Rich boy’s health clinics

And this is because…?

The announcement of earlier this week that Amazon.com, JP Morgan Chase and Berkshire Hathaway are forming a non-profit company to try to improve the American healthcare system caused some ripples in the stock market; the mere specter of its disruptive potential was enough to send some investors scurrying away from large payer providers like UnitedHealth, Aetna and Humana. …

It is worth considering the perspectives that the titans who lead the collaborating firms bring to this effort. While consistently bemoaning the aggregate costs of healthcare, Warren Buffett supports broader access for all and criticized attempts to repealPresident Obama’s Affordable Care Act. In the announcement, Buffett notably said that “[t}he ballooning costs of healthcare act as a hungry tapeworm on the American economy.” Berkshire is, among other things, a major insurance company that could structure and offer different kinds of coverage to its own employees and others. JP Morgan’s Jamie Dimon is a cancer survivor who has spoken passionately about the importance of supporting biomedical innovation while controlling costs. Jeff Bezos founded a company that is a testament to the power of harnessing software and information analytics to fundamentally change how the masses acquire goods and services. He also happens to publish The Washington Post and has some ability, therefore, to influence public policy.

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