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Rumors and speculation of an Amazon entry into the health care space have been swirling for months. (Photo: Shutterstock)

Reaction is pouring in across many industries on Tuesday’s news that Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co. plan to set up a new independent company – “free from profit-making incentives and constraints” – so that the three partners can offer health-care services to their U.S. employees more transparently and at a lower cost.

Given the amount of attention mere rumors and speculation of an Amazon entrance into the health care space has garnered over the past several months, it’s unlikely the buzz about this news will die down any time soon. The question will be whether the endeavor can live up to the lofty goals. 

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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