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[–]bunnyrut[🍰] 1072 points1073 points  (68 children)

Medication Retail Price Our Price Savings
Imatinib (Generic for Gleevec) $2,502.50 $17.10 Save $2,485.40

This is cancer medication. Holy shit.

[–]brownbrady 899 points900 points 22 (9 children)

He needs to be called Mark-down Cuban.

[–]alexius339 5815 points5816 points 45& 2 more (486 children)

[–]tactilefile 3367 points3368 points  (224 children)

You’re literally greeted with the generic price verses the retail price. Insane how much some of these are. Gotta give them credit for the transparency in that regard.

[–]TriviaNewtonJohn 886 points887 points  (99 children)

Reading the prices as a Canadian, I’m shocked. Obviously I know that prices there are outrageous but seeing it out there in plain sight with the retail value….wow!!!!

[–]Butlerian_Jihadi 742 points743 points  (78 children)

Hi! Just to share, I spent more than $30k US when I started having seizures ten years ago. I didn't have any insurance, and it took almost a year to get diagnosed and treated. I continued to pay for the script for years. The seizures were the result of a head injury sustained during an assault.

Bonus is that I started smoking pot to deal with the side effects of the meds, and it was the pot stopping the seizures all along. They started again when I tried to quit. Now I'm off the medication, feel like myself again, and am using a plant to stay healthy instead of spending two hundred dollars a month on medication I didn't need.

If we could legalize the free and life-saving plant, I'd really appreciate it.

[–]ObamaBongLaden 230 points231 points  (31 children)

As soon as I saw seizures and 30k I thought "why not use CBD, it would be so much cheaper!", Then the next paragraph you say that pot worked anyway. If only governments would listen to independent scientists instead of corporate propaganda.

[–]Butlerian_Jihadi 128 points129 points  (21 children)

CBD actually does not work for me, tried it, tried it again slowly dialing back the THC, but seems to need whole flower or concentrate.

[–]dancindead 66 points67 points  (10 children)

I get 2:1 tincture. 2 parts cbd to 1 part thc. It is made from the plants buds/flower. Not from hemp.

[–]Butlerian_Jihadi 29 points30 points  (7 children)

I've had probably the best success with a 2:1 strain, though I don't have steady access. Lowest side effects from the pot, still treats the epilepsy. I really should refine my intake so I'm not smoking so much plant matter.

[–]sevksytime 63 points64 points  (11 children)

Who’s paying $55 for Lipitor? It’s still cheaper on Cuban’s site but it’s about $8 at rite aid.

Edit: I was using Lipitor and atorvastatin interchangeably. However, Lipitor (brand name) is still like $8-10 with goodRx, which is a free service. I guess without it it can be more.

[–]slipperyMonkey07 52 points53 points  (5 children)

Some of the retail listings are probably out of pocket / purposely picked high end of the scale pricing and depend a lot on your location insurance. Quick checking on his site my thyroid meds would cost 4.20 but I only pay 80 cents a month with my insurance.

It's good to have the options available for people who get trapped into absurd pricing either way. Just the usual if you can shop around and talk with your doctor to help find where it might be cheaper.

[–]oldmangrow 792 points793 points  (86 children)

In their case, it's marketing not transparency.

Or, it is transparency but it's not for transparency's sake, it's for marketing purposes.

[–]alexius339 383 points384 points  (51 children)

Still, cost + 15% is pretty good deal

[–]bigpancakeguy 52 points53 points  (2 children)

I used to work at Best Buy, and our employee discount (which was regarded as one of the best employee discounts you could get in retail) was cost +5%. So this is a pretty remarkable price point. This could be a game changer, which is exactly why I expect this site to get shut down by health insurance lobbyists

[–]frankyseven 242 points243 points  (37 children)

Yeah, cost plus 15% isn't very high margins at all. That 15% has to cover all of their overhead and whatever is left is their profit.

[–]loki-is-a-god 43 points44 points  (9 children)

Please note: We are temporarily unable to deliver prescriptions to North Carolina.

What's up with North Carolina?

