Jamie Dimon, JP Morgan’s CEO Speaks to Investors at 2010 Annual Healthcare Conference in San Francisco


	Jamie Dimon, JP Morgan's CEO Speaks to Investors at 2010 Annual Healthcare Conference in San Francisco


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	[Dimon] ...JP Morgan insures 200,000 em-ployees at $1 billion cost per year. The firm is trying to be innovative and improve the health of its employees through health and wellness programs.


	By Paula Myers In January 2010, the JP Morgan Healthcare Conference was held in San Francisco at the Westin St. Francis Hotel. There were around 7,000 attendees at this year's conference with over 330 companies presenting. On January 11, the keynote luncheon speaker was Jamie Dimon, Chairman and CEO of JP Morgan Chase & Co. Dimon gave a recap of what happened to the economy over the big recession of '08-'09. He said there is plenty of blame to go around and that the problems were well known in advance. He believes that big banks took too many risks and that regulators made bad choices. Dimon also said that unregulated parts tilted the market, individuals made bad choices, and interconnectedness affected other parts of the market. He believes that it is okay for big banks to fail, but not take down the country. The firm mostly helps the biggest clients, he said. Speaking of healthcare, Dimon said that JP Morgan insures 200,000 employees at $1 billion cost per year. The firm is trying to be innovative and improve the health of its employees through health and wellness programs.