This week saw the announcement that Amazon, Berkshire Hathaway and J.P.Morgan Chase & Co. are launching a new company aimed at cutting healthcare costs for their 900,000 U.S. employees. These companies are facing the same ever-increasing healthcare costs as other U.S. companies. And they know that their employees are being punished by the higher costs as well. In the words of Warren Buffet "the ballooning costs of healthcare act as a hungry tapeworm on the American economy."
We applaud their efforts and appreciate the wake-up call to the healthcare system and health insurers that have proven slow to change and incapable of fulfilling their promise of lower costs and higher quality care despite two decades of managed care and innumerable failed ‘programs’.
The trio fully understand that while the healthcare system is very complex, consumers want transparency, knowledge and control in managing their healthcare. Healthcare Bluebook has been focused on this core problem for the past 10 years. Healthcare Bluebook protects patients by exposing the truth and empowering choice. At the core of Bluebook is technology that simplifies the information consumers need to understand their care options and find high-quality care at a fair price. Ease of use is the foundational principle driving our ability to help consumers and employers in getting the value they deserve.
We are buoyed to have three of the largest and most enterprising US employers engaging in the movement to build a better healthcare system and patient experience. They are alongside the 3,000+ companies that work with Bluebook to accomplish this same goal. Every consumer deserves to know the quality and cost of care in advance of making their decision so that they can get fair prices and good value.