“Their strategy behind offering lower prices to consumers is to “bypass middlemen and outrageous markups,” according to a press release by the Mark Cuban Cost Plus Drug Company.”
Will be interesting to see if they will bill insurance or just offer cash pay similar GoodRX prices, via mail order.
May be competing with Amazon. Good to have lots of options.
The website is up and running ( costplusdrugs.com ) though the selection is somewhat limited to what appears to be the most common generics. Pricing also seems to be Cost + 15% + Pharmacy Handling & shipping costs. The model seems to be “make your money in throughput” rather than high margins. It will be interesting to see if this is enough to disrupt the marketplace.
@Terry4 That’s a shame, since it’s so cheap in Canada. But I wonder if it’s about the kickbacks involved here and the “cost” is high because of the kickbacks involved in pricing. And generics are very limited yet.