Business InsiderBusiness Insider
Mark Cuban CostPlus Drug Company website
Mark Cuban's new online prescription medicine pharmacy sells generic version of life-saving drugs for a fraction of the retail cost.CostPlus Drug Company
  • Mark Cuban launched an online service to help patients save money on drugs.

  • I used the service to order my script and it was easy to use.

  • I did not save enough to justify using the service again, but I still recommend it.

Mark Cuban opened an online pharmacy on January 19, 2022. The service claims to be able to save consumers thousands of dollars on life-saving medication.

mark cuban

Cost Plus Drug Company.

Patients can save $2,485.40 on a generic version of leukemia medication Imatinib, for instance, and $1,038.50 on generic pills of the HIV treatment Epzicom, according to Cost Plus.

Photo of a patient receiving dialysis.
A patient receives dialysis.Edwin Tan/Getty Images

Cost Plus Drug Company.

Cost Plus Drug Company contracts with a third party supplier to get unfinished prescription drugs through a private label agreement. The final stage of processing and labeling is carried out by the service and it takes a 15% profit margin to reduce the costs of prescription medication.

A worker at Pfizer's manufacturing facility in Freiburg, Germany produces the COVID-19 antiviral pill Paxlovid
A worker at Pfizer's manufacturing facility in Freiburg, Germany produces the COVID-19 antiviral pill PaxlovidPfizer

Insider.

I wanted to see how much money I could save by ordering my mental health medication from Cost Plus Drug Company.

Mark Cuban on the set of "Shark Tank" season 13
Mark Cuban on the set of "Shark Tank" season 13ABC

Setting up an account is the first step to ordering drugs on Cost Plus Drug Company.

Mark Cuban CostPlus Drug Company website

I created my account in 15 minutes. Information about your medical history was required for the process.

Mark Cuban CostPlus Drug Company website

I had to answer questions about my allergies, health conditions, and medications, along with providing my basic information.

Mark Cuban CostPlus Drug Company website

Cost Plus Drug Company does not have a generic version of Xanax yet, but I went to order a prescription for it. I submitted a request on the website to have Xanax added in the future.

Mark Cuban CostPlus Drug Company website

My second mental health medication was carried by the service. I found it in a list of medications.

Mark Cuban CostPlus Drug Company website

After setting up my account and figuring out which medicine to order from Cost Plus Drug Company, I needed to get my doctor to order in my prescription.

Mark Cuban CostPlus Drug Company website

The site offered doctors three ways to send in a script: calling a phone number, using an electronic prescription service, or faxing.

Mark Cuban CostPlus Drug Company website

I used a phone number provided to me in my account to text my doctor.

Mark Cuban CostPlus Drug Company website

I received an email from Cost Plus Drug Company after my doctor wrote the prescription. I tried to email the company to ask how long the process would take, but could not connect with a representative for an answer.

Mark Cuban Cost Plus Drug Company website
Mark Cuban Cost Plus Drug Company

I was surprised at how cheap the drugs were. I saved $18 on the retail price for my medication, and $5 on the co-pay I usually pay for my medication.

Mark Cuban Cost Plus Drug Company
Mark Cuban Cost Plus Drug Company

My co-pay is usually higher than the cost I paid through Mark Cuban, even though Cost Plus Drug Company does not take insurance.

Mark Cuban Cost Plus Drug Company
Mark Cuban Cost Plus Drug Company

I paid an extra $5 for shipping, a disadvantage compared to Amazon, which does not charge a delivery fee. I prefer to pick up my medication at a drugstore than have it delivered.

Mark Cuban Cost Plus Drug Company
Mark Cuban Cost Plus Drug Company

Insider.

I pay a co-pay for my medication. I saved $5 on the co-pay when I used Cost Plus, but I had to spend that money on delivery because the medicine was so cheap. I didn't save anything after delivery. According to Cost Plus Drug Company, I would have saved $18 on the medication if I paid without insurance.

pills
Tat'yana Malovinski/Shutterstock

I will probably not use Cost Plus again because I am not saving money when I take into account the delivery, but I would highly recommend the service for people who pay high co-pays or have no insurance at all.

'Shark Tank' star Mark Cuban
'Shark Tank' star Mark CubanChristopher Willard/ABC via Getty Images

The original article is on Business Insider.

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