back to list

Leonard Abramson

US Healthcare

1975 - 1996

Healthcare

1970 b. 1932
male
EducationOneDegree
UndergraduatePhiladelphia College of Pharmacy
Personal
Born-Died1932
BirthplacePennsylvania (PA)
RaceWhite
FatherOwner, Small Business
Era - 1970

Abramson accurately predicted the need for prepaid medical plans to manage spiraling medical spending in the 60ís and 70ís and founded U. S. Healthcare to capitalize on this opportunity. Abramson built a fast-growing and extremely profitable business culminating in an $8.3 billion sale to Aetna (turning over a company with over $1 billion in cash and zero debt).