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Tackling healthcare with "technology solutions" provided by Amazon, Berkshire Hathaway, and JPMorgan

An intriguing initiative from 3 companies that don’t seem to have much to do with healthcare, Amazon, Berkshire Hathaway, and JPMorgan1:

How the venture will provide less pricy healthcare to the 1.2 million employees of the participating companies isn’t yet clear. The new company will leverage “technology solutions” that provide “simplified, high-quality and transparent healthcare at a reasonable cost.”

I’m aware that I might be entering a dangerous territory discussing healthcare. Since I moved to US, this has been one of my top concerns. Sometimes I’m thinking that I could probably find some explanations for the prices if the system would work smoothly—having to wait months for an appointment can’t be the sign of a smooth system–and if we’d know what we get covered for. When I was handed the first detailed coverage document, I burst in a nervous laugh. And then I panicked.

I’ve been lucky to always have coverage and even more lucky to have a healthy family. I’m very grateful for that.

  1. Wasn’t JP Morgan one of the principal actors causing the 2008 financial crisis? What would it take to trust such a company with your healthcase? 

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