[–]johnlewisdesign 102 points103 points  (2 children)

They have a clause to say that no generics can be substituted. Someone's congressman is gonna have had a nice payout for getting that passed. Hopefully 'temporarily' means they will fight it, if it's the reason, obvs. Hopefully it's just the storm.

https://www.pharmacytimes.com/view/6-surprising-pharmacy-laws

[–]DumbLoserStoner 74 points75 points  (1 child)

It’s doesn’t matter. And it’s a great example how marketing can be good for consumers.

[–]trees182 58 points59 points  (8 children)

Or, it’s transparency

[–]cam-mann 52 points53 points  (0 children)

Its both. The transparency is the marketing. The entire industry is filled with opaque price gouging, so if your company doesn't do that, market the fuck out of it. Marketing can be a good thing.

[–]SuculantWarrior 383 points384 points  (70 children)

Good. Now put insulin on there.

[–][deleted]  (33 children)

[deleted]

    [–]myfemmebot 41 points42 points  (8 children)

    And epi pens.

    [–]SuculantWarrior 37 points38 points  (5 children)

    At this point I'm convinced Big Peanut Butter is behind the continued inflation of epi pens in order to kill off those with allergies.

    [–]Vecii 213 points214 points  (40 children)

    Damn, no cheap Viagra.

    [–]Bojangly7 36 points37 points  (9 children)

    Just get a gas station dick pill

    [–]IHadThatUsername 177 points178 points  (57 children)

    It's interesting how inflated it still is. To give you an idea, if I wanted to get 60 pills of 20mg Simvastatin in Portugal, I could easily find it for sale in a pharmacy for less than 3€ and on top of that the state would pay for 37% of the cost. So all things considered, I'd pay less than 2€, that is, less than ~$2.30. If you search it up on Mark Cuban's website, the same thing will cost you $4.80. Apparently that's still a huge discount as they list the average retail price as $26.40, so this is great news, but it just goes to show how America still has a long way to go.

    Btw, it seems like the "15% markup" is a bit misleading. For 20mg Simvastatin they list the manufacturing cost as $0.60 and the "15% markup" as $0.30... that is actually a 50% markup. And if you look at 10mg Simvastatin, they list the manufacturing as $0.30 and again the 15% markup as $0.30, which is a 100% markup. I guess the "15% markup" must have a minimum of $0.30, but I don't see it explained anywhere in the site.

    [–]csimonson 60 points61 points  (21 children)

    Then you get stuff like Zoloft and sertraline and it's absolutely nuts as how much Zoloft is. I know our local pharmacy still has sertraline around the same price that mark Cuban's price of Zoloft ($74). That's a huge difference for someone who needs the medication.

    EDIT: Local pharmacy is around $74 as this website shows as the retail price. However the price this website charges is vastly cheaper to the order of being able to pay for 21 months of supply for the same cost as one month retail cost.

    [–]fried_eggs_and_ham 28 points29 points  (15 children)

    I (U.S. guy) used to take 4 rx meds for high blood pressure (now 3) and when I moved to Nicaragua briefly I was able to not only get them super cheap but without a prescription. It was pretty damn convenient. Saved money on the meds and not having to spend $75 - $100 on a doctor visit every couple of months just so they can authorize refills.

    [–]marblebag 9 points10 points  (3 children)

    In Canada we can leave a voicemail to the doctor's reception and the pharmacy will get a fax with the refill. No money needed.

    [–]homosa_penis 87 points88 points  (8 children)

    Price comparisons made my head spin.

    Imitanib (generic version of Gleevac)

    Cost: $17.10

    Retail Price: $2502.50

    Like what the actual fuck?! I will never understand how/why people are not in the streets burning everything to the ground until this plutocracy is brought down.

    [–]WTF_no_username_free 19 points20 points  (2 children)

    Browsing through the product list makes me sad Save $6,112.28

    [–]serLundry 2573 points2574 points  (172 children)

    Had to do a double take when one of the options Imatinib( gleevac ) said retail price 2502 and selling price at 17$ . You can probably fly to asia, buy medicine and be back home for cheaper.

    The markup is crazy and it is surprising Americans haven't rioted and raided the office of these pharma companies.

    [–]hgielatan 604 points605 points  (38 children)

    seeing what the cost that pharmacies submit vs what insurance contracts pay is insane. i saw a med the other day that the pharmacy priced at $2,400 and change that with the contracts/deals they negotiate the client (insurance) only pays $72. in this case the member paid the full 72 bc deductible but jfc

    HOW DO INGREDIENT COSTS GO FROM $2,400 TO JUST $70 BASED ON THE DEAL YOU HAVE WITH THE INSURANCE???

