Billionaire investor Mark Cuban on Sunday renewed calls to break up large healthcare conglomerates, arguing that vertically integrated insurers and providers have gained too much control over the U.S. healthcare system.
Posting on X, Cuban said major healthcare carriers and providers were "abusing their market positions" while regulators, including the Federal Trade Commission, failed to stop consolidation over the past decade.
"There is a reason we have anti-trust laws," Cuban wrote.
"If you want less government in healthcare, it can't happen until these conglomerates are broken up." Cuban also criticized lawmakers for failing to support the bipartisan "Break Up Big Medicine" bill introduced by Sen.
Josh Hawley (R-MO) and Sens.
