Why Tech Giants Amazon and Apple Are Moving into Medical Care

Lately, many US companies are bearing the brunt of the rising expense of the healthcare system, as employers generally pay ~70% of an employee’s healthcare premium. According to the National Business Group on Health, the employer’s healthcare cost per worker is expected to increase 5% to $14,800 in 2019 compared to the estimated price of $14,099 per employee in 2018. According to Health System Tracker, the average American spends more than $10,000 per year on healthcare costs compared to the average of $5,200 spent in peer nations, including Canada, Japan, Australia, and several Western European countries.