Amazon, Berkshire Hathaway, JPMorgan Chase Circle the Wagons to Cut Healthcare Costs

Amazon, Berkshire Hathaway, JPMorgan Chase Circle the Wagons to Cut Healthcare Costs

Three gigantic—and extremely wealthy—corporations are joining forces to try to lower what their leadership considers to be exorbitant healthcare costs. Amazon, Berkshire Hathaway, and JPMorgan Chase say they’re forming an “independent healthcare company” specifically for their employees—more than a million people, though not all are in the U.S. The new entity will focus on technological solutions to lower costs, simplify coverage, and increase transparency in employee healthcare. Berkshire Hathaway’s Warren Buffet says the triumvirate “does …

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