- thinks
- But there's one piece that needs to fall into place before much change can happen, Gurley said: narrow networks.
- At Kaiser Permanente, a health system on the West Coast that has both a health plan and a hospital, members see the doctors Kaiser Permanente employs in network. The model
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A bunch of people are betting that a 70-year-old health system could hold the key to fixing out-of-control healthcare costs
Warren Buffett has said that healthcare costs hurts businesses, and venture capitalist Bill Gurley thinks employers should get out of healthcare.
Amazon, JPMorgan, and Berkshire Hathaway plan to build a new nonprofit healthcare company that will provide to their employees "
Depending on how that company takes shape, it could have a big impact on the role employers play in healthcare.
Bill Gurley, a general partner at Benchmark Capital, told Business Insider that the new venture could be a sign that companies are trying to create change in how employers interact with healthcare for their employees.
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"If the whole nation had Kaiser Permanente care, the average quality of the care would go way up and the cost would go way down," Munger has said.
But still, the majority of health plans aren't built around narrow networks, especially employer-funded plans, which proponents of narrow networks say keeps healthcare costs high.
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