Three Business Titans To Tackle Health Care Costs

That's probably not how these three men made a decision to form a new company to address health care costs for their US employees, and possibly for many more Americans. It immediately sent shock waves through the health sector of the stock market and reinvigorated talk about health care technology, value and quality. It is like healthcare companies saying they don't like their telephones or computers so they are going to re-invent the IT industry.

It has been watched very closely on Wall Street, which has seen Amazon disrupt numerous industries ranging from bookstores to clothing chains.

At CSU, all students are required to have health insurance. "This can only speed up the creation of a well-functioning healthcare system for all Americans". One thing that is not complicated is that the way to save money is to focus on the sickest patients.

In addition, several studies show that a succession plan that leads to a like-minded leadership misses the diversity required to lead to better financial and operational results as a result of exchange of information and critical cognitive analysis. Amazon is conducting an experiment in "purposeful Darwinism", according to a New York Times profile of life inside the business, to see just how far it can push its workers, and with little concern for their health.

Because of this, it's not possible to measure whether the partnership will be good for public health yet.

Perhaps this is the start of a massive transformation where employees are provided their own network of providers employed by the new venture. The employer-sponsored health insurance market provides coverage to approximately 160 million Americans.

So Bezos, Buffet and co. are not doing something brand-new, in attempting, as an employer, to make another attempt at controlling healthcare costs. While other costs - costs of living, transit, food - by and large remained the same, healthcare prices continued to rise. He imagines a "next-generation 23andMe" diagnostic tool (referencing the DNA testing company) that would deliver a comprehensive "data capture of your health and well-being, nutrition, neurobionics" directly to consumers.

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So bringing down the prices is the big game in taming total health care spending. But in the meantime, I reached out to a Dallas voice for his take. A small, non-invasive, laproscopic surgery cost $15,000.

"[There was a recent] survey about this - specifically, millennials are the most interested in new health care offerings, but it wasn't as much high-tech as it is convenience they are interested in - same-day appointments with a family doctor, guaranteed appointments with specialists, home visits, a wider array of services available at retail clinics".

US Treasury yields surged to more than three-year highs on expectations that central banks globally will reduce stimulus as the economic outlook improves. The firm notes that this could make some potential targets prohibitively expensive. It must also be reiterated that the initial goal here is to create a top-down health-care system that isn't an enterprise in and of itself, but rather an employee benefit. First and most basically because this is far, far from the first time big companies have promised to finally bring some sense to America's insane healthcare situation. "By 2020, we expect to provide easy and affordable healthcare to more than 100,000 members".

"The new company will likely be a big buyer of healthcare products and services with pricing leverage that can hurt the profit margins of existing healthcare players", he told TechNewsWorld.

Additionally, not operating on a single-payer system means the overhead costs are much larger, contributing to the astronomical prices.

Changing a $1.4 trillion system is not going to happen quickly. It's why rich and affluent people will come here for medical care.

"Our nation's healthcare costs are essentially twice as much per person vs. most other developed nations", Dimon said.

(Copyright © 2015. All Rights Reserved.)
 
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