Ahold Delhaize USA enters into agreement with Mark Cuban Cost Plus Drug Company
Ahold Delhaize USA is partnering with Mark Cuban’s online pharmacy company in a move designed to bring added convenience to customers seeking affordable health care solutions.
The grocery retail group has entered into a new agreement with Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) involving the Team Cuban Card. Under the agreement, customers can now use the Team Cuban Card at each Ahold's local brand pharmacies, including Food Lion, Hannaford, Giant Food, The Giant Company and Stop & Shop.
Billionaire entrepreneur Mark Cuban launched Cost Plus Drugs at the beginning of 2022 as a registered pharmaceutical wholesaler, which allows it to bypass middlemen and their associated markups.
"Working with Mark Cuban reaffirms Ahold Delhaize USA’s commitment to supporting healthy communities,” said Moira O’Toole, director of patient health services for Ahold Delhaize USA. “This collaboration will help the local brand pharmacy patients afford the medications they need, while bringing additional transparency to drug pricing.”
Each local brand is joining the Cost Plus Drugs Pharmacy Affiliate Network. Launched in 2023, the Team Cuban Card and Cost Plus Drugs Pharmacy Affiliate Network aim to provide access to safe and affordable medications for members. Card pricing is publicly available on the Team Cuban Card website, which allows its participants to see exactly how much they will pay for their prescription at participating pharmacies. Users simply present the card at the pharmacies and pay the pre-determined price for their prescriptions.
"Excited to be joining forces with Ahold Delhaize USA and its local brands and to be helping patients get the medications they need at affordable prices,” said Dr. Alex Oshmyansky, CEO of Cost Plus Drugs. “The local brands of Ahold Delhaize USA have a fantastic reputation for supporting their patients, and we are thrilled for them to be joining the Cost Plus Drugs Pharmacy Affiliate Network.”
Ahold Delhaize USA operates more than 2,000 stores and 20 distribution centers across more than 20 states.