WSJ: “Amazon, Berkshire Hathaway, JPMorgan to Partner on Health Care”

Next:  Costco Does Health Care

“Your margin is my opportunity.”

–Jeff Bezos

[Editor’s Note: Edina Realty is a subsidiary of a Berkshire Hathaway-owned entity.]

For anyone horrified by spiraling U.S. medical costs, the just announced Amazon-Berkshire-JP Morgan initiative is welcome news.

While the companies’ focus (at least initially) is to provide better care for their own employees, it’s hard to imagine whatever results not being applied more broadly.

Here’s hoping that the field attracts still more would-be “disrupters,” including personal favorites Costco, Apple, and Honda (yes, Honda)  . . .

God knows, with the $3.3 trillion(!) Americans spend annually on health care — 50% more than comparable Western countries — the industry represents a ripe target . . .



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