Mark Cuban Urges Employers to Use AI on 100-Page Health Contracts
Updated
Updated · Business Insider · Jul 14
Mark Cuban Urges Employers to Use AI on 100-Page Health Contracts
2 articles · Updated · Business Insider · Jul 14
Summary
Mark Cuban said employers should run every healthcare contract through AI chatbots such as ChatGPT, Claude and Gemini to spot overcharges and unfavorable terms.
100-page contracts and dense definitions let insurers and pharmacy benefit managers obscure real costs, he said, arguing large language models can quickly flag where companies are "getting ripped off."
Cuban said contract review is only a first step: employers also need to understand the financial risk they assume instead of trusting insurers to act in their best interests.
Companies with enough resources should consider contracting directly with hospitals, clinics or physician groups, he said, to negotiate lower prices and gain more control over healthcare spending.
Can Cuban's strategy truly fix healthcare costs, or will it just create new loopholes?
As employers deploy AI, how will PBMs rewrite the rules to protect their profits?
If an AI's contract error costs millions, who is legally to blame?
How AI Can Save U.S. Employers Billions: Exposing Hidden Healthcare Contract Costs in 2026
Overview
By mid-2026, U.S. employers are facing a sharp rise in healthcare costs, with both company expenses and employee premiums reaching new highs. From 2024 to 2025, employer costs jumped by 7.2% and employee paycheck premiums rose by 4.7%, leading to a total plan cost increase of 6.7%. As costs continue to climb, employers are expected to raise deductibles and copays, putting more financial pressure on workers. This urgent situation is driving a shift toward using AI tools to analyze complex healthcare contracts, aiming to uncover hidden costs and help employers negotiate better terms.