According to @mcuban, the Affordable Care Act is underperforming today and he urges a one-year extension of premium subsidies while blaming political and corporate gaming of large-scale laws for current issues, which can catalyze policy headline risk for insurers tied to ACA exchanges; source: Mark Cuban on X, Dec 4, 2025. Traders should monitor Centene (CNC), which reports being the largest insurer on the Health Insurance Marketplace, making it directly exposed to subsidy and enrollment changes; source: Centene Corporation 2023 Form 10-K (U.S. SEC filing). Molina Healthcare (MOH) discloses substantial ACA Marketplace membership and revenue exposure, indicating sensitivity to subsidy policy and exchange pricing dynamics; source: Molina Healthcare, Inc. 2023 Form 10-K (U.S. SEC filing). Oscar Health (OSCR) states its business is focused on the Individual and Small Group markets created by the ACA, tying margins and membership growth to Marketplace policies and subsidies; source: Oscar Health, Inc. 2023 Form 10-K (U.S. SEC filing). Insurer filings highlight medical loss ratio, pricing, and retention as key drivers influenced by Marketplace rules and subsidies, suggesting heightened volatility around any subsidy-extension headlines referenced by @mcuban; source: Centene 2023 Form 10-K; Molina Healthcare 2023 Form 10-K; Oscar Health 2023 Form 10-K.

According to Mark Cuban, unspecified players would absolutely love it because they crush it with Medicare Advantage, signaling his view that the Medicare Advantage line is highly profitable for those involved (source: Mark Cuban on X, Nov 29, 2025). He did not specify which entity in the post, so the immediate takeaway is limited to sentiment around Medicare Advantage profitability rather than company-specific fundamentals (source: Mark Cuban on X, Nov 29, 2025). For trading, Cuban’s remark can act as a headline-driven sentiment cue to monitor U.S. managed-care names with significant Medicare Advantage exposure for short-term moves and volume spikes, while noting that the post provides no quantitative data (source: Mark Cuban on X, Nov 29, 2025). There is no mention of cryptocurrencies or digital assets in the post (source: Mark Cuban on X, Nov 29, 2025).

According to @mcuban, the U.S. healthcare market is not efficient because a few insurance carriers dominate and define industry economics, preventing true competition for consumer healthcare dollars. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025. He states that achieving an efficient, transparent market will require participation from the DOJ, the FTC, and legislators, not laissez-faire deregulation. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025. Cuban warns that removing government intervention would allow large carriers to expand to multi-trillion-dollar revenues, acquire innovative firms, more providers, and PBMs, and drive care costs even higher. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025. He adds that with transparency and efficiency, states could pursue a Canada-like path to universal coverage by analyzing statewide claims and choosing to cover costs if voters agree, starting state by state. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025. Trading implications: Cuban’s comments highlight material policy and antitrust catalysts for managed care and PBM equities; watch DOJ/FTC actions and state-level initiatives as potential drivers of valuation and M&A risk. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025. Crypto market note: the post does not reference cryptocurrencies or blockchain, and no direct crypto impact is cited. Source: Mark Cuban (@mcuban) on X, Nov 29, 2025.

According to @mcuban, a short-term response he proposes is to allocate $100 per month from ACA premium subsidies into a Health Savings Account that can only be used for a Direct Primary Care monthly subscription, with the remainder of subsidies continuing to fund premiums, source: @mcuban on X, Nov 23, 2025, https://twitter.com/mcuban/status/1992624954160906362. According to @mcuban, he argues that having DPC should lower the plan’s cost, which should allow premiums to be lowered rather than raised, source: @mcuban on X, Nov 23, 2025, https://twitter.com/mcuban/status/1992624954160906362. According to @mcuban, he sought feedback and tagged Senators Rick Scott, Bill Cassidy, and Josh Hawley, signaling an appeal for policymaker input on this subsidy-to-HSA DPC structure, source: @mcuban on X, Nov 23, 2025, https://twitter.com/mcuban/status/1992624954160906362.

