Buffett expects health care effort by Amazon, JPMorgan to unlock up to other companies

Warren Buffett tells the joint effort among Berkshire Hathaway, Amazon & JPMorgan Chase to solve health care for their employees going to may too involve other employers eventually. He added which they've been inundated with companies which need to join the effort, however "we're not remotely there." Then they'll begain working on emerging a outline to change How health care is paid for. He said which huge health care spending puts U.S. businesses at a competitive disadvantage which far outweighs any boost they got from the Fresh, reduce corporate tax average. Buffett only told Businessmen in a letter this weekend which Berkshire itself received a $29 bn gain from the Fresh tax code.

Aetna chief executive officerMark Bertolini on acquisition with CVS, health care costs

"Call it ten,000 Fresh forehead doors to the health care system. Bertolini said the health care industry currently works "backwards" & used the analogy of buying a vehicle to explain. When some have expressed worry the merger would provide less options for some health care consumers, Bertolini appeared to disagree. "If it's the just drug store in town, & which's where I'm getting my health care?" Asked whether he welcomes Amazon, Berkshire Hathaway & JPMorgan creating a Fresh health care Inc. to battle hight costs, Bertolini said, "I think the further competition we have, the better.

The Latest: Buffett wishes for large health care savings

according to Buffett didn't discuss many details of the 3 companies' health care plans during an appearance on CNBC Monday because the initiative was only reported final 30 days. He tells the steady promote in health care costs has been a drain on American business. ___6 a.m.Businessman Warren Buffett tells he remembers confident in Wells Fargo & its current leadership despite the bank's crises. ___5 |45 a.m.Businessman Warren Buffett tells GE has Apparently had accounting issues & misjudged its liabilities for long-term care insurance. Billionaire Warren Buffett tells the tax overhaul US Congress passed final year going to provide a "massive tail wind" for American business.

Republicans going to lead America unwittingly to single-payer health care

This time without menace of a fine, even further young people & mature families going to decide to go without health insurance. indeed, the 5 largest states — California, Florida, Texas, N.Y. & Illinois — have markets Big sufficient to elect smaller industrialized countries where there are public health insurance systems. For example, Germany has a private insurance system however spends about eleven% of gross domestic output on health care whereas the U.S. spends 18%. Doctors, hospitals, & drug & health insurance companies going to take a hair cut. Americans going to get their health care by the same speed & reliability of the Post Office.

collected by :Lucy William