his Twitter battle with Elon Musk and his plans to shake up the American healthcare system by selling generic drugs at cheaper prices through transparency.
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Quick takeaways
- Transparency in healthcare pricing can put pressure on incumbents to lower their prices and make medications more affordable for everyone.
- Being curious, loving to learn, and finding what you enjoy doing are essential for achieving success.
Deep dives
CostPlusDrugs.com: Bringing Transparency to Healthcare Costs
CostPlusDrugs.com is a company that aims to provide low-cost medications to consumers by offering transparent pricing. They show the cost of the drugs, a 15% markup, and any shipping and handling fees. By publishing their price list, they allow customers to compare their prices to their insurance copays and other pharmacies, often finding significant savings. This transparency puts pressure on incumbents in the healthcare industry to lower their prices and offer similar pricing structures. The goal is to make medications more affordable and accessible for everyone.
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