Originally published in The Hill.
The recently announced health care collaboration between Amazon, Berkshire Hathaway and JPMorgan Chase — three hugely rich, successful and totally different corporate behemoths — has become something of a Rorschach test for analysts and pundits. Since the companies themselves have said nothing about what their new venture will do, we are all free to spin scenarios to our hearts’ content, and to the public’s likely confusion.
The fact is, no one — probably including Jeff Bezos, Warren Buffett and Jamie Dimon — knows how Amazon and Company will provide their 1.1 million employees with “simplified, high-quality and transparent health care at a reasonable cost.”
Read more in The Hill.