A NEW POWERHOUSE COLLABORATION ON HEALTH: TV NEWS
We are set to witness a huge
merger within US healthcare system. This will be a partnership between Amazon,
Berkshire Hathaway, and JPMorgan. They are targeting ways to help American
employees’ access health care in an easy but sustainable way. This teamwork
will enhance health care systems in the US for specific employees only.
This team-up among these firms
was initiated on 30th of January 2018, with firms looking into ways to satisfy
employees with available medical services. Which may go down in terms of cost
by this partnership efforts. It’s like the people of USA are ready for this
initiative which will see massive workers benefit from the present stressful
Do we need this giant, really?
According to the JPMorgan data of
Q3 2017, the US healthcare is projected to rise at a greater rate. In fact,
more than the GDP by 2025. The spending on health care did rise by 5% between
2000 and 2015. With such huge increase in health care cost, a robust medical
scheme is a way to go.
How will it work? Justifiable or not?
With an objective of having satisfied,
healthy workers, this alliance will gear towards a common belief that will look
into ways joint funds can regulate healthcare costs in a viable way.
With an expected patient
population of about 900,000; this scheme looks ambitious and it requires
intense planning, leadership, resources, and goodwill from employees. Each
company is expected to pull together its resources, Amazon will provide a good
platform for selling drugs; Berkshire has an Insurance firm and JPMorgan is a
strategic advisor, financier, and planner.
But with such strategic and
well-able brains the like of Bezos, Buffet, and Dimon behind it, it’s a matter
of time to make this a reality and make it a model case study for healthcare
Such a strategic move by the big
companies’ i.e the JPMorgan Chase, Amazon, and Berkshire signals a growing
frustration with the status quo and the current health care system. Perhaps this
is a trend we watch years to come where firms would rather provide medical care
to their staff than pay premiums in the name of health cover that deviates from
firms’ vision and mission in future days.
Indeed, technology, partnership,
and data will play a huge role in efforts matters to restore sanity within the
healthcare system. This is not a rebirth of just another health insurance
company, no, it’s a way firm want to extract value from other ways which lie
dormant that current health plans and medical providers have either neglected
or are not capacitated to do so.