Mark Cuban Says Healthcare Economics Are Failing Consumers
Mark Cuban () argues that a lack of competition and complex corporate ownership structures are contributing to problems in the U.S. healthcare market.
- He says healthcare lacks meaningful competitive pressure, while Cost Plus Drugs is pushing established players to change.
- UnitedHealth ($UNH) reportedly operates more than 3,000 subsidiaries and handles $150 billion in annual intercompany transfers.
- Insurers can raise premiums and deductibles while directing patients toward healthcare businesses they already own, sometimes without patients being aware of those ownership ties.
Cuban's central argument is that limited competition and opaque corporate structures can reduce transparency and leave consumers with fewer choices.