Blue Cross and Blue Shield of Minnesota | 1800 Yankee Doodle Road | Eagan, MN 55121 | Phone: 651-662-1000 | Fax: 651-662-7767 | Patrick_Geraghty@bluecrossmn.com
As president and CEO of Blue Cross and Blue Shield of Minnesota, Patrick Geraghty is responsible for the strategy and operations of the state’s largest health plan, providing health coverage to about 2.8 million members—including individuals, members of employee groups of all sizes, and state and federal employees in every Minnesota county. He is a frequent speaker on a range of health care topics with a strong interest in public policy issues in health care and in reducing inefficiency in health care delivery. Blue Cross is a not-for-profit, taxable organization; its affiliates had total premium and premium equivalents in 2007 of nearly $8.4 billion.
Born: April 5, 1959, in Brooklyn, New York
Spouse: Heather; married December 3, 1988
Children: Sean , Briege, and Kiera
Education: Directors program, Wharton School, University of Pennsylvania; continuing education, Harvard University School of Public Health; selected to attend Colgate’s Israel Study Group, Haifa, Israel, January-May 1980; bachelor of arts, Colgate University, memorial scholar, 1977-1981
Career history: President and CEO, Blue Cross and Blue Shield of Minnesota, October 2008–present; senior vice president, service division, Horizon Blue Cross Blue Shield of New Jersey, September 1999–July 2008; president, southeast division, Prudential Insurance Company, September 1997–September 1999; vice president, health plan operations, Prudential, April 1997–September 1997; president, Prudential health care pharmacy services, February 1996–April 1997; vice president of operations, Prudential health care headquarters, July 1995–February 1996; vice president operations, Prudential health care plan of the mid-Atlantic, December 1993–July 1995
Outside activities: Minnesota Business Partnership; co-chair, 2010 Heart Walk, Twin Cities; emerging issues committee, National Blue Cross and Blue Shield Association; advisory panel member, Deloitte Center for HealthCare Solutions
Awards received: War memorial scholarship, attended Colgate University on a four-year academic scholarship; selected to the Leadership Baltimore; recognized as the top health plan customer experience in the BCBSA/Synovate Survey of Member Experience, 2004; technology management forum award for the best innovation in customer service, 2003; significant contribution to Horizon’s recognition as "Best of the Blues" and plan excellence awards
Key achievements: As senior vice president, service division, Horizon Blue Cross Blue Shield of New Jersey: Horizon grew reserves from less than $500 million to over $1.5 billion; as president, southeast division, Prudential Insurance Company: dramatically improved the run rates of the health plans in the Southeast region with an improvement in bottom line results of $200 million
