Obamacare... Will Glitches Stand in the Way?
Obamacare opens to glitches across the country, but can the problems be overcome? Cook talks to the head of Florida's largest insurer about implementation in that critical state. Florida Blue Chairman & CEO Pat Geraghty says the rocky start is a not a surprise. "I'm not particularly surprised because the size of the list is enormous, and so we anticipated that the early weeks of this were going to be bumpy and that we'd get through that," Geraghty says. Florida Blue covers nearly 300,000 individuals in the state right now. Geraghty expects that number to grow to 375,000 in the first year of the health care law. (Source: Bloomberg)