The three companies provided few details about the new entity, other than saying it would initially focus on technology to provide simplified, high-quality health care for their employees and their families, and at a reasonable cost. They said the initiative, which is in the early planning stages, would be a long-term effort “free from profit-making incentives and constraints.”
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Tuesday, January 30, 2018
Breaking News: Three corporate giants -- Amazon, Berkshire Hathaway and JPMorgan Chase -- are forming a company that could disrupt U.S. health care
Amazon, Berkshire Hathaway and JPMorgan Chase announced on Tuesday that they would form an independent health care company to serve their employees in the United States.
The three companies provided few details about the new entity, other than saying it would initially focus on technology to provide simplified, high-quality health care for their employees and their families, and at a reasonable cost. They said the initiative, which is in the early planning stages, would be a long-term effort “free from profit-making incentives and constraints.”
The three companies provided few details about the new entity, other than saying it would initially focus on technology to provide simplified, high-quality health care for their employees and their families, and at a reasonable cost. They said the initiative, which is in the early planning stages, would be a long-term effort “free from profit-making incentives and constraints.”
If big pharma has anything to do with it the public is screwed.
ReplyDeleteI'm confused because all 3 supported Obamacare during the Hillary Clinton campaign and how wonderful it is and affordable? Typical liars.
ReplyDeleteSoooo the free market prevails again? More and more apparent the gumberment heathcare is not needed or wanted. Insurance companies need to watch their backs now!
ReplyDeleteSelf insured. What a great idea. They will be large enough to compete with any and all of the commercial insurance providers. Makes sense to me.
ReplyDeleteWhat a great idea. I think this looks to be very promising..
ReplyDeleteIt is great that the offspring of an immigrant is setting this up.
ReplyDeleteBut of course this is less likely to occur any longer since we are putting so many restrictions on immigrants