Mark Cuban Cost Plus Drug Company adds another PBM partnership
Mark Cuban Cost Plus Drug Company (MCCPDC) announced a partnership with pharmacy benefit manager RxPreferred Benefits.
The companies said the deal will allow employers and their members using RxPreferred access to MCCPDC medications through their plan.
MCCPDC is a public-benefit corporation and online pharmacy that aims to provide medications at a lower cost by working directly with distributors and manufacturers.
“We are working on adding partnerships with PBMs that share our mission of cost-plus pricing, transparency and no rebates. RxPreferred will help us extend our mission,” Mark Cuban told MobiHealthNews in an email.
THE LARGER TREND
The partnership with RxPreferred Benefits is the third collaboration with a pharmacy benefit manager for MCCPDC.
Last month, MCCPDC announced a partnership with another pharmacy benefit manager EmsanaRx to allow employers and employees access to low-cost drugs via a new platform dubbed EmsanaRx Plus.
MCCPDC also announced its integration into Rightway Health‘s platform in September, allowing the pharmacy benefit manager’s members access to MCCPDC.
In October, Texas-based MCCPDC announced its first health plan partnership with Capital Blue Cross, which allows Capital members and community organizers to access lower-cost drugs via MCCPDC’s platform.