Complacency will make fixing the nation's health-care system a daunting task, according to Warren Buffett, whose Berkshire Hathaway recently joined with J.P. Morgan Chase and Amazon to develop a new model for their 1 million employees.
"We have a $3.4 trillion industry, which is as much as the federal government raises every year, that basically feels pretty good about the system," Buffett said."There's enormous resistance to change while a similar acknowledgement that change will be needed. And of course if the private sector doesn't supply that over a period of time, people will say 'we give up, we've got to turn this over to the government,' which will probably be even worse.
"We've got this incredible economic machine but we shouldn't be spending 18 percent when other countries are doing something pretty comparable in terms of doctors per capita and hospital beds per capita," Buffett told Yahoo Finance."We're paying a price."
Source: Healthcare Press (healthcarepress.net)
JeffBezos jpmorgan In other words, no need to worry about anything other than offering excellent service at reasonable prices. The three of you certainly understand this concept and are capable of figuring out how to do that successfully in this industry as well.
JeffBezos jpmorgan 3. Medical coverage costs for the pool of 1 million employees currently exceed $1,000 per month per person. Why not simply offer EACH employee annual subscription to Haven facilities for $500.This will more than cover facility’s total annual overhead costs.
JeffBezos jpmorgan Here’s an idea for Jaime, Jeff, & Warren re: Haven. Start simply. 2. Secure inventory of supplies and medicines DIRECTLY from manufacturers of same- make them all compete and EARN your business. (Cont.)...
JeffBezos jpmorgan Here’s an idea for Jaime, Jeff, & Warren re: Haven. Start simply. 1. Open facility and offer medical services with published menu and prices WITHOUT involvement by third party payers; which are a primary driver of bloated prices... (Cont.)...
The change of socialism America is in danger
The resistance appears to be against getting the federal government out of health care 100% !!
JeffBezos jpmorgan With 1mil employees/ready customers and billions of dollars at their command, Messrs. Buffett,Bezos,and Diamon have a FANTASTIC opportunity to create a new paradigm by building new system from scratch that works properly and cost effectively.
The USA needs universal healthcare and the for profit healthcare insurance scammers must find another business.
The healthcare is a business philosophy it's a deadly one!
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