Not even the common power of three similar colossi Jeff Bezos, Warren Buffet and Jamie Dimon managed to improve the most ineffective healthcare in the world (along with Brazil), the US health care system. A few days ago, Haven Healthcare, the company founded by Amazon, Berkshire Hathaway and JP Morgan To explore new health routes in the North American country, he announced that it will cease to exist in February.
“Haven will close operations at the end of February. The Haven team has made progress in exploring a wide range of healthcare solutions, as well as in testing new ways to make primary care more accessible, communicate the benefits of insurance and drive them to improve access to affordable prescription drugs, “the company said in a statement.
“Going forward,” he continues, “Amazon, Berkshire Hathaway and JP Morgan Chase will leverage this knowledge and continue to work informally to design programs tailored to the specific needs of our people and the location of our employees.” Behind this optimistic tone, the reality is that Haven has not achieved its goal and the US health care system is one of the most inefficient in the world, according to the report Bloomberg.
John S. Toussaint, CEO Catalysis, analyzes in Harvard Business Review“The reasons for Haven’s disappearance. This specialist offers three reasons why even these three omnipotents have failed to change things. The first is “insufficient market power”. “Despite the 1.2 million employees, the three companies that still make up Haven they did not have enough market power to get lower prices from suppliers“, he claims.
Secondly, Toussaint attributes this defeat „Perverse incentives“From your point of view”the US health care system focuses on treating the disease rather than preventing it... As insurers and suppliers make huge profits with the existing system, they do not have much reason to change and accept the risks of a fixed price surrender system. “
Finally, Toussaint attributes the bad time when the project was born and developed. Covid pandemic made the providers dedicate themselves exclusively to this service. The focus was on the coronavirus. Consequently, after these three years of Haven’s existence, American healthcare remains the same.
The United States wastes 25% of its healthcare investment
The American healthcare model is extremely complex and very different from the Spanish one. In the United States Almost 50 percent of the population accesses health resources through the medical insurance provided by the company they work for. The benefits of each insurance depend on what each company determines.
20% of the population goes to the hospital or health center Medicaid, funded by the states and the federal government. ITThe benefits vary enormously depending on the social group or the state. by 10% of the population has no insurance. About 30 million people are not protected. Usually, anyone who goes to the emergency services will be treated, but sooner or later they will have to pay.
The American health care system is also greatly improving the value for money. According to a study published in the prestigious medical journal JAMA, The United States wastes between $ 760 and $ 935 billion annually, 25 percent of its total investment in health care.
In addition, the provision of healthcare could save between 102 and 165 billion and forLow-value treatment or care loses about 100 billion euros.