Health firm's growth impacts Detroit area
DETROIT (AP) - Changes in federal and state health care laws have created huge growth for Michigan's largest Medicaid HMO.
The Detroit News reports that growth at Meridian Health Plan is also benefiting Detroit and Grosse Pointe Park because of developments financed by the family that runs Meridian.
Jon Cotton is chief operating officer of Meridian Health Plan. It was founded as Health Plan of Michigan in 1997 by his parents, David and Shery Cotton.
He says the changes in health care are creating opportunities that won't be seen for another century.
Because of that, the Grosse Pointe family is investing in the community. New in Grosse Pointe Park is an upscale restaurant and a brew pub-biergarten. A bakery will follow. Detroit is getting a $111 million, 16-story office tower.