Some significant news the media isn’t reporting. About solving the high cost of medical care, that partisan politics has not only created, but works to sustain.
Three of our nation’s most successful leaders of capitalism JPMorgan, Amazon, and Berkshire Hathaway are teaming up to reduce medical care costs for their employees.
They are not seeking to solve the spiraling cost of good medical care by answering the question, the way the Trump Administration and Congress has answered it. By pitching the problem of spiraling medical care cost to individual States unequipped to solve it. States limited to deciding which of us merit affordable medical care and which of us don’t.
These three business giants will use their muscle to beat the problem of unaffordable medical care in it’s totality. And they are using the premise that unlike their commodity driven business models, that must produce a profit to be sustainable, medical care is a commodity that does not have to produce profit to be sustainable.
Considering these three institutions have signed onto the concept that our nation’s present medical care system, (that will account for approximately 20% of our nation’s GDP by 2025) does not need to be profitable to be successful, this is a huge step in the right direction. An unexpected intervention by three of our nation’s most successful wealth builders, to sustain our nation’s wealth by improving the condition of their most valuable asset, human capital.
It’s one thing to hand out a one time bonus, or a modest pay increase that goes away with the inflated cost of goods and services. Another to eliminate those inflated cost.
Time & Tide Changes Everything