Mark Cuban on TrumpRx: It's not going to change the game, but I give them credit for trying
CNBC Television·2025-10-20 15:12

Drug Pricing Initiatives - The Trump administration is making efforts to lower drug prices through initiatives like most favored nation and Trump RX [2] - Mark Cuban's Cost Plus Drugs is providing its API to Trump RX as a referral site, updating them daily with price reductions [2][3] - Trump RX is seen as a good start but superficial, not a game-changer for everyone's lives [4] - Dr Oz aims for 95% of US drugs to be more affordable within four years through these initiatives [12] Cost Plus Drugs Impact - Increased volume for Cost Plus Drugs through Trump RX referrals will allow them to buy and produce more drugs, including shortage drugs for hospitals [9] - Cost Plus Drugs passes savings to consumers as volumes increase and prices decrease [3] Policy Recommendations - A provision should be added to Obamacare tax credit extensions allowing people to apply cash prices paid for drugs toward their deductible [6] - Nationwide implementation of policies allowing cash payments for drugs to be applied to deductibles is desired [7] Trump RX Platform - Trump RX will be a platform referring people to direct-to-consumer providers, including drug makers, Good RX, and Cost Plus Drugs [8][9] - CVS and Sigma have signed on to provide IVF drugs on Trump RX [13]