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Paytient and Mark Cuban Cost Plus Drug Company Team Up for Affordable Prescriptions

In an ambitious move to reshape the healthcare payment landscape, Paytient, a frontrunner in employer payment solutions, has joined forces with the Mark Cuban Cost Plus Drug Company. This partnership aims to empower employees across nearly 7,000 companies to access and afford lower-cost prescriptions with ease.

Accessing Affordable Medication

Through this collaboration, Paytient members can now view clear and competitive cash prices for medications directly within their app. This feature not only allows users to save money but also streamlines their purchasing process. Furthermore, members have the option to spread their out-of-pocket payments over a designated period without incurring any interest or fees, adding an extra layer of financial flexibility.

Alex Oshmyansky, CEO of Mark Cuban Cost Plus Drug Company, shared his vision: "This is what a human-centered healthcare shopping experience should look like—simple, transparent, and accessible. People deserve to know the lowest price for their medication at their fingertips, and have the flexibility to pay for it however they want. When that reduces overall care costs, employers gain as well."

The Cost-Effectiveness Example

The synergy between Paytient and Mark Cuban Cost Plus Drugs is illustrated through Paytient’s internal self-funded health plan. According to Brian Whorley, founder and CEO of Paytient, the company's employees filled over 1,000 generic prescriptions in 2024. The average out-of-pocket cost for each employee was approximately $14, with the health plan covering another $27 per prescription. Whorley pointed out that many medications could have been procured at a lower cost through Mark Cuban Cost Plus Drugs, highlighting an opportunity where employers could potentially save substantial amounts. "The $27 spent unnecessarily could instead go towards employees' compensation," he stressed, advocating for a more conscious approach to healthcare spending that respects employees' hard-earned wages.

A Shared Commitment to Affordable Care

The collaboration focuses on enabling both employers and their workers to access lower medical expenses, one prescription at a time. Whorley expressed the urgent need for innovation within the healthcare sector, stating, "The missing innovation in healthcare is the one that helps more people pay lower prices. The prices we pay—and how we pay them—are what truly matters to most of us on Main Street."

Growing Awareness and Implementation

As important developments unfold, more individuals and companies are beginning to recognize the benefits of cash payment models that prioritize savings, privacy, and straightforwardness. By providing an easier way to pay a fair market price for medications, Paytient and the Mark Cuban Cost Plus Drug Company are creating pathways for accessible healthcare.

With 7,000 employers and health plans already offering Paytient as a benefit, around 23 million Americans are set to enjoy a more manageable approach to healthcare payments. Paytient facilitates self-pay for healthcare services, enhancing access, affordability, and generating savings for both employers and insurers.

The Mark Cuban Cost Plus Drug Company operates with a mission to revolutionize the pharmaceutical industry while ensuring public health remains a priority, charging a standard markup on every drug sold. Since launching its online pharmacy in January 2022, the platform carries over 2,300 prescription products and serves thousands of satisfied customers daily. The company’s outreach to health plans and self-insured employers aims to extend its accessible pricing to employer-sponsored benefit plans across the country, ensuring that lower drug prices become the norm.

In summary, the collaboration between Paytient and Mark Cuban Cost Plus Drug Company marks a revolutionary step in making healthcare both affordable and transparent. This initiative paves the way for enhanced employee welfare and improved financial practices within the healthcare sector.