Amazon, Berkshire Hathaway, JP Morgan and Healthcare
By Admin | February 12, 2018
An online retailer, a holding company and a bank could disrupt healthcare as we know it. The three companies, Amazon.com, Berkshire Hathaway and JP Morgan Chase, are banding together to circumvent the complicated web of the U.S. healthcare system and provide their own health services to their employees.
Details are not finalized or public as of yet, but with such large companies invested in their employees, they could pave the way for other companies to do the same, shaking up healthcare as we know it.
The CEOs of the three companies have said that whatever results from their healthcare partnership, it will be “free from profit-making incentives and constraints.”
“It could be big,” said Ed Kaplan, health coverage negotiator for the Segal Group. “Those are three big players, and I think if they get into health care insurance or the health care coverage space, they are going to make a big impact.”
One thing’s for sure; everyone is watching.
For more, read “Amazon, Berkshire Hathaway and JP Morgan Team Up to Disrupt Health Care” by the New York Times.