Memphis' own, Fred Smith, addressed health reform on Fox News Sunday today. Basically, he stated that there has to be reform. Those that cover their employees, such as FedEx (and all other MBGH members), are paying for the un-insured since the health care delivery system does not deny medical care. He proposed that we should have mandated coverage for "major medical" or "catastrophic care", which was the type of insurance many of us had in past. He commented that at one point, there was not "first dollar coverage".
Fred Smith was joined by Steve Odland, CEO & President of Office Depot and former CEO and President of Memphis-based AutoZone, and John Chambers, Chairman & CEO of CISCO Systems.
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