Dan Munro writing in Forbes lists 10 reasons why this latest health care venture involving industry titans Amazon, Berkshire Hathaway and JP Morgan Chase (ABC) – or really any group of employers – can’t fundamentally change or ‘disrupt’ U.S. healthcare.
Here is reason number 1:
“Employer Sponsored Insurance (ESI) isn’t the product of
intelligent system design. In fact, there’s no clinical, fiscal
or moral argument to support this unique financing model at all. It’s quite literally an accident of WWII history and America is the only industrialized country that uses employment as the governing entity for health benefits. We could have changed this accidental system design decades ago, but we never did.”