Healthcare Finance News November 4, 2019
Haven, the Boston-based healthcare company formed by Amazon, JPMorgan Chase & Co. and Berkshire Hathaway, is testing a new health plan for bank employees, a JPMorgan spokesman has confirmed.
The pilot is taking place in two states, confirmed Andrew Gray, managing director corporate communications of JPMorgan Chase.
The insurance pilot is being tested in Ohio and Arizona, according to sources who didn’t want to be named. The plans will have no deductibles, but will instead offer a fixed pricing schedule.
Under the program, JPMorgan is offering 30,000 bank workers in Ohio and Arizona two plans for 2020 which will be run by Cigna and Aetna, according to benefitspro. This represents less than 20% of the bank’s workforce.
In addition, Haven...