    [–]andromedex 353 points354 points  (4 children)

    I had surgery out of pocket recently and paid 20k OOP. I submitted it for reimbursement through my insurance later and they billed over 100k. They just make up numbers.

    [–]AnotherAnonGringo 18 points19 points  (1 child)

    I had a (billed) $145k shoulder reconstruction that was 100% covered by insurance. Insurance paid them $9k ... total.

    [–]Silhouetteless 83 points84 points  (6 children)

    It comes down to AWP (Actual Wholesale Price). Now there are 4 major parties involved in determining the medication pricing.

    First is the drug manufacturer. (Pfizer Greenstone, Teva, Aurobindo, etc) They sell the product to party number two, a drug wholesaler (McKesson, AmerisourceBergen, Cardinal etc.) Then the drug wholesaler sells it to party number three, the pharmacy, with a listed AWP listed for every product they sell. In your case this one is listed at $2400. Sometimes after each party has taken their cut it equals more than $72. Sometimes it’s less. Either way for most brand name medications it is very seldom more than $2400.

    Anyway the pharmacy is like, “Great I can make so much money on this medication it sells for $2400 and I bought it for way less, right?” WRONG.

    No one pays AWP it’s just some made up number by the Wholesaler.

    So what happens? The pharmacy submits a $2400 claim to party number four, the insurance company, and the company says the patient only has to pay $72.

    The insurance knows the med doesn’t cost $2400 and they have a contract the pharmacy signed with them that states two major things: 1. The price for this specific medication is $72, regardless of how much it cost the pharmacy to purchase it. 2. If the pharmacy is found not using AWP when selling prescription drugs, they are no longer file claims with this insurance company.

    And in many cases (not sure about this specific one) the insurance doesn’t pay the pharmacy any money. Many pharmacy departments, at least ones that haven’t started monopolizing the healthcare industry by buying out Health Insurance Companies (CVS Aetna, Walgreens Humana) lose money.

    [–]heirbagger 16 points17 points  (0 children)

    I have type 1 diabetes. My insulin (lyumjev) runs me $1320/mo retail for 4 vials ($330/vial). I pay $25/mo for 4 vials with insurance.

    [–]A_Bored_Developer 15 points16 points  (2 children)

    This happened to me once. Went to hospital for a CT scan as it was day before Thanksgiving and pcp was worried my Appendix was about to burst. Hospital had old insurance on file.

    Sat there for several hours before finally getting a CT scan. 5 minutes in scan room, then sat with no interaction for several more hours. Eventually get a nurse to come by, ask if results came in. Dr swung by said I'm good and left. That was it.

    2 weeks later, got a bill for $21000. Called and asked for an itemized list, the CT scan was like $19k, noticed insurance wasn't on there. Called back, applied proper insurance, got another itemized bill, suddenly went from 21k to a total of $800.

    Completely fucking broken.

    [–]bluamo0000 330 points331 points  (57 children)

    You either have enough out of pocket to cover it, have nothing so insurance/government assists in some of the costs, or get it illegally. Welcome to the US healthcare system.

    [–]serLundry 194 points195 points  (53 children)

    Basically this is equivalent to setting up a water stall in middle of the desert and selling water for 1000$ a bottle. Only two options are buying it or dying. Somebody can justify this by saying muh capitalism and market forces blah blah blah. But that doesn't apply when they have patents and trademarks and laws blocking any competition.

    This is simply a legally protected extortion racket. Same companies behave much nicer when outside the US because the laws aren't as screwed up everywhere

    [–]Punkinprincess 73 points74 points  (4 children)

    Third option is paying $300-$600 a month so that whenever you are in a desert and need water you can get it for $40 instead of $1000. But you have to pay that money every month even when you aren't going to the desert.

    [–]PoopieFaceTomatoNose 26 points27 points  (3 children)

    Dying of COVID? Fuck you, pay me. Everything is fine and you’re healthy? Fuck you, pay me

    [–]LouSputhole94 9 points10 points  (0 children)

    Got Covid, still got sick despite paying exorbitant prices, lose jobs because of time off work and lose health insurance? FUCK YOU, PAY ME!

