It makes no sense to have a lot of exchanges in a single currency area, because they disperse liquidity and keep trading costs high.

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"We have negotiated a lot of these exchanges in the past, " the Sniper said.

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The start-up has been around the Asian Internet scene a lot longer than most of the companies now sprouting on the region's stock exchanges.

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Of course, there has been a lot of confusion among employers about implementing the coverage mandate and their responsibilities, just as there has been a lot of confusion among states about the rules and regulations associated with the health insurance exchanges.

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There is still a lot of work that needs to be done, such as making sure that the health care exchanges work and that funding for the program remains adequate.

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