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Will Walmart, UPS, Kroger, McDonalds, and IBM counter with their own plan?
I thought big monopolistic companies were evil? Why would they do such a thing if they intentionally reduce profits?
Also, healthcare is only a band-aid fix for eating poorly and lack of exercise, it will only get worse if people don't realize this.
Physicians and other healthcare providers dedicate a large amount of their lifetime to being able to become provides. Cutting their salaries is a slap in the face of providers.
If you get laid off from your job, you have enough other things to worry about, and FOOD shouldn't be one of them.
If you get laid off from your job, you have enough other things to worry about, and RENT shouldn't be one of them.
If you get laid off from your job, you have enough other things to worry about, and a CAR shouldn't be one of them.
Anything else I'm missing meathead? Since we're spending other peoples' money we might as well go for it all.
https://www.bloomberg.com/news/arti...jpmorgan-to-set-up-a-health-company-for-staff
Three corporate giants are teaming up to combat what billionaire Warren Buffett calls a “hungry tapeworm” feasting on the U.S. economy: health care.
Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co. said they plan to collaborate on a way to offer health-care services to their U.S. employees more transparently and at a lower cost. The three companies plan to set up a new independent company “that is free from profit-making incentives and constraints,” according to a short statement on Tuesday.
Thoughts? Will Trump tweet about his seething jealousy of Bezos? Is this the first step to improving health care?
It's encouraging. But before you get your penis too erect over it, remember we are talking about the worlds richest men, who are currently paying for healthcare in some way for upwards of 1 million people, are discussing ways to remove the profit element fro healthcare. In short, they are trying to make more money. That should come as a surprise to noone.
They could all do it tomorrow by self insuring. They just don't want the distraction from their core business.
It's not a strawman. There are many necessities in life. Why should the tax payers have to foot the bill for health care?For many shitposters it might have been enough to use one strawman. But you went the extra mile and crammed 3 into one post. Nice work.
I’m wondering what they’ll do...
At a high level, healthcare has 2 key parts sellers of healthcare insurance policies (aka payers) and people who provide services (providers) that they bill back to the payers....
Will they buy providers and pay them a standard salary plus bonus? Will they fund their own insurance company?
I think they’ll buy Anthem....they’ll get a little of both and still manage to make a ton of cash. Then they would want an RX company, doesn’t have to be the top one though
They could try and build their own but that’s not their style.
It's not a strawman. There are many necessities in life. Why should the tax payers have to foot the bill for health care?
Off topic, I was looking for windshield wipers on Amazon, and the site said "Your (year make and model of my car) uses 26" inch blades for the driver side." I don't recall ever putting this information on their site, so I guess they must have purchased it from somewhere.
Imagine when Amazon starts pushing you fungal creams and anti-psychotics...
Some claim that as much as 30% of healthcare costs are from billing and collection. A single payer solves that but it would also put those involved in those jobs out of work as well as those that sell insurance.
There’s BILLIONS to be made in billing.....to be fair most of that billions is made by ensuring claims go through and get paid the first time....
They aren't trying to reduce their own profits, they are banding together to form a co-op to try and remove profits from the cost of providing their employees health care. That would increase their profits as they are likely hoping to reduce what they pay to cover employees health.
I still can't understand how the USA ended up in this moronic situation where decent healthcare is linked to one's employer. It is really the most ass backwards system.
I'm extremely curious what they could do. The first thing that comes to mind is the administrative side of care - if you could cut that you'd save a ton. But how? You'd probably want to acquire an existing insurance company and roll out a new interface between providers, payers and patients - something that's mostly automated? But I can't imagine that's not already being done. Reduce the cost of care - replace doctors with automated care for pretty much anything simple? But I have no idea where the technology is for that? And I assume that's already in the works too.
Buy clinics and force your employees to go there? that would combine a new interface with lowered cost of provider care.
Find a way to subsidize residencies in exchange for exclusive contracts with the doctors who come out of those programs? Thus you up the number of providers and corner off a regular supply of them for your private clinics with new interfaces?
Biometric scanners at the entrance to the offices forcing employees to basically get a physical every day (or month) and then mandating preventative check ups to keep people in good regular health and thus forestalling health crises by early intervention?
Shooting the fat and elderly employees and burying them behind the office park?
The possibilities are endless.