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Published · transcript-backed

Mark Cuban: prediction

29 Mar 2024 Lex Fridman Podcast #422 – Mark Cuban: Shark Tank, DEI & Wokeism Debate, Elon Musk, Politics & Drugs

“Whatever pricing we get, we’re going to post them all so that every company who’s our size or even bigger will have a template that they can work on, which will take it away from the big three insurance companies and the big three PBMs.”

— Mark Cuban

Source trail

Everything needed to verify it.

Speaker
Mark Cuban
Attribution
Verified speaker
Claim type
prediction
Recorded
29 Mar 2024
Publisher
Lex Fridman Podcast

Transcript context

…Is there other aspects of the healthcare industry that could use this kind of transparency and revolutionizing? Yes. Yeah. So what we’re going to do with our own healthcare, we’re not going to be in the business of selling healthcare or anything like that or operate, but the things we do for my companies, we’re only going to do deals with providers, healthcare providers, that allow us to be completely transparent. So that whatever contracts we do, we’re going to post them all. Whatever pricing we get, we’re going to post them all so that every company who’s our size or even bigger will have a template that they can work on, which will take it away from the big three insurance companies and the big three PBMs. Because now without that transparency, they have to use consultants who are getting paid by those big three, those big companies and aren’t giving them the best response. And so now that transparency will overcome that. And you’re using your, how should I say it, celebrity? Your name to push this forward?…

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