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Jeff Bezos: "There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second." If he can do
by SkyMarshal 6y ago
Jeff Bezos: "There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second."
If he can do that with healthcare, it could be a godsend for a great many people currently suffering under the opaque, private-equity-rigged healthcare system the US currently has. Such a system is ripe for disruption.
It seems to largely depend on what kind of healthcare quality and health outcomes Amazon can deliver while pushing prices down, as well as how Amazon can deal with the edge cases that currently account for the bulk of healthcare expenses in the current system.
One litmus test for where they're heading with this is whether they publish fixed costs for medical procedures or not. That seems to be one necessary-but-maybe-not-sufficient requirement for getting this mess under control.