Amazon, Berkshire Hathaway, JPMorgan Chase to disband health venture

New York (AFP) – Amazon, Berkshire Hathaway and JPMorgan will disband Haven, the joint venture aimed at lowering health care costs for their US employees, just three years after launching. The announcement Monday means the three major American companies admitted defeat in their attempt to address one of the most vexing and longstanding problems for employers and employees alike in the world’s largest economy. Haven said on its website that the venture would end in late February, although the companies plan to “continue to collaborate informally to design programs tailored to address the specif…

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