Three of the biggest names in banking, investment, and e-commerce are coming together to tackle healthcare.
Berkshire Hathaway, Amazon, and JP Morgan Chase are all partnering on a nonprofit healthcare venture for their employees.
The three giants are aiming to reduce costs, increase transparency, and simplify the entire health care process.
According to a statement, the new entity will be "free from profit-making incentives and constraints."
Warren Buffett, CEO of Berkshire Hathaway, said the plan, now in its early stages, is to reduce the impact ballooning healthcare costs have on the economy.