Cutting medical costs at Amazon, IBM, Whole Foods and more...
Can Amazon, which transformed the way many Americans shop, do the same thing for medical care?
That’s the question many are asking after news that the online retail giant is partnering with Berkshire Hathaway and JPMorgan Chase in a venture aimed at cutting healthcare costs for its employees—and possibly a wider swath of Americans, Donna Rosato reports on consumerreports.com.
While it’s too soon tell what they may develop, other companies have already made radical moves to contain runaway healthcare costs and improve quality, Rosato wrote.
Some big-name companies, including Whole Foods, Boeing, Lowe’s, and Walmart, have cut out insurance companies entirely and are contracting directly with healthcare providers to offer some medical services to workers.
For more, including how these and other companies like IBM have also moved to reduce healthcare costs: https://www.consumerreports.org/healthcare-costs/amazon-takes-aim-at-disrupting-healthcare-industry/
Is healthcare the next Amazon offering?
That’s the question many are asking after news that the online retail giant is partnering with Berkshire Hathaway and JPMorgan Chase in a venture aimed at cutting healthcare costs for its employees—and possibly a wider swath of Americans, Donna Rosato reports on consumerreports.com.
While it’s too soon tell what they may develop, other companies have already made radical moves to contain runaway healthcare costs and improve quality, Rosato wrote.
Some big-name companies, including Whole Foods, Boeing, Lowe’s, and Walmart, have cut out insurance companies entirely and are contracting directly with healthcare providers to offer some medical services to workers.
For more, including how these and other companies like IBM have also moved to reduce healthcare costs: https://www.consumerreports.org/healthcare-costs/amazon-takes-aim-at-disrupting-healthcare-industry/
Photos: Giphy.
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