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Tuesday, June 28, 2022
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    HomeHealthMedicare could have saved billions via Mark Cuban's new pharmacy

    Medicare could have saved billions via Mark Cuban’s new pharmacy

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    Amid rising anger over the price of medicines, a brand new evaluation finds that Medicare may have saved billions of {dollars} if the federal company had bought generic medication immediately from the online pharmacy just lately launched by billionaire investor Mark Cuban.

    Particularly, Medicare may have saved as much as $3.6 billion in 2020 — or 37% of the $9.6 billion spent on 77 of 89 totally different prescription medicines. This assumed the well being care program had bought the utmost amount for every prescription, or a 90-day provide. The Mark Cuban Value Plus Medicine Firm didn’t provide any financial savings on the opposite 12 generic medicines.

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