Amazon Wants To Rethink Corporate Healthcare
Amazon, JPMorgan Chase and Berkshire Hathaway announced a partnership to establish a new health insurance company for their employees
Amazon, JPMorgan Chase and Warren Buffet’s Berkshire Hathaway announced that they are teaming up to pursue a new healthcare initiative—an independent health insurance company. The partnership is geared toward improving benefits for their employees in regards to prices and overall satisfaction. Although details on the specific partnership are vague, the announcement was enough to make waves in the healthcare industry.
The trio recognizes that the current healthcare system in the U.S. leaves a lot to be desired. As a result, they want to take advantage of technology to create a simpler system. What that exactly looks like is still unclear, and questions remain as to how far they want to take on a role in the healthcare industry. However, it’s certain that with Amazon’s involvement, the partnership will attempt an innovative approach to health insurance.
Lead Image: Amazon logo,Eric Broder Van Dyke via Shutterstock