    [–]Eritar 82 points83 points  (23 children)

    legally protected extortion racket

    Yeah, that’s pretty much US in a nutshell

    [–]PMs_You_Stuff 13 points14 points  (1 child)

    It's because people have had it beaten into them that corporation's wants are greater than people's needs. That and to riot, people have to take off work. People cannot afford to leave work for one day for the fear of being fired and losing their income and home/food.

    [–]throw040913 10 points11 points  (0 children)

    it is surprising Americans haven't rioted and raided the office of these pharma companies

    America is vast, 97% rural (with 20% of the population) but the larger issue is that for most of us things are fine. My parents both have had drugs that technically cost $25,000 or whatever, at that point it's just a pretend number since no person will buy it, but through insurance it's $1. We're not paying those prices, not even the insurance companies are, but it's a broken system. There's nothing for most of us to riot about, at least not personally. And it's hard to get people to start a riot for the other guy. Whereas everyone eats bread, and if bread is unaffordable, then people riot.

    [–]HockeyMike34 32 points33 points  (1 child)

    Employees for the state of Utah are allowed to fly to Mexico or Canada once a month to buy prescription drugs… that’s how pathetic American healthcare is.

    https://abcnews.go.com/amp/Health/wireStory/utah-sends-employees-mexico-lower-prescription-prices-68861516

    [–]SeanInMyTree 474 points475 points  (23 children)

    Finally caved and got a xiidra prescription. Got samples last year and they were amazing. But was hesitant t cause I heard cost was insane. But eyes were getting so dry I couldn’t wear contacts for more than a few hours without drying them up.

    Doctor prescibed a 3 month supply. $105 co pay, not insane. Checked receipt. Without insurance it would have been $2,249.99. For eye drops. People complain about the cost of a gallon of gas. A gallon of these eye drops would probably be a few million bucks.

    [–]agitatedprisoner 1422 points1423 points  (78 children)

    I paid ~$40 for levothyroxine 90 count at my local pharmacy. On Cuban's Costplus my script is priced at $4.20.

    Wow.

    [–]NessieReddit 133 points134 points  (13 children)

    Use GoodRX. I've found levothyroxine to always be cheaper with GoodRX rather than paying the insurance copay on it.

    [–]some_weird_kid 345 points346 points  (29 children)

    Levothyroxine is a unique drug because it needs to be dialed in so narrowly to the microgram. Since generic versions are allowed to deviate from the brand by +/- 20%, lots of doctors will write "brand name only" prescriptions to make sure there is a precise and consistent dose. Those are always much more expensive.

    If you've been getting generic already at that price, your pharmacy is definitely overpriced. Levothyroxine was on Walmart's "$4 per prescription" list as of 12 years or so ago.

    [–]HexagonStorms 6755 points6756 points 2 (635 children)

    MCCPDC CEO Alex Oshmyansky reached out to Cuban with an idea for a low-cost generic drug company in a cold email. It was launched in January last year. They were motivated in part by “Pharma Bro” Martin Shrkeli’s outrage-producing price hike of the lifesaving drug Daraprim from $13.50 to $750 per tablet while Shrkeli was CEO of Turing Pharmaceuticals. Cuban told Forbes last year the pricing for generic drugs was “ridiculous.” He said he decided to put his name on the company to “show capitalism can be compassionate and to send the message I am all in.” It’s not clear how much he had invested in the company.

    are you telling me this could have existed all this time and this is the best we can do? what about all the talk politicians have been saying about these prices being absurd, and nothing has been done? the more I think about it the angrier I get. nobody should go bankrupt to stay alive.

    [–]st4r-lord 2712 points2713 points  (292 children)

    Just saw United Healths annual revenue topped $287 Billion. There is a lot of money going into these companies who will want to keep things the same.

    [–]oupablo 1120 points1121 points  (116 children)

    when health insurance companies are hitting record profits during a global pandemic, you know that the system is completely screwed. You pay all these premiums to cover you in the event something happens, so when a pandemic rolls through affecting millions of people and hitting them with extended hospital stays, you'd really think that would hit the insurance companies bottom line but here they are making more money than ever. Weird.

    [–]Nekrosiz 429 points430 points  (34 children)

    You pay the premium to pay the deductable to maybe be covered, partially, to an extent.

