LIZ: THREE TITANS OF INDUSTRY, TEAMING UP TO UP END THE HEALTH INDUSTRY WITH NEW PRIVATE SECTOR COMPANY TO DELIVER CHEAPER QUALITY CARE FOR THEIR 11 MILLION COMBINED U

S WORKERS, THE PRIVATE SECTOR TRYING TO SHOW THE GOVERNMENT HOW TO DO WHAT IS YOUR REACTION? >> BIG STORY, ECONOMICALLY AND POLITICALLY, MOST TALK ABOUT — BUT 165 MILLION PEOPLE IN THIS COUNTRY GET THEIR HEALTH INSURANCE THROUGH AN EMPLOYER THIS IS A VERY DISRUPTIVE ANNOUNCEMENT, IT WILL CHANGE THE MODEL BY CUTTING OUT THE MIDDLE MAN, INSURANCE COMPANY, PHARMACY BENEFIT MANAGER, THEY DO IT IN HOUSE POLITICALLY THIS IS A TREMENDOUS MESSAGE, THE DEMOCRACY IN CONGRESS ARE SIGNING ON TO THIS SINGLE PAYER LEGISLATION, THAT WILL OUTLAW ALL PRIVATE INSURANCE >> EVEN OBAMA AND HILLARY CLINTON SAID WERE BAD

>> IT WOULD RIP INSURANCE AWAY FROM THESE WITHIN 65 MILLION PEOPLE — 165 MILLION, THIS COMPANY SAYS LET'S IMPROVE IT LIZ: MEDICARE FOR ALL >> LET'S IMPROVE IT LIZ: DOC, THIS ABOUT GETTING PRIVATE SECTOR TO GET COST DOWN, YOU COULD ORDER DRUGS THROUGH AMAZON ECHO, AND MAYBE HAVE YOUR DOCTOR DIAGNOSE YOU >> I DON'T KNOW ABOUT THAT DIAGNOSE, BUT CUTTING OUT MIDDLE MAN IS KEY, YOU SEE THE STOCKS ARE ALL DOWN TODAY, JPMORGAN CHASE, ITSELF DID A STUDY IN OCTOBER SAID HEALTH CARE COSTS ARE 18% OF GDP, WARREN BUFFET SAID THERE IS A TAPE WORM ON THE ECONOMY CALLED HEALTHCARE

IN THE DOCTOR'S WAS ON IN THE DOCTOR'S OAS ON IN THE DOCTOR'S OFF ON IN THE DOCTOR'S OFFICN IN THE DOCTOR'S OFFICE, WE WILL HAVE MORE DIRECT CARE, MORE IN THE ROOMS, IN THIS CONGLOMERATE OF ALMOST A MILLION WORKERS THEY ARE NOT GOING TO >> THIS IS PROMISING LIZ: HALF HEALTH CARE SECTOR IS MEDICARE AND MEDICAID, RIGHT >> RIGHT GOVERNMENT-RUN SYSTEM THAT IS WHAT HALF OF THE POLITICIANS ARE 3URBING PUSHING FOR BUT FOR PATIENTS, THIS BRING DOWN COST BY INNOVATION

>> AMAZON PROVIDE PRODUCTS, AND FINANCED FROM JPMORGAN CHASE COSTS WILL HAVE TO GO DOWN, WHAT DO BUREAUCRACIES DO? THEY SUCCESS OUT MONEY, GET RID OF "EXTRA OF EEXTRA OF EXCTRA OF EXCESA OF EXCESS BUREAUCRACY LIZ: YOU ARE A GREAT TAG TEAM, YOU SHOULD HAVE A SHOW >> WE OWN THIS >> HEALTH CARE IS 18% OF

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