Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) and CaringWire have announced a collaboration that aims to make healthcare more accessible and transparent. The collaboration combines CaringWire's personalized virtual care platform and Cost Plus Drugs' transparent pricing to create a trusted resource for consumers. This partnership enables access to on-demand virtual care in as little as 24 hours, with seamless connection to low-cost drugs.
"Consumers need access to high-quality, affordable healthcare," said Michael Sentz, CEO of CaringWire. "People need actual health care, not just insurance. This relationship unifies critical components to make that a reality," added Alex Oshmyansky, CEO of Mark Cuban Cost Plus Drug Company.
This partnership supports individuals' needs with an accessible solution at their fingertips, connecting a fragmented process to create continuity of care. CaringWire and Cost Plus Drugs bring together employer-sponsored benefits with the option to use Cost Plus Drugs as part of their plan, previously only offered to individuals outside of their insurance package.
"This collaboration highlights the strategic innovation we provide our customers as part of an ever-evolving environment, combining best-in-class solutions into an integrated intuitive experience." said Michael Sentz. With this relationship, employers and their members utilizing CaringWire will have access to all medications available through Cost Plus Drugs within their benefits package with future plans to expand this offering to health plans and health systems.
About Mark Cuban Cost Plus Drug Company
The Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs), aims to fundamentally change the way the pharmaceutical industry operates. As a public-benefit corporation, its social mission of improving public health is just as important as the bottom line. Cost Plus Drugs transparently charges a standard markup on every drug it sells. The http://costplusdrugs.com/costplusdrugs.com online pharmacy, launched in January 2022, now carries over 1,000 prescription products delivered by mail to thousands of happy customers every day. Cost Plus Drugs is working with health plans, managed-care organizations, pharmacy benefits managers (PBMs) and self-insured employers to bring these same savings to employer-sponsored benefit plans nationwide.
CaringWire, founded in 2019, is a uniting force in the benefits market with cutting-edge technology and first-class service. We aggregate the most sought-after healthcare and lifestyle solutions. Our clients enhance the member experience by integrating existing benefits with our customized blend of 15+ non-insurance benefits – all conveniently packaged in an easily accessible mobile app and web platform. Helping members navigate care, access affordable options, reduce stress, save time and money