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Health Care Costs

  • Amazon, Berkshire Hathaway and JP Morgan Chase Join Forces to Tackle Employees' Health-care Costs Washington Post by Carolyn Y. Johnson —  Three major employers, Amazon, Berkshire Hathaway, and JP Morgan Chase, announced Tuesday they were  partnering to create an independent company aimed at reining in health care costs for their employees. The independent company would be jointly led by executives from all three companies and would be focused on technology that could increase transparency and simplify health care, according to the joint announcement. It will be free from the need to deliver a profit. "The ballooning costs of healthcare act as a hungry tapeworm on the American economy. Our group does not come to this problem with answers. But we also do not accept it as inevitable," Warren Buffett, Berkshire Hathaway chairman said in a statement.

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