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The three titans aspire to partner on ways to use technology to cut healthcare costs and improve health services, initially for their U.S. employees. Warren Buffett referred to ballooning healthcare costs as the "tapeworm on the American economy."
"The healthcare system is complex, and we enter into this challenge open-eyed about the degree of difficulty," said Amazon CEO Jeff Bezos. "Hard as it might be, reducing healthcare's burden on the economy while improving outcomes for employees and their families would be worth the effort." "Our people want transparency, knowledge and control when it comes to managing their healthcare," said JPMorgan Chase CEO Jamie Dimon. "The three of our companies have extraordinary resources, and our goal is to create solutions that benefit our U.S. employees, their families and, potentially, all Americans."
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