How Amazon, Berkshire Hathaway and JPMorgan will impact health care

How Amazon, Berkshire Hathaway and JPMorgan will impact health care


LIZ: THREE TITANS OF INDUSTRY, TEAMING UP TO UP END THE HEALTH INDUSTRY WITH NEW PRIVATE SECTOR COMPANY TO DELIVER CHEAPER QUALITY CARE FOR THEIR 1.1 MILLION COMBINED U.S. WORKERS, THE PRIVATE SECTOR TRYING TO SHOW THE GOVERNMENT HOW TO DO WHAT IS YOUR REACTION?>>BIG STORY, ECONOMICALLY AND POLITICALLY, MOST TALK ABOUT — BUT 165 MILLION PEOPLE IN THIS COUNTRY GET THEIR HEALTH INSURANCE THROUGH AN EMPLOYER. THIS IS A VERY DISRUPTIVE ANNOUNCEMENT, IT WILL CHANGE THE MODEL BY CUTTING OUT THE MIDDLE MAN, INSURANCE COMPANY, PHARMACY BENEFIT MANAGER, THEY DO IT IN HOUSE. POLITICALLY THIS IS A TREMENDOUS MESSAGE, THE DEMOCRACY IN CONGRESS ARE SIGNING ON TO THIS SINGLE PAYER LEGISLATION, THAT WILL OUTLAW ALL PRIVATE INSURANCE.>>EVEN OBAMA AND HILLARY CLINTON SAID WERE BAD.>>IT WOULD RIP INSURANCE AWAY FROM THESE WITHIN 65 MILLION PEOPLE — 165 MILLION, THIS COMPANY SAYS LET’S IMPROVE IT. LIZ: MEDICARE FOR ALL.>>LET’S IMPROVE IT. LIZ: DOC, THIS ABOUT GETTING PRIVATE SECTOR TO GET COST DOWN, YOU COULD ORDER DRUGS THROUGH AMAZON ECHO, AND MAYBE HAVE YOUR DOCTOR DIAGNOSE YOU.>>I DON’T KNOW ABOUT THAT DIAGNOSE, BUT CUTTING OUT MIDDLE MAN IS KEY, YOU SEE THE STOCKS ARE ALL DOWN TODAY, JPMORGAN CHASE, ITSELF DID A STUDY IN OCTOBER SAID HEALTH CARE COSTS ARE 18% OF GDP, WARREN BUFFET SAID THERE IS A TAPE WORM ON THE ECONOMY CALLED HEALTHCARE. IN THE DOCTOR’S WAS ON IN THE DOCTOR’S OAS ON IN THE DOCTOR’S OFF ON IN THE DOCTOR’S OFFICN IN THE DOCTOR’S OFFICE, WE WILL HAVE MORE DIRECT CARE, MORE IN THE ROOMS, IN THIS CONGLOMERATE OF ALMOST A MILLION WORKERS THEY ARE NOT GOING TO>>THIS IS PROMISING. LIZ: HALF HEALTH CARE SECTOR IS MEDICARE AND MEDICAID, RIGHT.>>RIGHT. GOVERNMENT-RUN SYSTEM THAT IS WHAT HALF OF THE POLITICIANS ARE 3URBING PUSHING FOR. BUT FOR PATIENTS, THIS BRING DOWN COST BY INNOVATION.>>AMAZON PROVIDE PRODUCTS, AND FINANCED FROM JPMORGAN CHASE. COSTS WILL HAVE TO GO DOWN, WHAT DO BUREAUCRACIES DO? THEY SUCCESS OUT MONEY, GET RID OF “EXTRA OF EEXTRA OF EXCTRA OF EXCESA OF EXCESS BUREAUCRACY. LIZ: YOU ARE A GREAT TAG TEAM, YOU SHOULD HAVE A SHOW.>>WE OWN THIS.>>HEALTH CARE IS 18% OF

Daniel Yohans

13 thoughts on “How Amazon, Berkshire Hathaway and JPMorgan will impact health care

  1. Palla d'Aubrey says:

    Mr. Jeff Bezos is the most compassionate and caring employer on the face of Earth 🙂

  2. Daryl Leckt says:

    where is the solution to americas health care problems that trump promised he would deliver?
    how does the average small buisness compete in global markets when they have to include the cost of employees health care in the goods and services they sell.
    there is 1 soulution.
    single payer for all americans.

  3. John Michale says:

    Jeff bezos is creating a buble with their products like google they want you to be surrounded by amazon

  4. BIG A says:

    They want to control your health care.

  5. Jdbxhx Bsbsbsjxhd says:

    what's the name of the company ?

  6. Nate says:

    I work for Berkshire so hopefully it'll be good

  7. NaturalSouthernBelle says:

    I work for JP Morgan and I love my company! The minimum wage will now be $15-$18 a hr in February and I pay under $55 a month for medical, vision, and dental 80/20 no deductible, $20 copays, free eye exams, free frames and lenses, free dental cleanings every 6 months and free generic prescription. I could go on and on, amazing company to work for. ❤️

  8. Kim K says:

    Why doesn't our entire country do that? Amazon is just going to profit as a middle man.

  9. Lloyd Powell says:

    All they are doing is creating a investor panic so they can swoop up some good buys in the industry.

  10. Kosh 963 says:

    Yuuge corporations with their massive employee HC pools– have always had a competitive advantage over small business… In the current system.

    That Nothing knew here– except for trying to negotiate for Special prices with Healthcare providers & Prescription drugs Co.'s…

    That will be Cheaper than the Government HC programs…

  11. Kosh 963 says:

    The so-called Brilliance of the plan is:

    Making a Monopolistic Capitalist version of "complete" Socialized Healthcare; where, Insurance companies Merge & Own Healthcare providers/specific doctors and possibly Pharmaceutical manufacturers…

    Instead, of the Government.

    It's worse Free-market system than Single-payer system or Medicare for All.

    Because, the government doesn't own healthcare providers/doctors & pharmaceutical manufacturers…

  12. InTheNameOfJustice says:

    Want to get a tiny idea of what State run health care looks like? What better place to get it than from the British government and their socialist opposition. My Socialist MP, number 21 in the list on the page in the link had this to say:-

    "It has been reported to me that out of the 17 cubicles at Lewisham A&E [Accident and Emergency Dept.' ED] one morning last November, five people were awaiting section with severe mental health problems. One person was there for over 72 hours, another for over 26 hours and another for over 21 hours, and all were there for over four hours. When will the Minister acknowledge that the reason why A&Es cannot cope is that the entire system—from social care and GPs through to mental health—is buckling under the enormous pressure of increasing demand, and when is the NHS going to get the funding it needs?"

    Notice that her answer is not to get rid of the crap system but to throw ever more money at it.
    Source: https://www.theyworkforyou.com/debates/?id=2018-02-05a.1220.5&s=speaker%3A24953#g1224.5

  13. wizardofoz says:

    Healthcare should never be a for-profit industry, this plan is going to be disastrous for the American people.

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