May 23, 2013

The Year Ahead: Five Key Sectors - Mike Fernandez

Photo: Eileen Escarda

Health Care

The Year Ahead: Five Key Sectors - Mike Fernandez

Chairman / MBF Healthcare Partners Chairman / Simply Healthcare Plans, Coral Gables

Mike Vogel | 1/8/2013

“I expect that (President Obama) will move forward with his health care reform plans. There will be a tremendous increase in the number of Medicaid-qualified eligible. They will have an insurance card; the question is, will they have a doctor to see them? Our insurance-related businesses will grow. There’s been a ratcheting down of reimbursement for certain services. That will cause a significant number of health care providers to exit the marketplace.”

Premiums vs. Wages in Florida

	2000	2009	Change
Median Earnings	$22,753	$28,836	26.7%
Total Family Premiums	$6,812	$13,497	98.1%
Share Paid by Worker	$1,969	$4,697	138.6%

Source: Families USA

Tags: Healthcare, CEO Sounding Board

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