Fundamental Analysis

The Amazon effect is planning on Healthcare system

Amazon, JP Morgan Chase, and Berkshire Hathaway announced today they are forming a non-profit joint venture to manage and streamline their employee healthcare programs.

The CEOs of these giant companies — Jeff Bezos of Amazon, Jamie Dimon of Chase, and Warren Buffet of Berkshire Hathaway — say the new company will focus on technology solutions that will provide high-quality health benefits at a reasonable cost.

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