Mark Cuban: "I'm Dumb, I Can't Figure Out How To End World Hunger" But Promises To Keep Pushing For Affordable And Universal Healthcare

Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks, has made headlines recently for his candid admission about world hunger. When challenged about his wealth and its potential to solve the issue, Cuban responded, "I’m dumb. I can’t figure out how to end world hunger." However, he quickly shifted the focus to his commitment to improving the healthcare system in the United States.

Cuban's company, Cost Plus Drugs, has been making waves in the pharmaceutical industry by selling medications with a flat 15% markup, eliminating the middlemen that drive up costs. Since launching in 2022, the company has expanded to over 2,500 medications and is already pushing major industry players to reconsider their pricing models.



Cuban has been an outspoken critic of pharmacy benefit managers (PBMs), accusing them of prioritizing profits over lowering drug prices. He believes that PBMs were originally supposed to help lower drug prices but have now become too focused on making money. To fight back, he has made Cost Plus Drugs' entire price list public, allowing consumers to see just how much they can save compared to traditional pharmacies.

In addition to his work with Cost Plus Drugs, Cuban has been advocating for affordable and universal healthcare. He has suggested that hospitals should sell procedures at Medicare prices, as removing credit risk and administration costs would make it profitable. This approach could significantly reduce healthcare costs for patients.

Cuban has also questioned the need for insurance companies, arguing that they are not truly acting as insurance companies. He has proposed that employees could pay premiums but no additional costs, potentially leading to a more efficient healthcare system.

While Cuban's admission about world hunger may have raised some eyebrows, his commitment to improving the healthcare system in the United States is undeniable. Through Cost Plus Drugs and his advocacy for healthcare reform, he is making a tangible impact on drug pricing and access to affordable healthcare. As he continues to push for affordable and universal healthcare, his efforts are likely to have a significant and lasting impact on the industry.



In conclusion, Mark Cuban's admission about world hunger does not detract from his credibility in addressing other social issues, such as healthcare. Instead, it highlights his honesty and commitment to focusing on areas where he can make a tangible difference. His work in improving the healthcare system and his philanthropic efforts through the Mark Cuban Foundation further validate his credibility in addressing social issues. As he continues to push for affordable and universal healthcare, his efforts are likely to have a significant and lasting impact on the industry.