According to Mark Cuban, plans offered by existing large insurance carriers to retailers and associations would be low quality because incumbents would expand information asymmetry and continue abusive practices, affecting the economics of association health plans and retailer-distributed coverage models, source: Mark Cuban on X, Dec 3, 2025. He states the Affordable Care Act failed because policymakers let insurers and hospital networks become behemoths that underpay or deny payments to providers and leverage PBMs to harm patients, source: Mark Cuban on X, Dec 3, 2025. He argues PBMs will not become honest simply by selling through Costco, Amazon, or Home Depot and warns retailer-based health plan distribution could worsen outcomes, source: Mark Cuban on X, Dec 3, 2025. He calls for the DOJ and FTC to consider breaking up large carriers and hospital networks to enable transparent competition, while supporting ending state line restrictions and allowing physician-owned hospitals, source: Mark Cuban on X, Dec 3, 2025. For traders, his critique directly targets major insurers and PBM operators such as UnitedHealth Group UNH, Elevance Health ELV, Humana HUM, CVS Health CVS, and Cigna CI, as well as retailer healthcare initiatives at Amazon AMZN, Costco COST, and Home Depot HD, source: Mark Cuban on X, Dec 3, 2025. He makes no mention of cryptocurrencies or digital assets in the post, source: Mark Cuban on X, Dec 3, 2025.