Reframing the conversation of retiree health care costs from overall lump-sum to annual costs is key.

Munger thought the article was so useful that he blindly mailed Gawande a $20,000 check, Buffett told CNBC at the time.

The choice Dimon, Bezos, and Buffett have made implies that the health care company will take a broad look at fixing health care.

The problem doesn't lie in a lack of data. Companies just aren't analyzing what they've got effectively enough to inform their strategies.