Is this in reference to this? https://www.npr.org/sections/thetwo-way/2018/01/30/581804474/amazon-berkshire-hathaway-and-jpmorgan-chase-launch-new-healthcare-company

You’re definitely right though. In fact, this reminds me of a specific quote from Bernie Sanders’ Guide to Political Revolution, “Millions of American workers need these programs [like SNAP and Medicaid] because they cannot survive on the starvation wages their employers pay. Public assistance given to low-wage workers is essentially subsidizing the profits of the companies paying the low wages.” On top of that, albeit necessary, it is more importantly and enticingly cost-effective for the bourgeoisie to maintain a proletariat just healthy enough to labor.

As for your last sentence, I agree—except, besides capital accumulation, I’d only add that competition between the bourgeoisie also gets in the way.