Buying From Mark Cuban’s Pharmacy Could Save Medicare Billions, Study Says

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Medicare, the federal health-insurance program for seniors, could save billions of dollars a year if it bought prescription generic drugs from a new pharmacy backed by Mark Cuban, Harvard Medical School researchers estimate

The program for seniors could have saved as much as $3.6 billion over one year if it had bought generic drugs from the pharmacy, Harvard Medical School researchers estimate

Billionaire internet entrepreneur Mark Cuban launched his pharmacy in January with an eye toward disrupting the $365 billion U.S. prescription-drug market.

 

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He does plan to take any insurance plans.

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