Cost Plus Drugs Stock : North Texas are Expanded by Mark Cuban No.1
Options in North Texas are expanded by Mark Cuban Cost Plus Drugs
A new alliance between Mark Cuban Cost Plus Drugs and a full-service online pharmacy will enable more Texans to access affordable prescription drugs.
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Leading the news: To increase prescription pickup and delivery options in cities like Dallas-Fort Worth, Houston, and Austin where Alto operates, Cost Plus Drugs began collaborating with online pharmacy Alto Pharmacy this fall. Alto Pharmacy is unrelated to the ridesharing company Alto.
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Why this matters In recent months, more than a million Texans—the majority of them are children—lost their Medicaid health insurance due to paperwork that got lost in the chaotic public health system.
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Without a good insurance plan, medications can be expensive and burdensome for low-income families.
How it functions More than 1,000 generic drugs are available in Cost Plus Drugs’ online pharmacy. In addition to a fee for filling prescriptions at a pharmacy or shipping them, medications are marked up 15% from the supplier’s price.
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To distribute its medications, the company has agreements with hundreds of pharmacies across the country, including Kroger and a few local independent pharmacies.
What’s new is that Alto Pharmacy allows Cost Plus Drugs customers to choose their preferred delivery window and offers both courier delivery and a pickup option.
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CEO of Alto Pharmacy Alicia Boler Davis said in a statement, “Our partnership with Cost Plus Drugs allows us to help even more patients as we pursue our mission to fulfill medicine’s true purpose — to improve quality of life — for everyone who needs it.”
Meanwhile, earlier this year, Cost Plus Drugs established a 22,600-square-foot plant in Deep Ellum to manufacture “lifesaving” injectable drugs and products listed on the FDA’s drug shortage list at the “lowest possible cost.”
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Indeed, but Customers of Cost Plus Drugs have reported experiencing difficulties getting in touch with the company’s customer service agents to resolve problems.
The Contact Us page lacks a direct phone number and only offers an online form for issues.
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