Why not set up your own healthcare company when you can? Well we cannot but Amazon sure has all the riches to kickstart their own healthcare firm to take care of their employees’ medical needs.
Amazon along with Berkshire Hathaway and JP Morgan Chase is working to build their own independent healthcare company for their employees which will offer medical benefits and care to their employees along with their families.
This decision is taken to establish a company where the sole purpose will be the wellbeing of the workforce of the companies involved and it not be involved in profit making ventures.
The founder of Amazon, Jeff Bezos, said that the partners are open-eyed about the degree of difficulty of stepping into the healthcare sector as a service provider. In his words, ’the ultimate goal of reducing healthcare’s burden on the economy while improving outcomes for employees and their families would be worth all the efforts’.
At this point the three companies are on their ‘early planning’ stage and the news was announced by a press release on 30th January. Currently, a temporary management staff is working in setting up a management structure and plans to set up their operating HQ soon.