4.6 • 16K Ratings
🗓️ 8 March 2024
⏱️ 66 minutes
🧾️ Download transcript
Mark Cuban joined Rep. Crenshaw to talk about his latest endeavor to bring market-based competition to drug pricing and health insurance. Mark explains how the pharmaceutical industry currently works and how drugs are priced. They explore the intricacies behind drug pricing models, insurance coverage, and the complex role that Pharmacy Benefit Managers play in all of it. And Mark shares his vision for a transparent, market-driven, and more humanitarian approach to drug pricing.
Mark Cuban is an owner of the Dallas Mavericks and investor on the TV series Shark Tank. Follow him on Twitter at @mcuban.
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0:00.0 | We hold these truths to be self-evident that all men are created. |
0:03.2 | As a member of Congress, I get to have a lot of really interesting people in the office. |
0:07.2 | Experts on what they're talking about. |
0:08.8 | This is the podcast. |
0:10.0 | For insights into the issues. |
0:11.5 | China, bioterrorism, Medicare for all, in-depth discussions, |
0:15.9 | breaking it down into simple terms. |
0:17.9 | We hold, we hold these truths. |
0:20.1 | We hold these truths. |
0:21.2 | With Dan Krenshaw. |
0:22.1 | The eagle has landed. |
0:24.0 | Hey everyone returning to hold these truths. |
0:26.0 | We have former Dallas Mavericks owner and Shark Tank investor, Mark Cuban, |
0:30.0 | since we last spoke to Mark. |
0:32.0 | He's been doing some interesting work outside of sports or |
0:34.8 | television or some of his usual investments this time. It's on health care, specifically drugs. |
0:40.0 | It's focusing on the business model that is traditionally paid for our drugs because I know that's what really makes everybody mad how we actually pay for our health care |
0:47.6 | And he's gonna turn it all on its head with his new decision to enter the drug business. |
0:53.2 | So I want to understand today what his model is, |
0:58.0 | because the drug pricing continues to be one of the most important issues |
1:00.5 | for voters, for Americans, for everybody. There's other options out there that |
1:06.2 | have actually been implemented unfortunately such as price controls for |
... |
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