Mark Cuban and Amazon Are Shaking Up Generic Drugs

Americans shudder at the thought of losing their health coverage, but bypassing giant insurers saves some people serious money on prescriptions in a topsy-turvy system.

Consider the story of Nate Hux, a pharmacist from Ohio. Since 2016, his Pickerington pharmacy has accepted a variety of insurances. But, due to his frustration with the way middlemen, known as pharmacy-profit managers, made huge profits through opaque pricing methods, he decided to open another pharmacy right next door In which there is no insurance. It sells generic drugs For their cost plus a markup, sometimes saving customers hundreds of dollars.