Three titans of American business announced Tuesday they are joining forces to tackle one of the most enduring problems in the country: quality affordable health care. Billionaire Warren Buffett's Berkshire Hathaway and Jeff Bezos' retail behemoth Amazon will link with financial giant JP Morgan to create a nonprofit health care plan to "provide US employees and their families with simplified, high-quality and transparent health care at a reasonable cost," the companies said. "The ballooning costs of health care act as a hungry tapeworm on the American economy," Buffett said in a statement.
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