“Until you break those companies up and make them divest their non-insurance assets, they own your health care,” he said.

This is such a major problem. Regulations mandate how much insurance companies must spend on claims/health care. When the insurance company also owns the pharmacy, they can “spend” money on medications and then get kickbacks (rebates) as a way to spend that money but still pocket it as profit.

“I’m trying to change how fucked up this health care industry is right now, and that’s all I care about,” he said.

Cuban said he’d be open to supporting a Republican who shared his reform goals and praised President Donald Trump and his health department’s efforts to lower drug prices and speed drug trials.

“They’re trying to make it easier for folks like us,” he said.

Cuban lamented the lack of public support for legislation by Sens. Josh Hawley (R-Mo.) and Elizabeth Warren (D-Mass.) to counter health care industry consolidation that they say has driven up prices, saying there are a “lot of wimps in this town.”

Cuban said he’s heard that “five or six” Democrats want to support the bill but are waiting for Republicans to come up with an equal number of cosponsors.

“Until you break those companies up and make them divest their non-insurance assets, they own your health care,” he said.

Things are just so hard for billionaires!