According to @mcuban, annual premium subsidies funneled into HSAs create a strong incentive for healthy consumers to pick the lowest-premium plans that maximize HSA deposits and keep the spread. Source: Mark Cuban on X, Nov 20, 2025. He argues insurers will roll out zero-premium-style products similar to Medicare Advantage, enabling carriers to profit from enrollment shifts into these designs. Source: Mark Cuban on X, Nov 20, 2025. For traders, his thesis points to potential upside for managed care and HSA platforms if this policy path advances; key liquid exposures include UnitedHealth Group (UNH) and CVS Health (CVS) for Medicare Advantage scale, and HealthEquity (HQY) and Optum Bank under UnitedHealth for HSA assets. Source: UnitedHealth Group 2023 Form 10-K; CVS Health 2023 Form 10-K; HealthEquity FY2024 investor materials. Cross-asset context: policy headlines that lift healthcare heavyweights can move major equity indices, and research has documented episodes of elevated crypto–equity correlation that can transmit risk-on flows to Bitcoin. Source: IMF Global Financial Stability Note 2022; Mark Cuban on X, Nov 20, 2025.

According to @mcuban, the plan would 1) price brand drugs at net after rebates and fees during the deductible phase for all plans, which he says would save patients tens of billions, source: @mcuban on X, Nov 9, 2025. He also proposes 2) requiring intercompany transfers from owned providers at Medicare rates to end gaming of medical loss ratios, source: @mcuban on X, Nov 9, 2025. He adds 3) partnering with providers to guarantee all deductibles for ACA members who accept Medicare rates, aiming to reduce provider bad debt, end medical debt under the ACA, and boost plan utilization, source: @mcuban on X, Nov 9, 2025. He further recommends 4) mandating that any cash purchases apply to deductibles to enable price shopping, source: @mcuban on X, Nov 9, 2025. He concludes with 5) creating a national rebate group purchasing organization that all states join by default to negotiate brand and specialty drug rebates, source: @mcuban on X, Nov 9, 2025. He characterizes the package as a game changer for insurance and suggests expanding the model to uninsured care with means-tested repayments and a reinsurance cap if the numbers work, source: @mcuban on X, Nov 9, 2025. For trading, the measures target rebates, MLRs, Medicare-rate reimbursement, and deductible design that directly involve PBMs, health insurers, providers, and brand or specialty pharma, with no crypto or digital asset elements stated, source: @mcuban on X, Nov 9, 2025.

According to @mcuban, the key trading question is what percentage of health insurer carrier capital is truly at risk after backing out inflated intercompany charges for ACA medical loss ratio adherence and excluding about 160 million self-insured lives where carriers take no underwriting risk; source: Mark Cuban on X (Nov 9, 2025). He also asked whether the industry’s vertical integration and resulting scale have rendered these markets inefficient, spotlighting risk-bearing versus administrative-only lines for investors; source: Mark Cuban on X (Nov 9, 2025).

According to @mcuban, journalist Wendell Potter highlights that UnitedHealth reported a $4.3 billion quarterly result and links the profitability to U.S. government-funded programs such as Medicare Advantage, drawing attention to taxpayer-backed margins. Source: @mcuban on X; Wendell Potter, Healthcare Uncovered on Substack. For traders, the post underscores that UNH earnings quality is highly sensitive to federal reimbursement policy, elevating headline risk around government rate-setting and oversight. Source: Wendell Potter, Healthcare Uncovered on Substack. Key catalysts to monitor include CMS Medicare Advantage rate notices, audit/enforcement activity, and any changes to payment models, which UnitedHealth discloses can materially affect revenue and margins. Source: UnitedHealth Group 2023 Form 10-K risk factors. Crypto angle: shifts in U.S. fiscal outlays and healthcare policy can influence liquidity, Treasury yields, and cross-asset risk appetite that have shown periodic correlation with BTC and ETH performance. Source: Federal Reserve Financial Stability Report (2023) on risk appetite; Kaiko research (2023) on BTC–equity correlation.