Tougher than it looks: Amazon, Berkshire Hathaway and JPMorgan Chase's big plan to cut health costs [CNBC]
Berkshire Hathaway Inc. New (BRK.B)
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Source: CNBC
CNBC Jeff Bezos, Warren Buffett and Jamie Dimon. Three of the country's most powerful companies coming together to use technology to improve the health-care system — and lower the system's costs along the way — sounds like a great idea. But turning that idea into reality will be tough, experts said Tuesday. Amazon , Berkshire Hathaway and JPMorgan Chase announced Tuesday that they're banding together to create a company geared toward reducing health-care costs and improving services for U.S. employees. But the trio was light on the details beyond saying the new independent company's initial focus would be on developing technology solutions and that the firm would be free from profit-making. The ballooning costs of healthcare act as a hungry tapeworm on the American economy, Berkshire CEO Warren Buffett said in a statement. Our group does not come to this problem with answers. But we also do not accept it as inevitable. Rather
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BRK.B
Earnings
- 2/26/24 - Beat
BRK.B
Sec Filings
- 3/22/24 - Form PX14A6G
- 3/15/24 - Form ARS
- 3/15/24 - Form DEFA14A
- BRK.B's page on the SEC website