JPMorgan Chase and Amazon.com have begun testing the new health care venture they're developing with Warren Buffett's Berkshire Hathaway, rolling out some of the new offerings to employees in a handful of states.
The companies announced Dr. Atul Gawande, a professor at Harvard and the author of several books on health care, will lead the new health venture starting July 9. But other questions remain unanswered.
You read that right. Community bankers hope efforts by JPMorgan Chase, Amazon and Berkshire Hathaway will drive down health care costs — and maybe create products or services they can use.
The companies said they plan to set up an independent firm “that is free from profit-making incentives and constraints” to offer health care to their employees.