r/fuckinsurance 11d ago

Patrick Geraghty: A $20M CEO Who Left Florida Blue in Shambles and BAILED.

19 Upvotes

Guidewell and Florida Blue CEO Patrick Geraghty

Patrick Geraghty reportedly made $20+ million a year while Florida Blue/GuideWell slid into negative growth. That doesn’t feel like leadership to me, it feels like getting rich while the ship sinks.

Under his watch, thousands of jobs were cut, with another 2,200 layoffs planned this year.

Severance used to be 1 month per year of service (capped at 12 months). Now it’s capped at 6 weeks total, and in my opinion, a slap in the face to anyone who gave decades of their life to the company.

And after all that? Geraghty walks away with his golden parachute and lands a shiny new board role at MedeAnalytics ; which, to me, looks like a move focused on profits and system-squeezing, not on patients or communities.

Now, I want to be absolutely clear: I do not condone violence, I don’t excuse it, and I don’t endorse it. But it’s impossible to ignore what happened at UnitedHealthcare when Luigi Mangione shot CEO Brian Thompson. That was a horrific, tragic act. Nobody should ever respond to corporate greed with violence.

But to me, it shows something bigger: when executives repeatedly put their own wealth above employees, communities, and patients, society itself starts to crack. People lose hope, trust collapses, and sometimes individuals lash out in extreme and unacceptable ways. That doesn’t excuse it, but it highlights just how toxic and damaging this kind of leadership feels.

In my opinion, Patrick Geraghty represents exactly what’s wrong with corporate healthcare:

Profits over people.

Executives over employees.

Short-term greed over long-term stability.

To me, he didn’t just fail Florida Blue he failed Jacksonville, the state of Florida, his employees, and the idea that healthcare should actually care. The optics are ugly, the decisions feel selfish, and it sure looks like he put himself first while everyone else paid the price.

IMHO Patrick J Geraghty president and CEO of Guidewell and Florida Blue is a greedy PoS and a shining example of what’s wrong with CEO pay and for profit healthcare.


r/fuckinsurance 12d ago

Demand Cameras in the Courtroom for Luigi

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185 Upvotes

r/fuckinsurance 11d ago

This captive manager says: give me 5 years, I’ll give you $100K back, here’s how

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2 Upvotes

r/fuckinsurance 12d ago

Spanish TikToker Shocked by U.S. Hospital Bill After Bone Injury - CubaHeadlines

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17 Upvotes

r/fuckinsurance 12d ago

@Uebey LUIGI: Mangione's defense team lambasts prosecutors for their response to the Aetna drama. They reiterate the need for an evidentiary hearing to "uncover the full scope of prosecution's conduct."

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15 Upvotes

r/fuckinsurance 12d ago

UnitedHealth shares log best day since 2020 after Buffett’s new stake is revealed

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1 Upvotes

r/fuckinsurance 13d ago

200 dollar bill for refusing an ambulance

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70 Upvotes

r/fuckinsurance 13d ago

Under Idaho Medicaid law, doctors warn kids' access to primary care is at risk - Yahoo

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13 Upvotes

r/fuckinsurance 14d ago

Infuriating that this is somehow legal

102 Upvotes

r/fuckinsurance 14d ago

Fed up with U.S. health care costs, these Americans moved abroad - The Washington Post

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12 Upvotes

r/fuckinsurance 14d ago

Good bill

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5 Upvotes

r/fuckinsurance 15d ago

I still can’t get over how many police officers and other officials (including the mayor) surrounded him. Never seen anything like it.

152 Upvotes

r/fuckinsurance 15d ago

Wellness Exam

6 Upvotes

Started a new job back in March, and I have to take a wellness exam before September to avoid the $500 surcharge on my 2026 health insurance.

Kicker- I had a wellness exam in November of last year, insurance only pays for one a year, same insurance-different company- different plan- nope they are not going to pay- so I will have to pay it’s $150 but damn I feel like I shouldn’t have to.


r/fuckinsurance 15d ago

Uncanny similarities

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25 Upvotes

r/fuckinsurance 17d ago

Twenty Seven Apologies

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12 Upvotes

r/fuckinsurance 17d ago

A visit to the ER costs her $100k

97 Upvotes

r/fuckinsurance 17d ago

Trump's Medicaid cuts will hurt every Arizonan, not just those who lose coverage - Health leaders warn of longer wait times, crowded ERs & higher premiums as 300k are poised to lose insurance - Medicaid provides insurance to 80 million Americans & 2 million in AZ - over 25% of the state's residents

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28 Upvotes

r/fuckinsurance 17d ago

LA Street Medics Advocate for Expanded Care in New Bill | KFI AM 640 | LA Local News

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6 Upvotes

r/fuckinsurance 18d ago

Fuck UHC

152 Upvotes

r/fuckinsurance 18d ago

Sarah has cancer but UHC refused her treatment. She says people are 'giving up'

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82 Upvotes

r/fuckinsurance 18d ago

Spotted in Seattle

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14 Upvotes

r/fuckinsurance 18d ago

Family Received $100k Bill Over ER Trip for Their Newborn Son's Burn Injury - There is a simple solution to this kind of problem. It's called national #SinglePayer health care, aka improved #MedicareForAll #FuckInsurance #BringTheBastardsDown

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36 Upvotes

r/fuckinsurance 18d ago

The other UHC!

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13 Upvotes

r/fuckinsurance 18d ago

The problem is the insurance co's that the politicians & mainstream media are bought & owned by. The American people must become far more aggressive #StandUpFightBack by insisting on a national #SinglePayer healthcare program like other nations aka improved #MedicareForAll. #FuckInsurance

20 Upvotes

r/fuckinsurance 18d ago

Play it again, Kotoku ... Deny, Defend, Depose: The Ballad of the Fallen CEO [cut-off version] ...

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6 Upvotes