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Amazon Health-Care Move May Be Next 'Home Run' Like Cloud Services
Amazon.com Inc.'s foray into health care won't be the first time it has disrupted an entire industry by starting with an effort inside the company.
Amazon Chief Executive Officer Jeff Bezos is teaming up with fellow billionaires Warren Buffett and Jamie Dimon to revamp health care for the 2.4 million workers and dependents of the companies they run. The move fostered widespread speculation the trio will eventually make their approach to medical care available to companies far and wide.
Bezos has a long, increasingly successful, record of starting new businesses on a small scale, often for the benefit of his company, then spreading them to the masses -- creating a world of pain for incumbents. Consider the ways Amazon is changing industries as varied as product fulfillment, cloud computing and even the sale of cereals, fruits and vegetables.
This is just a cheap excuse to follow up on the machinations of the world's richest human:
Amazon, Berkshire Hathaway, and JPMorgan Chase to Offer Their Own Health Care to U.S. Employees
(Score: 2) by darkfeline on Friday February 02 2018, @04:42AM
I suspect medical billing codes are just a very complicated mechanism for tallying up a bill.
Say the hospital wants $10,000 for your visit. They open up your insurance's billing catalog and go down the list.
"Let's take the dolphin bite for $1,000, two saline bags and an HIV drug for $6,500, skin rash for $1,500, and oh, let's see, the prostate exam for $2,000. How much is that? $9,500? Fuck, what's $500? Let's use this blood test."
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