Big CEO’s to Unveil Private Sector Healthcare

Posted by Tina

CEO’s in America’s biggest businesses are creating a private sector healthcare model to lower healthcare costs:

Amazon CEO Jeff Bezos, JPMorgan CEO Jamie Dimon and Berkshire Hathaway CEO Warren Buffett are one step closer to bringing their health care venture to life.

Buffett said on Thursday morning that the power trio had picked a CEO for their health care initiative during an interview with CNBC, though they declined to immediately name the person.

“We have an outstanding individual: character, culture, capability, heart, mind, the whole thing,” Dimon said.

Buffett added that the public can expect an announcement within two weeks.

Amazon, JPMorgan and Berkshire Hathaway announced in February that they were teaming up to form a health care company that aims to increase transparency and cut costs for their employees.

It is unclear at this point how exactly the three prominent business executives plan to lower health care costs, though once they have a model in place, Buffett has said he would potentially like to use it on a wider scale across the country.

After being an early supporter of Obamacare Warren Buffet had the good sense to admit that it couldn’t work. It’s fitting that he and his wealthy buddies will come up with a better, private sector idea. The trio seem to be following the Trump administration’s suggestion to cut out the middle man in drug negotiations to lower Rx prices.

Video interview on the subject with Liz Clamen at Fox Business, linked in the first paragraph above.

I have a feeling that within a few years Americans will find they have a number of competing plans from which to choose as well as considerably lower priced healthcare insurance and care. Let the entrepreneurial spirit and free markets work…MAGA!