Amazon Joins with Berkshire Hathaway, JPMorgan to Form Health-care Company

By Matt Day / The Seattle Times

The three U.S. corporate giants say their new venture will work to improve employee care and lower costs "free from profit-making incentives and constraints."

Amazon  — thought for years to be weighing an entry into health care — landed there with an unexpected splash Tuesday, revealing plans to form a joint venture with Warren Buffett’s Berkshire Hathaway and JPMorgan Chase that’s charged with lowering the cost of caring for employees.

KUOW Debate: Will the GOP Healthcare Bill Hurt or Help Washington State?

Bill Radke talks with Aaron Katz, who teaches health policy the University of Washington School of Public Health, and retired physician Roger Stark, a healthcare analyst for the Washington Policy Center.

They discuss the current healthcare bill being debated in the Senate and the Congressional Budget Office score that predicts 22 million fewer Americans will have insurance by 2026.

Aaron Katz is also an Adjunct Principal Lecturer of Global Health at UW.