White House did what Bezos, Buffett, Dimon did on health care

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Director of the National Economic Council Gary Cohn speaks during the daily news briefing at the James Brady Press Briefing Room of the White House, September 28, 2017 in Washington, DC.

The White House has already made efforts to reduce health-care costs for the average American worker, White House economic advisor Gary Cohn told CNBC on Tuesday.

Cohn appeared on “Squawk Box” shortly after Amazon, J.P. Morgan, and Berkshire Hathaway announced a partnership to improve U.S. employee health.

“Earlier last year, we created association health-care plans, which is the exact same thing that those three companies did,” Cohn told CNBC.

Earlier this month, the Trump administration proposed new rules to make it easier for small businesses to create health insurance plans that would be exempt from many consumer protections mandated by the Affordable Care Act.

“We agree in that philosophy. We think that individual workers should have to pay less for health care,” Cohn added in the live interview.