"If we fined insurers and providers $100 every time they over-billed, incorrectly denied care or misrepresented any amount of patient out of pocket, we could pay of the national debtThey play on the fear and information asymmetry that exists in healthcare Break them up. Make... https://t.co/yc83T2tHs6- Mark Cuban (@mcuban) December 24, 2025 Insurers and providers, according to Cuban, "play on the fear and information asymmetry that exists in healthcare." He advocated for them to be broken up, so as to "make the markets efficient again.""
"Annual interest payments are already around $1 trillion and could total as much as $14 trillion over the coming decade, a trajectory the watchdog warns is "no way for a great nation like America to run its finances." A closer look at health insurance and over-billing doesn't exactly find fixing the issue would fix the debt or deficit​, but Cuban is right that something is definitely off in this space."
A proposal would fine insurers and providers $100 whenever they over-bill, incorrectly deny care, or misrepresent patient out-of-pocket amounts. The proposal also calls to break up large insurers and providers to reduce information asymmetry and restore more efficient markets. Cost Plus Drugs sells medications at manufacturing cost plus a flat 15% markup, a small pharmacy fee, and a posted shipping charge, cutting out opaque middlemen and posting transparent prices. National debt surpassed $38 trillion and annual interest payments near $1 trillion; health-sector overcharging contributes to fiscal strain though fixing it alone would not eliminate the debt.
Read at Fortune
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