Amazon, JPMorgan and Warren Buffet are going to launch new healthcare company for their workers

Amazon, JPMorgan and Warren Buffet are going to launch new healthcare company for their workers
 

Online retail giant Amazon, Warren Buffett’s Berkshire Hathaway and the New York bank JPMorgan Chase are teaming up to create a healthcare company ‘free from profit-making incentives and constraints’.
Mr Buffett, in a prepared statement, called the skyrocketing costs of healthcare in the US the ‘hungry tapeworm on the American economy’.
The ambitious goal, they say, is in the early planning stages, but the announcement sent a shockwave through the health industry.
Shares of healthcare companies are falling in early trading.
‘One of the messages they are sending is they’ve given up on... read more

 
31 January 2018 in Hot News, Views: 35
Source: Metro
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