Billionaire Mark Cuban criticizes the U.S. healthcare system, suggesting fines for billing abuse by insurers and providers could help pay off the national debt. He calls for breaking up major players in the industry to make markets efficient again.

Responding to Scalpel Policy Solutions founder Tanner Aliff, Cuban supports new state laws allowing patients to get deductible credit for paying cash prices lower than insurance reimbursement. Only four states have implemented this reform, but Cuban calls for broader adoption to allow all cash payments to count towards deductibles.

Critics question the practicality of patients being able to navigate cash payments for healthcare services, with financial planner Jae Oh calling Cuban’s messaging delusional and potentially harmful. Oh argues that the average patient may struggle to execute this strategy in a coordinated fashion, especially when dealing with illness.

Read more at Yahoo Finance: Mark Cuban Says We Could Pay Off The National Debt If Insurers Were Fined $100 Every Time They Over-Billed Or Denied Care