The company was created in 2018 with the goal of helping provide better health and insurance services at a lower cost to workers and families in these three major U.S. companies and potentially to other companies of the United States.
JPMorgan CEO Jamie Dimon wrote in an email to employees he shared with CNN Business: “Haven worked best as an idea incubator, a place to pilot, test and learn, and a way to share best practices among our companies. Our learning has been invaluable. “
Thurston told CNN Business that “going forward, Amazon, Berkshire Hathaway and JPMorgan Chase & Co. will continue to collaborate informally to design programs tailored to meet the specific needs of our employees’ populations and locations.”
He added that “Haven’s team has made good progress in exploring a wide range of healthcare solutions, as well as piloting new ways to facilitate access to primary care, easier-to-understand insurance benefits and to use and the most affordable prescription drugs “.
In the future, the three companies are expected to continue to focus on increasing the supply of health care for their own employees, especially when the Covid-19 vaccine will be available to a wider group of Americans.
In his email to employees, Dimon said that “we will take the knowledge we have gained through our joint venture and build it.” He added that there will be no changes to benefit programs for bank workers and that Haven would work with Amazon and Berkshire Hathaway to find new jobs for Haven employees.
Berkshire Hathaway, led by billionaire Warren Buffett, has recently been looking for deals in the healthcare sector.