During a June 1 conference in New York, Mr. Dimon said multiple healthcare-related providers contacted him directly after the companies announced their collaboration in January.
“Quite a bit of them were pissed off, which kind of pissed me off,” Mr. Dimon said. “They’re going to tell me I can’t do a better job for my employees? Isn’t that what they’re supposed to help me do anyway? That’s all we’re trying to do, is do a better job for the health of our employees.”
The three companies’ effort, led by Berkshire Hathaway executive and JPMorgan board member Todd Combs, is having a challenge securing a CEO. Mr. Dimon said once the venture has a CEO, it will begin testing ideas to cut healthcare costs. The initiative has a 20-year horizon and seeks partnerships with other healthcare companies, according to Mr. Dimon.
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