Mark Cuban

In fact, if you do business with them right now and you just ask for your claims data, meaning how many people use Humira that we're paying, what are we paying for it? They won't even give it to you unless you really, really scream and yell at them. And then they'll charge you and take six months to get it.

In fact, if you do business with them right now and you just ask for your claims data, meaning how many people use Humira that we're paying, what are we paying for it? They won't even give it to you unless you really, really scream and yell at them. And then they'll charge you and take six months to get it.

So like when we moved away from them, we wanted to get what our claims data was to understand what we were going to be facing. They wouldn't give it to us until like six months later. I forget the exact month. And then they charge us for it as well. Our own data.

So like when we moved away from them, we wanted to get what our claims data was to understand what we were going to be facing. They wouldn't give it to us until like six months later. I forget the exact month. And then they charge us for it as well. Our own data.

So like when we moved away from them, we wanted to get what our claims data was to understand what we were going to be facing. They wouldn't give it to us until like six months later. I forget the exact month. And then they charge us for it as well. Our own data.

So I can speak for my own companies and this applies to all companies, bigger companies that self-insure because we self-insured. When we started Cost Plus, I finally said, okay, it's time for me to understand how I'm paying for my healthcare, for my employees and their families. And the first thing I looked at was a lot of these companies use employee benefits consultants.

So I can speak for my own companies and this applies to all companies, bigger companies that self-insure because we self-insured. When we started Cost Plus, I finally said, okay, it's time for me to understand how I'm paying for my healthcare, for my employees and their families. And the first thing I looked at was a lot of these companies use employee benefits consultants.

So I can speak for my own companies and this applies to all companies, bigger companies that self-insure because we self-insured. When we started Cost Plus, I finally said, okay, it's time for me to understand how I'm paying for my healthcare, for my employees and their families. And the first thing I looked at was a lot of these companies use employee benefits consultants.

And it turns out I was paying $30 per employee per month. which was millions of dollars a year, and they were just sending us to the companies that paid them the biggest commissions. I'm like, how fucking dumb am I, right? So I'm like, okay, we're cutting that.

And it turns out I was paying $30 per employee per month. which was millions of dollars a year, and they were just sending us to the companies that paid them the biggest commissions. I'm like, how fucking dumb am I, right? So I'm like, okay, we're cutting that.

And it turns out I was paying $30 per employee per month. which was millions of dollars a year, and they were just sending us to the companies that paid them the biggest commissions. I'm like, how fucking dumb am I, right? So I'm like, okay, we're cutting that.

And then I looked at our medication, our prescription deal that goes through the PBMs that we were using and that the consultant connected us with. And I took a list of, this was early on in Cost Plus Drugs, list of the generic drugs that we sold that cost more than $30 that the Mavericks also had purchased, right? We were able to get that claims data.

And then I looked at our medication, our prescription deal that goes through the PBMs that we were using and that the consultant connected us with. And I took a list of, this was early on in Cost Plus Drugs, list of the generic drugs that we sold that cost more than $30 that the Mavericks also had purchased, right? We were able to get that claims data.

And then I looked at our medication, our prescription deal that goes through the PBMs that we were using and that the consultant connected us with. And I took a list of, this was early on in Cost Plus Drugs, list of the generic drugs that we sold that cost more than $30 that the Mavericks also had purchased, right? We were able to get that claims data.

And it turns out we spent $169,000 with that PBM, one of the big three PBMs, and it would have cost us buying from Cost Plus Drugs $19,000. And that's just a simple example. Then I looked at the insurance side of things, right?

And it turns out we spent $169,000 with that PBM, one of the big three PBMs, and it would have cost us buying from Cost Plus Drugs $19,000. And that's just a simple example. Then I looked at the insurance side of things, right?

And it turns out we spent $169,000 with that PBM, one of the big three PBMs, and it would have cost us buying from Cost Plus Drugs $19,000. And that's just a simple example. Then I looked at the insurance side of things, right?

We self-insure, so there weren't premiums per se, but we were getting charged $17.15 per employee per month just to use the network that they put together for us, providers, hospitals, whatever. And I'm like, all right, are there companies that won't charge us to put together these networks? Turns out there's a lot of them.

We self-insure, so there weren't premiums per se, but we were getting charged $17.15 per employee per month just to use the network that they put together for us, providers, hospitals, whatever. And I'm like, all right, are there companies that won't charge us to put together these networks? Turns out there's a lot of them.

We self-insure, so there weren't premiums per se, but we were getting charged $17.15 per employee per month just to use the network that they put together for us, providers, hospitals, whatever. And I'm like, all right, are there companies that won't charge us to put together these networks? Turns out there's a lot of them.