PBMs

3 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Mar 5, 2024 by Mark Cuban · across every show →

Everything said about PBMs, oldest first

Mar 5, 2024 bullish

What-if

Cuban: Five Fortune 50 companies leaving major PBMs would force immediate systemic reform

“If five of the Fortune 50 companies walked away from the big three insurance companies and the big three PBMs, they'd have to change their business models, and immediately, immediately the entire healthcare system would change.”

Mark Cuban Mar 5, 2024 ▶ 13:04 Sharks Never Stop Swimming: A Conversation with Mark Cuban

Mar 5, 2024 negative

Assertion Supported

Cuban: PBMs exclude $700 biosimilar Usimri to protect drug margin revenues

“Humira is about 8000 dollars a month. Six to 8000 dollars a month. USIMRI is about 700 dollars a month. But they won't add USIMRI to their formularies because they don't want to use the revenue in the margin.”

Mark Cuban Mar 5, 2024 ▶ 10:33 Sharks Never Stop Swimming: A Conversation with Mark Cuban

Mar 5, 2024 negative

Assertion Supported

Cuban: Three PBMs control 80% to 90% of the drug market

“And there are three of them that dominate the industry with 80, 90% market share.”

Mark Cuban Mar 5, 2024 ▶ 9:59 Sharks Never Stop Swimming: A Conversation with Mark Cuban

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PBMs

Everything said about PBMs, oldest first

Turn any episode into a week of clips.