Mark Cuban Says You 'Might Be Better Off' Without Health Insurance At All If You Can't Afford The Deductible

Core Argument - Mark Cuban highlights a significant issue in the U.S. health insurance system, stating that rising deductibles make it difficult for many to utilize their insurance effectively, leading to a situation where individuals pay premiums but cannot afford the care they need [1][3]. Rising Deductibles - Cuban argues that as deductibles increase, fewer individuals can afford to use their insurance, which effectively leaves them without coverage despite ongoing premium payments [2][3]. - This situation is described as a structural flaw in the health insurance model, where the financial burden of high deductibles prevents access to necessary medical care [3]. Cash Pricing vs. Insurance - Cuban suggests that in some instances, paying healthcare providers directly may be more cost-effective than relying on high-deductible insurance plans, as cash prices can be lower than negotiated rates through insurance [4]. - He encourages individuals to seek out doctors willing to work directly with them on payment terms, potentially leading to savings compared to traditional insurance models [4].