Amazon-Berkshire-JPMorgan Health Venture to Shut Next Month
- Outsider effort to transform health care ends in whimper
- Haven never showed public evidence of progress on lofty goals
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Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. plan to shut down Haven, a joint attempt to overhaul employee health care launched with great fanfare three years ago.
The planned shutdown at the end of next month marks the close of an ambitious effort that brought together titans of technology and finance but struggled to demonstrate meaningful results. While Haven tested a few plans among the founding companies’ employees, evidence of new approaches toward problems many workers and other companies have chafed at never emerged.