“I’m a supporter of TrumpRx, but they reduce brand prices by 500 percent or 1,000 percent, while ‘CubanRx’ reduces prices by 1,500 percent” – Mark Cuban
BY KEVIN HAYNES, NEWS WRITER Feb 8, 2026 SOURCE
Mark Cuban’s latest prescription for dramatically lowering drug prices: break up the insurance giants that prioritize profits over consumer pleas to cut costs. “Those big insurance companies are too big to care,” Cuban told U.S. Medica2 re Director Chris Klomp during a panel discussion at Friday’s Silicon Slopes Summit in Salt Lake City.
Their conversation proved timely. The previous night marked the launch of TrumpRX, a low-cost drug website that President Trump said will have “a real and immediate impact” on the price of 43 brand-name medications. By comparison, 40 of those drugs are cheaper than the cost listed on rival sites like GoodRX. However, no generics are available on TrumpRX and all transactions are cash-only—no purchases can be made through insurance programs.
More drugs are expected to be added to the new platform, but the current total pales in comparison to the 6,000 meds already available on Cuban’s website, Cost Plus Drugs, which offers generic options that are far less expensive than the brand names-only listed on TrumpRX—typically, $6 to $12 instead of $200.
“I’m a supporter of TrumpRx, but they reduce brand prices by 500 percent or 1,000 percent, while ‘CubanRx’ reduces prices by 1,500 percent,” Cuban said, in a seemingly friendly joke at Trump’s tendency to tout cuts far higher than the mathematically possible 100 percent, which slashes the price to zero.
“Of the drugs we both carry, we are cheaper on 90%,” Cuban claimed in an X post. “That said, credit where credit is due. They crushed it on IVF drugs. That’s going to be a lifesaver for a lot of couples.”
Medicare’s Klomp, whose mother died of cancer when he was 13, said the best way to guarantee lower prices on more drugs is through Congressional legislation. “This is personal,” he said, noting that 65 percent of Americans have a chronic disease and 75 percent are overweight. “We are objectively the least healthy we have ever been as a country.”
But Cuban said consumers shouldn’t have to wait for a notoriously inert Congress to act. His suggested solution: break up the pharma giants that tightly control prices, order drug manufacturers to sell at net prices to wholesalers, establish Medicare rates and guarantee deductibles for people who can’t afford them.
Cuban and Klomp also offered some healthy advice to anyone interested in living a better life: Do something good, something that pays off in ways that have nothing to do with money. “Don’t waste your time on things that don’t make the world better,” Klomp said. “Alleviate human suffering.”
