It’s natural to expect great things from an initiative attached to three corporate giants, but Jamie Dimon is calling for folks to temper their expectations for the initiative that includes his JPMorgan Chase, Warren Buffett’s Berkshire Hathaway and Jeff Bezos’ Amazon. The trio’s goal is to improve healthcare for their 1.1 million employees, but details surrounding the project have been scant.
"This is an absolute critical issue and all of us have a long-term view and we've been through the amount of money spent on fraud, administration, end-of-life, the misuse of drugs," and others, Dimon told CNBC's Wilfred Frost. "I'll remind people that Jeff Bezos, when he started Amazon, he might have had visions about the 'everything store,' but he started with books. And he spent 10 years getting books right."
Check out a brief interview with Dimon at CNBC at the link below: