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@ Layer3.news
2025-02-24 19:50:24
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgzj8e74k6df32wrxaqsty6v5s42zvjxte0cn9cnzfllhjzr2v55tssjpv34
ELON MUSK ASKS FOR REASON US CAN’T AFFORD HEALTHCARE — MARK CUBAN GIVES 7 (AND A SOLUTION)
https://s.yimg.com/ny/api/res/1.2/msQSsA3vHfgKQFIpDfKL3w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/gobankingrates_644/68b94dd8027c19ca7e09cfa7c08e9f39
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✍️ Elon Musk asks why the US can't afford healthcare, and Mark Cuban responds with a scathing critique of the system, pointing out seven major reasons why healthcare costs are out of control.
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👉 Businesses sign contracts with PBMs that lock them into an overpriced system
👉 PBMs prioritize expensive medications over cheaper alternatives
👉 PBMs structure rebates to favor the sickest and oldest employees
👉 Independent pharmacies are reimbursed at lower rates, leading to fewer options for consumers
👉 CEOs are handcuffed from negotiating better deals due to contract restrictions
👉 PBM contracts come with NDAs that prevent CEOs from speaking out about the system
👉 Cuban proposes a direct-to-consumer pharmaceutical model that eliminates PBMs and allows for transparency and fair pricing
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#ElonMusk #MarkCuban #health
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