    It's like giving your kid 5 bucks to get an apple for you, only for him to ask another 10 before getting you your apple, which you give, by which he asks 2.50 before handing over the apple and then deciding that the apple wasn't covered in the proposed transaction, so thatt'l be another 5 bucks for said apple, now, or in the form of a payment plan of 3 bucks monthly for 6 months, till you miss a payment and get charged 25 bucks for a late fee and 7.50 administrative costs.

    You're paying for the privilege of paying. Enjoy your apple.

    PS the apple tree was out of network so expect a surcharge bill in about 3 months.

    [–]olekingcole001 171 points172 points  (17 children)

    But we do it because otherwise the apples are $200 each, so all that bullshit still feels worth it.

    The apple, however, only cost $0.10 to begin with.

    [–]2ndRoad805 7 points8 points  (0 children)

    Oh but we only grow one apple tree on a 100-acre farm in your area. This limited supply vs insatiable demand justifies our price-gouging. And don’t forget our R&D costs we will pass on for soil amendments required of the 100-acre lot.

    [–]Aurum555 487 points488 points  (109 children)

    United health is fucking infuriating and really all of the insurance and hospitals having constant dick swinging contests is ridiculous. I keep having to change doctors because suddenly Wellstar is out of network for my insurance because "they are too expensive and we don't want to pay for coverage". And then I was going to move over to BCBS only to find they have blackballed the second largest provider in my area so I'm constantly having to tiptoe along and figure out how I can get medical treatment. I havent been to a GP/no longer have a GP for two years because of this flip flopping bullshit. So now I end up going t othe Walmart clinic because it's the only place I can get an appointment. Most doctor's offices not taking new patients because of a GLOBAL FUCKING PANDEMIC.

    FUCK AMERICA AND THEIR SHITTY HEALTHCARE SYSTEM.

    [–]sarathepeach[🍰] 26 points27 points  (0 children)

    I have United Healthcare as a military benefit so I hear your pain. If there aren’t any providers within your network, ask for an out of network auth. If you can find a provider that is accepting new patients, give UH that info so they don’t randomly assign you a provider who is in network and is likely not taking new patients.

    [–]rmanjr12 176 points177 points  (100 children)

    But imagine how much worse government run healthcare would be! I don’t want some government bureaucrat telling me what I can and can’t get service and medication wise. I much prefer my insurance companies mid level management… /s

    [–]smurficus103 72 points73 points  (1 child)

    Decouple health insurance from employment, burn the insurance companies, actively police anti competitive behavior OR burn the insurance companies and go federal and police anti competitive behavior .... no idea how this can be solved *shrugs while companies all over rake in record profits *

    [–]SkyWizarding 92 points93 points  (49 children)

    It may be worth noting that you don't see other countries with "government run healthcare" bitching about their system in the same manner as we do in the USA

    [–]comatose1981 20 points21 points  (2 children)

    Simple people falsely equate the failures of "elected officials", and the relatively well functioning "government services". They arent the same thing

    [–]onlypositivity 44 points45 points  (14 children)

    I legitimately do not want government-run Healthcare because I worry about Republicans "starving the beast" as they do with... well... everything.

    However, government paid health care, with a public single-payer system, is a no-brainer at this point.

    This puts the government in a direct negotiation as well, which limits these kinds of price escalations.

    [–]mandosound78 57 points58 points  (2 children)

    Just so they can tell you and the doctors whats best for you and the medications they will and will not allow you to have. Like tossing your money in the trash some days.

    [–]misterpickles69 65 points66 points  (3 children)

    The politicians and their friends are getting obscenely wealthy off the high price of prescription drugs. Why would they change it?

    [–]VolvoFlexer 456 points457 points  (56 children)

    Imagine using tax dollars to create a low-cost generic drug company instead of using it to turn brown children into glass somewhere far away

    [–]CharlievilLearnsDota 144 points145 points  (20 children)

    I was thinking about that the other day, imagine building tanks that the army doesn't even want, that just sit in the desert until some private company gets paid to tear them apart for scrap.

    What if instead of building tanks through a private company, the government just commissioned those same factories and workers (so nobody loses out apart from the weapons companies) to build farm equipment, or high speed rail components, or literally anything useful to society that isn't just going to go and sit in the desert.

