Becker's Healthcare February 15, 2018
JPMorgan Chase CEO James Dimon hopes the company’s new healthcare venture with Amazon and Berkshire Hathaway will lead to lower healthcare costs and better medical outcomes for the three companies’ U.S. employees.
JPMorgan, Berkshire and Amazon announced the new healthcare venture Jan. 30. Although they provided few details, they said the new venture’s main focus would be cutting healthcare costs for the three companies’ employees.
In a recent interview with Business Insider, Mr. Dimon offered more insight on why the three self-insured companies chose to partner. “So I tell people, JPMorgan Chase already buys $1.5 billion of medical, and we self-insure,” he told Business Insider. “Think of this, we’re already the insurance company, we’re already making these decisions, and we...
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