Posted by Michael Wonder on 31 Jan 2018
A better way to disrupt health care
31 January 2018 - The new alliance of Amazon, Berkshire Hathaway and JPMorgan Chase shows promise.
Amazon, Berkshire Hathaway and JPMorgan Chase say they're putting their heads together to make health care better and less expensive for their employees. Just possibly, it's a partnership that could disrupt the U.S. health-care system -- in a good way.
The market value of insurance companies and pharmacy-benefit managers dropped on the announcement, a sign that investors think the alliance might inject new competition and press down on prices. For consumers, that's an encouraging development. Up to now, big private employers have helped to make the American health-care system inefficient. Perhaps they're about to start pushing the other way.