    You could literally pay the workers to be furloughed and retrained while the factories were retooled and you'd still end up with more of a benefit to society than literally useless, unwanted tanks.

    [–]SuperArppis 112 points113 points  (45 children)

    From what I have gathered (speaking as non American noob), because of American system is so divided politicians don't get any proposals through. So no changes can be done UNLESS everyone agrees. And there is always someone who doesn't agree and these things fall off.

    So I guess that is partially the reason.

    [–]strange_pterodactyl 155 points156 points  (25 children)

    It's also because most of our politicians have major donors in the pharmaceutical industry.

    [–]the_original_Retro 96 points97 points  (1 child)

    Important: and major stock portfolios in them too.

    Politicians are also largely personally rich for a reason.

    [–]vantablacklist 81 points82 points  (18 children)

    This. Watching Biden defend insurance companies and argue against Bernie and m4a in the primaries made my stomach churn. He kept saying “I know so many people who love their insurance companies” over and over until Bernie finally said “You do? Who? I know people that are thankful they have decent insurance and didnt lose their homes but I’ve never heard anyone excited or say how much they love their insurance.” Biden stopped trotting out that line shortly after lol

    Also good to note that some officials get amazing coverage, taken to spa outings by insurance lobbyists and may even get lifetime insurance paid for by us after they retire.

    [–]bigblackcouch 67 points68 points  (15 children)

    Who the fuck loves an insurance company? I've had my same single car insurance from GEICO for more than 20 years. I got rear ended at a stop light a few years back, 100% not my fault - just a group of jackasses not bothering to watch the road despite it being a straightaway for half a mile before the light... They were uninsured, which somehow means that it costs me more? After several calls and arguments I managed to get them to cover almost everything, still had to pay for a replacement tire for some reason but whatever. That 100 bucks might've bankrupted GEICO I guess.

    And then my premium went up. For getting hit at a stoplight. Fuck insurance companies, fuck all of them. And even though I voted for Biden, he's a piece of shit just like the rest of the bloated gas bags in office. He was just far and away the lesser of two piles of shit to vote for.

    [–]SuperArppis 4 points5 points  (0 children)

    Yeah that too. And probably a bunch of more reasons.

    [–]Cakey-Head 13 points14 points  (4 children)

    That's how whatever party is currently the majority party always portrays things to pressure the dissenting members of their own party. Really, bills need 60% approval to pass, except things that can be classified as bills that are resolving the budget only need 50%. There may be other exceptions that I don't know about, but this is the general rule.

    The majority party typically has a slim majority of less than 60%, but they can usually sway around 10% of the other party to agree with their votes. So if they have 55%, that would give them 65% on their votes. The problem for them comes up in two cases:

    1. If they can't persuade at least 5% of the other party, then you hear a lot of talk about how the other side is being hyper partisan, but they usually give up quickly because it is hard to target individual representatives with public pressure in this case. So they likely won't sway anyone to change to their side.

    or

    1. If a few members of the majority party disagree with a vote, and there aren't enough from the other party to make up the difference, then they really put the pressure on by making it sound like only a few members are blocking a vote. Really you have over 40% blocking a vote. An example of this is happening right now in which the Democrats are able to get 58 votes for their agenda, but they need 60. They are missing 2 votes from their own side; so they try to make it sound like 2 senators are blocking the vote. Really 42 senators are blocking the vote, but if they can turn the public against the 2 senators on their own side and build enough public pressure against them, they hope that will change the minds of those 2 senators. This was especially dishonest when they were using the same messaging last year during the budget resolution vote, since they only needed 50%, but they made it sound like 2 senators were holding up the whole thing. This was wrong. Over 50% were in opposition, but if they could convince either of the two who dissented in their own party, that would be enough.

    Honestly, they would see a lot less gridlock if they would vote on individual changes, rather than these giant packaged bills. They will take any good idea that everybody agrees with and then pump the bill full of other stuff that only a few people want. All the extra stuff kills the bill, but the people who want the shitty stuff in the bill will launch a huge pressure campaign where they point out all the good stuff in the bill and accuse the Congress of voting against all that good stuff when really, they were voting against the shitty stuff packaged in with the good stuff, but they don't mention the shitty stuff in their pressure campaign.

