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Amazon, Berkshire, JPMorgan be part of forces on well being care

Three of company America’s heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — despatched a shudder by means of the medical insurance business Tuesday after they introduced plans to collectively create an organization to supply their workers with high-quality, inexpensive care.

The announcement was brief on particulars about exactly what the impartial firm will do. However given the three firms’ outsize affect — and Amazon’s potential to remodel nearly every little thing it touches — the alliance has the potential to shake up how Individuals store for well being care, and the shares of insurance coverage firms, drug distributors and others slumped in response.

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