Mark Cuban Calls for Bipartisan Bill on Healthcare Contracts - CVS Health (NYSE:CVS)

Mark Cuban urged a bipartisan overhaul of healthcare contracting rules, arguing that big healthcare players obscure real costs and that government negotiation would be “negotiating blind.” In comments on X, the billionaire investor criticized “Too Big to Care” conglomerates involved in Medicare Advantage, saying workers with self-insured employers can also end up with coverage from the same large entities without knowing what they pay. Cuban said pharmacy benefit managers controlled by these groups have distorted drug pricing and urged DOJ scrutiny. He also called for legislation requiring all healthcare contracts to be public with minimal redactions, and for de-identified claims to be available to state and federal researchers to assess potential costs. Cuban referenced a proposal to break up big medicine, and noted CVS plans to separate its healthcare solutions from retail pharmacy.