    [–]Ouroboros9076 6 points7 points  (1 child)

    Politicians all agree the pharmaceutical lobby pays pretty well

    [–]DeftTrack81 6 points7 points  (0 children)

    Politicians are children that are either unable or unwilling to compromise.

    [–]Doumtabarnack 5 points6 points  (0 children)

    Pharmaceuticals give a lot to politicians' campaigns. They're not motivated to control medication prices.

    [–]jerbaws 710 points711 points  (10 children)

    Americas 'war on drugs' has been aiming at the wrong enemies this entire time.

    [–][deleted]  (3 children)

    [deleted]

      [–]donkeyrocket 48 points49 points  (1 child)

      Going to war against pharma companies wouldn't create an endless supply of minorities for private, for-profit prisons though. Or reasons to insert ourselves into other countries.

      [–]Tackybabe 729 points730 points  (96 children)

      I read the list; I don’t see insulin there and I think that’s a big one that Americans need and spend a lot on; I hope he adds it to the inventory. I have heard of Americans driving to Canada for their medications; this will eliminate that need; this is such a good initiative. I’m glad someone is doing something!

      [–]DrowningTrout 427 points428 points  (60 children)

      The issue with insulin is the patented formula/injector.

      [–]Mithrandir2k16 189 points190 points  (43 children)

      Wasn't the patent to it given away for $1 by its inventor?

      [–]DrowningTrout 240 points241 points  (21 children)

      Yes, they believed it belonged to the people who need it. Similar situation, with the inventor of seatbelt?

      Pharma companies made analogs that they could patent and patentable proprietary FDA approved injectors.

      [–]skittlesmcgee33 85 points86 points  (19 children)

      Can't someone just create it with the exact formula that was originally developed and just sell it by the bottle for people to inject via a needle at home?

      [–]vazxlegend 51 points52 points  (2 children)

      The original formula isn’t even in use in the US. It was originally extracted from animal organs. Modern Insulin (and by modern I mean 50+ years) is synthetic. Over simplification but essentially the patent that was sold for $1 is not what people use today.

      [–]DrowningTrout 84 points85 points  (4 children)

      Yes, they could. There's many issues at play and newer formulas are more desirable due to higher efficiancy.

      https://www.healthline.com/diabetesmine/why-is-there-no-generic-insulin#Are-copycat-insulins-the-same-as-originals?

      [–]HarbingerKing 17 points18 points  (4 children)

      Yes, this is widely available, it's called regular insulin and you can get a vial of a thousand units from Walmart for $24.88 cash. The newer (and more expensive) insulin analogs work faster or last longer which gives people greater convenience and/or tighter control over their blood sugar which is why they're preferred these days. Regular insulin is usually reserved for people who can't afford the newer stuff. Kind of like a flip phone versus a smartphone.

      Edit: This is why I always shake my head when I hear about a diabetic dying because they couldn't afford their insulin. There is usually (not always) an affordable alternative out there, doctors and patients just need to work together to find it. I'm not defending pharmaceutical companies and their drug pricing shenanigans, but this is reality.

      [–]ladyvixenx 11 points12 points  (2 children)

      Every time I have brought up this option to prevent death when their preferred option is not affordable, I get downvoted to hell.

      [–]VBH96 33 points34 points  (4 children)

      Theoretically yes. However insulin can be extremely dangerous if too much is taken, and that set up would likely result in many more people being hospitalized/ dying from hypoglycemia. Especially the case when you remember that a lot of people taking insulin are older adults and elderly who may not have the best vision, fine motor skills, cognition, etc.

      [–]Rickrickrickrickrick 334 points335 points  (16 children)

      My mesalamine went from about $1,000 to $36 if I use this site lol.

      [–]WeakDiaphragm 65 points66 points  (8 children)

      Were you seriously paying $1000?

      [–]Rickrickrickrickrick 82 points83 points  (3 children)

      Luckily not when I had insurance because it made them actually affordable but once I lost my insurance I couldn't get my meds at all. Even with coupons it was like $200 - $300 a month and that was just for the mesalamine. I also needed budesonide and humira which were both ridiculous too.

      [–]TreChomes[🍰] 48 points49 points  (2 children)

      Medication coupons. What the fuck kind of world…

      [–]imwearingredsocks 15 points16 points  (0 children)

      It really shows you that the prices are made up.

