LogFAQs > #904185249

They wouldn't need to form relationships with insurance companies. That is why they're acquiring PillPack. They want to compete with the insurance companies, not partner with them.

This goes back to how Jeff Bezos and Warren Buffet wanted to team up to create a non-profit healthcare solution that could compete with the existing solutions.

http://money.cnn.com/2018/01/30/news/companies/amazon-berkshire-jpmorgan-health-insurance/index.html

Amazon is partnering with Buffett's Berkshire Hathaway and JPMorgan Chase, the nation's largest bank, to try to address one of the nation's thorniest and priciest problems -- soaring health care costs.

The three companies unveiled an as yet unnamed company to give their U.S. workers and families a better option on health insurance. The statement said the new company will be "free from profit-making incentives and constraints."

They've already got a CEO for this initiative.

https://www.cnbc.com/video/2018/06/07/warren-buffett-health-care-initiative-ceo.html

It'll be a thing of beauty to watch Bezos and Buffet flex their massive muscle in this industry, because they make so much money elsewhere that they could roll out a platform that loses money at first and not even notice it. In fact it may prove to be a massive investment into worker productivity which will net them more revenue in general as well-rested and healthy employees are more productive.
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