{"id":128760,"date":"2026-04-22T10:12:22","date_gmt":"2026-04-22T14:12:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/mark-cuban-shoots-down-presidential-bid-as-he-teams-up-with-trump-admin-to-cut-healthcare-costs-128760"},"modified":"2026-04-22T10:12:22","modified_gmt":"2026-04-22T14:12:22","slug":"mark-cuban-shoots-down-presidential-bid-as-he-teams-up-with-trump-admin-to-cut-healthcare-costs","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/mark-cuban-shoots-down-presidential-bid-as-he-teams-up-with-trump-admin-to-cut-healthcare-costs-128760","title":{"rendered":"Mark Cuban shoots down presidential bid as he teams up with Trump admin to cut healthcare costs"},"content":{"rendered":"<div>\n<p>Billionaire investor Mark Cuban shot down a presidential run Wednesday while detailing his broader efforts to team up with the Trump administration to <a href=\"https:\/\/www.foxnews.com\/politics\/trumps-rx-plan-promises-savings-economists-see-hidden-trade-off\" target=\"_blank\" rel=\"noopener\">lower drug costs for<\/a> all Americans.<\/p>\n<p>&#8220;It&#8217;s not going to happen,&#8221; he said of a presidential bid on &#8220;Fox &amp; Friends.&#8221;<\/p>\n<p>&#8220;My dream has not been to be president, but my dream, and truly, as an entrepreneur, I think I can have an impact and really change the economics of healthcare in this country. I think that&#8217;s something that can have as big an impact as any political position.&#8221;<\/p>\n<p>During his live morning walk with Fox News&#8217; Steve Doocy in Pittsburgh, Cuban elaborated on how he plans to use those aspirations in conjunction with <a href=\"https:\/\/www.foxnews.com\/health\/how-use-trumprx-find-cheaper-cash-prices-medications\" target=\"_blank\" rel=\"noopener\">TrumpRx, the Trump administration&#8217;s<\/a> effort to connect U.S. consumers with lower-cost drugs, to bring about positive change in the healthcare industry.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/5-steps-the-new-trump-administration-must-take-to-make-america-healthy-again\" target=\"_blank\" rel=\"noopener\"><strong>5\u00a0STEPS\u00a0THE\u00a0NEW\u00a0TRUMP ADMINISTRATION\u00a0MUST\u00a0TAKE\u00a0TO\u00a0MAKE\u00a0AMERICA\u00a0HEALTHY AGAIN<\/strong><\/a><\/p>\n<p>&#8220;We&#8217;re working really close with TrumpRx,&#8221; he shared.<\/p>\n<p>Cuban owns the direct-to-consumer prescription platform CostPlusDrugs.com, which cuts out middlemen like pharmacy benefit managers (PBMs) that can contribute to <a href=\"https:\/\/www.foxnews.com\/politics\/trumps-wrong-headed-effort-lower-drug-costs-amounts-price-control-expert\" target=\"_blank\" rel=\"noopener\">higher drug costs in<\/a> the marketplace.<\/p>\n<p>He emphasized that the nonpartisan appreciation for cheap <a href=\"https:\/\/www.foxnews.com\/category\/health\/healthy-living\/medications\" target=\"_blank\" rel=\"noopener\">medications<\/a> means Republicans, Democrats and independents like himself can all get on board with the joint effort to bring down costs.<\/p>\n<p>&#8220;We&#8217;re going to be integrating our list of medications there. We&#8217;re looking to bring <a href=\"https:\/\/www.foxnews.com\/category\/us\/economy\/manufacturing\" target=\"_blank\" rel=\"noopener\">manufacturing<\/a> from overseas for generics to Dallas, so there&#8217;s so many things we&#8217;re doing with the administration that I think will really accelerate [cost reduction],&#8221; he added.<\/p>\n<p>Cuban said the mission is simple \u2014 to make all aspects of maintaining good health inexpensive, starting with medications and then going &#8220;across the board&#8221; to all healthcare.<\/p>\n<p>Cuban also shared how his platform is revolutionizing the drug business as is, explaining that the medications&#8217; dramatically lower costs compared to market rates stem from a basic manufacturing cost, a 15% markup to keep the business running, a $5 pharmacy labor fee and a roughly $5 shipping cost.<\/p>\n<p>&#8220;You can save a lot of money, particularly if you have cancer, multiple sclerosis, [or] kidney disease,&#8221; he said.<\/p>\n<p>&#8220;There&#8217;s a lot of <a href=\"https:\/\/www.foxnews.com\/health\/top-10-most-expensive-prescription-drugs-us-price-sales-volume\" target=\"_blank\" rel=\"noopener\">really expensive drugs out<\/a> there that, because we only mark it up 15%, we can save people hundreds if not thousands of dollars per month and we&#8217;ve really changed people&#8217;s lives, and that&#8217;s important to me at this time.<i>&#8220;<\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/mark-cuban-shoots-presidential-bid-teams-trump-admin-cut-healthcare-costs\">Source &#8211; https:\/\/www.foxnews.com\/media\/mark-cuban-shoots-presidential-bid-teams-trump-admin-cut-healthcare-costs <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire investor Mark Cuban shot down a presidential run Wednesday while detailing his broader efforts to team up with the Trump administration to lower drug [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-128760","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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