Mark Cuban Says 'Some Form Of Universal Care' Could Be Cheaper And Offer Better Care — But The Problem In America Is Things Are 'Intentionally Opaque’

Benzinga_recent_news08-01

Healthcare may be one of the few purchases Americans make without ever knowing the real price until the bill shows up. That’s a problem, according to billionaire entrepreneur Mark Cuban. Don’t Miss: "...

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Rowe Price Capital Appreciation Equity ETF","NOBL":"ProShares S&P 500 Aristocrats ETF","UVV":"环球烟草","VHT":"Vanguard Health Care ETF","IXJ":"全球医疗业ETF-iShares","BK4550":"红杉资本持仓","BK4588":"碎股","CGCV":"Capital Group Conservative Equity ETF","BK4585":"ETF&股票定投概念"},"translate_title":"马克-库班（Mark Cuban）说，“某种形式的全民医疗”可能更便宜，提供更好的医疗服务--但美国的问题是事情“故意不透明”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NOBL":0.9,"UVV":1.5,"TCAF":0.9,"VHT":0.9,"IXJ":0.9,"CGCV":0.9},"content_text":"Healthcare may be one of the few purchases Americans make without ever knowing the real price until the bill shows up.\nThat’s a problem, according to billionaire entrepreneur Mark Cuban.\nDon’t Miss:\n\"Actually, some form of Universal Care could be cheaper, offer better care, and be less bureaucratic,\" Cuban wrote.\nBut he said many proposals fall apart because policymakers underestimate how complicated the economics of American healthcare have become.\nCuban’s central argument was straightforward: nobody truly knows what healthcare costs.\n\"[The] problem in this country is no one really knows what medical care or drugs cost,\" he wrote.\n\"Everything related to the cost of care has been made intentionally opaque,\" Cuban continued. \"It’s a business strategy at every step.\"\nConfidential contracts, complex pricing agreements and a lack of transparency throughout the healthcare system make meaningful reform extraordinarily difficult, according to Cuban.\n\"Every healthcare contract has a confidentiality clause,\" Cuban wrote. \"Hospitals don’t know how to allocate costs to determine their true cost.\"\nWithout knowing the actual cost of care, he argued, it’s nearly impossible for the government to negotiate prices, build budgets or design a universal healthcare system that works as intended.\nTrending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?\nCuban also questioned how some hospitals can provide care at Medicare reimbursement rates while others charge dramatically more for similar services.\nUntil those questions are answered, he believes large-scale reform faces significant obstacles.\nCuban has spent years criticizing unnecessary complexity in healthcare. He co-founded Cost Plus Drugs, an online pharmacy that delivers affordable medications by bypassing middlemen, and he frequently speaks out on drug pricing, pharmacy benefit managers, and insurance practices.\nHis latest comments reflect a theme he’s returned to repeatedly: transparency has to come before transformation.\n\"Ideology is not a strategy,\" Cuban wrote.\nHe also warned that major insurers and hospital systems would likely challenge sweeping reforms in court for years, creating additional hurdles even if lawmakers agreed on a plan.\nIn Cuban’s view, reducing the influence of large healthcare conglomerates and improving transparency would be prerequisites for any serious attempt at universal healthcare.\nSee Also: The IRS Could Take A Bigger Bite Out Of Retirement Savings Than Many Expect — Some Investors Are Seeking Professional Help\nWhile policymakers debate how to fix healthcare, families still have to prepare for the costs they may face.\nThat’s easier said than done.\nThose costs make planning essential.\nThe challenge is that healthcare decisions aren’t one-size-fits-all. The right strategy depends on factors such as age, income, health status, retirement goals and risk tolerance.\nAlbert is a personal finance assistance app, making it easier to take control of your finances —without the dress. \nCuban’s broader message wasn’t necessarily that universal healthcare is impossible.\nIt was that meaningful reform requires something that’s often missing from the conversation: knowing what things actually cost.\nUntil then, Americans may continue navigating a system where the price of care remains one of the biggest unknowns in both healthcare and personal finance.\nRead Next: He Had Plenty of Home Equity But Couldn’t Qualify for a HELOC. Here’s the Alternative He Found.\nArrived\nFarmTogether\nFarmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches.\nImmersed\nFundrise\nPrivate real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.\nRealberry\nMode Mobile\nEquityMultiple \nFor accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2656315952","isCrawlerRequest":true}