Readers React: Hey, Bezos-Buffett-Dimon healthcare skeptics, ever heard of Kaiser Permanente?
To the editor: I read the article, “Amazon, JPMorgan and Berkshire Hathaway team up to lower healthcare costs for their workers — and maybe everyone,” and was little surprised that there seems to be this “it can’t be done” attitude.
The three companies propose to jointly create their own health plan to serve their employees. This has been done before, by combining the concept of being “free from profit-making incentives and constraints” and the increased use of technology.
There used to be a large steel mill in the Inland Empire called Kaiser Steel. The owner of that company, Henry J. Kaiser, started a health plan for his employees. Fast-forward to today and Kaiser Permanente is one of the most highly rated medical plans in California and the country.
Good innovators always strive for improvement, and I think the leaders of Amazon.com, Berkshire Hathaway and JPMorgan Chase & Co. are probably the most competent people to take this on.
Jane Delorenzis, Long Beach
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