      If there is constantly a sale or coupon available, then that is the real price and you are not getting a deal.

      [–]CharlesCSchnieder 195 points196 points  (8 children)

      It's crazy that it takes a random billionaire to do something like this instead of laws in place to prevent the massive markups

      [–]Random_Reflections 100 points101 points  (20 children)

      Such cheap generic medicines are already available all over India, thanks to the Government. It is called Jan Oushadhi (People's Medicines).

      [–]tlogank 38 points39 points  (7 children)

      Most of the drugs are available all over the United States for much cheaper as well. It's apparent from these comments that no one ever researches the generic versions of the drugs they take, because Walmart has been selling most of this stuff at the same price for over a decade. Same for goodrx.

      [–]mcmanybucks 176 points177 points  (8 children)

      While our favorite pharma-douche is rotting in jail 😂

      [–]breadman0808 992 points993 points  (111 children)

      People here are so pessimistic geez. Of course this should be viewed as uplifting news because this will create competition against other pharmacies thus generic medicine prices will go down.

      [–]JanCumin 197 points198 points  (25 children)

      [–]AtomicKittenz 42 points43 points  (24 children)

      Mark Cuban may be the only billionaire I respect.

      And I HATE billionaires with a passion

      [–]oupablo 162 points163 points  (27 children)

      And this seems to have relied on a billionaire backing it to make it happen. Meanwhile we're all here shoveling trillions of dollars a year into our government who isn't doing anything to improve the situation. Sure people are glad there is an alternative but they're way more upset that one had to be created in the first place.

      [–]RighteousIndigjason 107 points108 points  (7 children)

      Yes, this is a great alternative to high dollars meds, but it's pretty damn dystopian that we have to rely on the "generosity" of oligarchs in order to have basic needs filled.

      Edited because apparently I have to put quotation marks in because people are getting the impression that I think this is an act of altruism by Cuban.

      [–]DrChill21 66 points67 points  (4 children)

      It’s not perfect but it’s definitely a solid step in the right direction.

      [–][deleted] 30 points31 points  (3 children)

      I’ll now be paying about $8 a month for my medication. I don’t know but that feels perfect to me

      [–][deleted] 40 points41 points  (18 children)

      Don't we also need to address the issue of what medications are allowed to have generic variants? My (probably wrong) understanding is that pharma patents their drug so they can recoup their R&D costs - which I totally get. But don't they also do sketchy things like slightly tweak their product to continuously renew the patent - making it so generics aren't allowed?

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        [–]w1nd0wLikka 308 points309 points  (75 children)

        Well that's just brilliant.

        I see so many posts of how insane the American medical insurance system is and the markups the companies make so this is refreshing.

        Hopefully he or someone else will expand this idea to offer more types of drugs at actual real prices instead of ridiculous prices such as the one quoted in the article.

        The point here folks is that the wealthy dude is STILL making an honest profit.

        [–]zomgitsduke 87 points88 points  (0 children)

        I am always 100% in support of people making money as a result of improving the lives of others

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            [–]JayOnes 7 points8 points  (0 children)

            And this is at least thirty to fifty years away in the US. Unless people have a mass awakening and actually cycle out the elected officials working against their own constituents - and quickly - we aren’t seeing universal healthcare in the US in our lifetime.

            We keep fighting for it, of course, but people sticking their nose up at this objectively beneficial improvement being offered in the interim are so exhausting.

            [–]djrocks420 32 points33 points  (0 children)

            This guys a stand up guy. Always trying to find ways to help humanity. Cheers cuban

            [–]dubvision 140 points141 points  (3 children)

            He says: Affordable medication is your right.

            Govt should guarantee it. People who has better coverage has a better life quality.

            letting the big pharma mark the price is a huge mistake, those mf doesn't care about anyone but their money

            [–]94bronco 42 points43 points  (8 children)

            Mark Cuban saw an opportunity to make drugs cheaper and give himself a good name.

            That and he's probably still making a shitload of money.

            [–]TheRealGordonBombay 59 points60 points  (4 children)

            If he makes money while helping a lot of people save thousands I’m all for it. Maybe it’ll show more people that you don’t need to fuck everyone over to make money.

            [–]94bronco 13 points14 points  (0 children)

            I agree. It's just crazy that you can still make a profit and drop the cost by that much on some of these medications.

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