Amazon Berkshire And J.P. Morgan Abandon Their Own Healthcare System Project

Executives had joined forces to create a social protection system in response to the dismantling of Obamacare health care reform.

JPMorgan Chase bank, Berkshire Hathaway conglomerate and e-commerce giant Amazon announced on Monday that they had given up on the joint project of an alternative healthcare system for their employees.

The Haven organization, which would implement this new system, announced on its website that it will end operations “at the end of February”.

Haven said it “explored a wide range of solutions” for three years and “tested new ways to facilitate access to basic care, understanding and using benefits, and making medicines more accessible”.

The three groups “will take advantage of this knowledge and continue to collaborate informally to design programs as they respond to the specific needs of their own employees,” said the organization, without giving details about the reasons for its dissolution..

The executives decided to join forces to create a social protection system in response to the dismantling of the Obamacare health care reform and the sharp rise in health insurance costs.

Although they initially planned to serve their employees with the project, they also considered expanding it to all Americans.

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