Kill the Tapeworm
 

https://www.bloomberg.com/news/artic...pany-for-staff

Take Jeff Bezo’s nose for disruptive tech, and Warren Buffett’s business savvy and JP Morgan Chase’s cash reserves, and you get something that’s worth watching for sure. Not a lot of specifics at this point, but health care stocks are taking a hit this morning just due to the news release.

Three corporate giants are teaming up to combat what billionaire Warren Buffett calls a “hungry tapeworm” feasting on the U.S. economy: health care.

Leave it to three reasonable Democratic corporate titans to do what the GOP has shown itself incapable of doing.

The Big Pharma is also afraid of Amazon jumping into the prescription market. Interesting to watch how the FDA reacts to the lobbying efforts by well entrenched purveyors.

Good luck to these guys, I hope they really throw a wrench into the works with this. :)

+1.

If the Dotard believes he is the greatest deal maker, he has not seen Bezos or Buffet in action. Those two joining in action is awesome news. Hope this works out.

From the little I have read, looks like Amazon will establish a healthcare marketplace. I am a Prime Member so will definitely get a few free trips to a doctor. :)

Alexa, find the best insurance plan for me.

Ok.

Alexa, renew my prescription.

Ok.

Yeah, 'cuz political parties naturally have the expertise and capital to create new for-profit enterprises and bring new products and technologies to market. :rolleyes:

Geez Finn, you comment above might vie for top position as your most idiotic post ever.

It looks like you didn't read the article you linked to. Their proposal is for a non-profit health care company.

The three companies said they plan to set up a new independent company “that is free from profit-making incentives and constraints.”

You never let facts get in the way of a good argument.:rolleyes:

I agree with you, to the extent that if there's an industry right now that is absolutely an easy target for disruption, its the health care system. It is a delivery system that is set up for the benefit of itself with little regard for its customers, and spends a ton of money (that we ultimately all pay for) to protect that delivery system.

Can you imagine the health care industry being in favor of the following care delivery scenario?

The patient calls their doctor on the phone to discuss what feels like a case of the flu. The patient connects via Bluetooth a biometric device to their smart phone that can collect and send key health data to their doc. There are even methods that allow blood test results to be sent to docs via smartphones.

The great thing about the scenario above is that it doesn't require the sick patient to sit in a waiting room inside a multi-million dollar medical office edifice where the patient is as likely to spread disease as get cured of it. It doesn't require near the staff of capital expense to deliver care.

And, with Amazon set to potentially offer pharmaceuticals, imagine the doc in the scenario above sending a prescription order to Amazon and the patient gets their prescription delivered to their door via drone.

All of the above is possible right now with current technology. It just needs advocacy and capital investment to push it out broadly into the marketplace.

You never let being a turd get in the way of anything. For profit or not for profit companies is irrelevant in the case of your idiotic comment above. Neither is something that a political party would have any ability to undertake for purposes of pursuing technological innovations in the health care system.

Innovations in health care are independent of the delivery of health care services, dimwit. Both my daughter and her husband are biomedical engineers involved in the design of pacemakers and renal implant devices, but their companies (Boston Scientific and Medtronic) don't deliver health care. For that matter, some of the greatest advances in modern medicine (e.g., medical imaging, advanced diagnostics, pharmaceuticals) have been done in Germany, a country with socialized medicine.

You are one confused puppy. Trump is fortunate to have logic-challenged lemmings like you on board with him, despite his manifest incompetence and corruption.

Yet the current incompetent administration is making noises about nationalizing 5G. Yeah, that’ll work. And you will be right there leading the cheers. Moron.

BULLSHIT. Delivery of care is an absolute target for disruption and innovation as I've detailed in this thread. You're the confused puppy. Woof.

Every country in the developed world already know hows to deliver health care at about half the price we do (and with better outcomes). We don't need to innovate in this area. We need to imitate.

Not only half the price.... but with better outcomes.

Fixed. Thanks.

Innovation is code word for privatization.

Well, that was a spectacularly lame answer. Apparently you have no new ideas here, just use what works for the rest of the world. Never mind that they're no proof that copying - for example - Germany's health care system (a country you seem enamored with) would have any merit. Health care coverage (as in universal coverage) doesn't mean that it would be delivered in a cost effective manner in the US.

I lived there 11 years, still have many friends there, and go back every 2-3 years.

Therefore, "public" or "socialized" is a code word for regression.