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Stockreport

4 ways Amazon health care plan could shake things up [MSN Money]

BERKSHIRE HATHAWAY (BRK.B)  More Company Research Source: MSN Money
US:NYSE Investor Relations: berkshirehathaway.com
PDF A budding alliance of Amazon, Berkshire Hathaway and JPMorgan Chase could eventually deliver savings and better health care for patients while also posing a serious threat to medical companies that are reaping big profits off of the status quo. Popular Searches With business titans Jeff Bezos, Warren Buffett and Jamie Dimon joining forces, for-profit health care companies ranging from insurers to drugmakers to pharmacy benefit managers are facing a potentially seismic shift in the marketplace. The announcement sets up a high-stakes showdown between the world's most powerful health care companies and a group that includes two of the world's three richest people, Amazon CEO Bezos and Berkshire CEO Buffett, as well as one of its most powerful financial executives, JPMorgan CEO Dimon. Round 1 in the fight goes to the new alliance, which has about 1 million employees and collective market value of more than $1.6 trillion. After the announcement, the sto [Read more]

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