The Puerto Rico Chamber of Commerce and the University of Miami‘s School of Business Administration on Tuesday announced a partnership to co-host the Puerto Rico Health & Insurance Conference 2011 “A New Economy in Health Care,” on Feb. 2.
The event slated to take place at the Conrad San Juan Condado Plaza Hotel, will provide a unique opportunity for investors, entrepreneurs and other business professionals to learn about the island’s health care system, how health care reform will impact major insurers and institutional providers, and what new business opportunities and challenges will result from the reform.
“We have formed this strategic alliance with the University of Miami School of Business Administration to promote and nurture entrepreneurship in Puerto Rico in the health sector, and the Conference will be one of the tools we will use to achieve this and to promote investment opportunities,” said Roberto Pando, vice-president of business development for Medical Card System and chairman of the Puerto Rico Health & Insurance Conference 2011.
The upcoming event is expected to draw up to 500 investors, business executives, and entrepreneurs from the U.S., Latin America and Europe, organizers said. During the conference, participants will be exposed to new business opportunities available to entrepreneurs in Puerto Rico’s health care sector.
Keynote speakers include Steven G. Ullmann, a management professor and the director of programs in health sector management and policy at the University of Miami School of Business; Roberto Ramírez García, a professor at the University of Puerto Rico Health Policy Graduate School; Economic Development and Commerce Secretary José Pérez-Riera; Vicente Feliciano, local economist and president of Advantage Business Consulting, Inc.; and Gov. Fortuño, who will give the luncheon address.
Business reporter with 30 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.
“In an economic context where Puerto Rico is experiencing a clear slowdown and where key sectors like construction are struggling to find workers, cutting the [Earned Income Tax Credit (EITC)] will discourage participation in the formal economy and hinder our economic growth.
In an environment where federal funds are decreasing, adding local austerity through EITC cuts could not only cause our labor force participation rate to drop again, but also force local businesses to absorb much of the reduction if they want to maintain the current incentives for formal employment and prevent part of their workforce from returning to the informal sector.”
— Daniel Santamaría-Ots, co-executive director, Espacios Abiertos