Health-care spending is taking up an increasing proportion of the U.S. economy, and a goal of the venture, Buffett said, is to “at least” halt that. (Photo: Shutterstock)

Warren Buffett’s health-care venture has far bigger plans than simply squeezing middlemen for better prices, the billionaire said.

“It would be very easy I think to go in and shave off 3 or 4 percent just by negotiating power,” Buffett said Monday in an interview on CNBC. “We’re looking for something much bigger than that.”

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