Amazon's Jeff Bezos and billionaire Warren Buffett to open healthcare startup for US employees

Amazon, alongside JPMorgan and Berkshire Hathaway, will form a new independent health care business for their US employees. The US business giants offered no concrete details about the new joint-venture on Tuesday, but said they plan to offer health services with “transparency” and cut healthcare costs for their staff in the US. Amazon founder Jeff Bezos, the world's richest man, Berkshire’s billionaire chairman Warren Buffett and Wall Street executive Jamie Dimon said the startup will be “free from profit making incentives”.

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