“Any single company, even broad coalitions, have a hard time.”Technology giants have attempted health care innovation before. None of these players have expertise in health careThe three companies don’t have much direct experience in providing health insurance or services. Ms. Dafny said she was excited to see such serious players take on this problem, but noted there were numerous examples of outsiders trying, and failing, to succeed in the health care system. Health care is a business that requires a lot of regulatory compliance and negotiation with established players. Health care tends to be different, because consumers don’t usually want to settle for a lower-quality product, even if it is substantially cheaper.

Source: New York Times January 31, 2018 00:00 UTC