WARNING, This will make you dizzy!!
When Anthem’s plan to acquire Cigna was being negotiated in early 2015, Connecticut’s Democratic Gov. Dannel Malloy appointed Katharine Wade as his state’s insurance commissioner: She was a longtime Cigna lobbyist whose father-in-law works at a law firm that lobbies for the company, whose mother and brother previously worked at Cigna, and whose husband still does. She was also a top official of the major lobbying group for the state’s health insurance industry. As commissioner, she appointed a top deputy who worked at Cigna and she had a former longtime Cigna employee serve as an agency counsel in the merger review. As Wade continues to oversee Connecticut’s review of Cigna’s merger, she recently secured a position chairing a healthcare policy committee for insurance commissioners across the country. Malloy’s decision to appoint Wade to such a powerful regulatory post on the eve of the merger was not made in a vacuum. It came after employees of Cigna, its lobbying firm Robinson & Cole and Anthem delivered more than $1.3 million to national and state political groups affiliated with Malloy, including the Democratic Governors Association (DGA), the Connecticut Democratic Party, Malloy’s own gubernatorial campaign and a political action committee supporting Connecticut Democrats.
Malloy is running the state as a criminal enterprise.
This is not a surprise since the guy is a criminal thug.
When I heard the state budget was $20B dollars I thought it was an error since the state only has $3.6M people.
That means the state is spending $6K per man, woman and child in the state. Since only $1.9M of those folks are employed that means the state is spending nearly $12K per year, a thousand dollars a month, per employed person in the state.
Great scam—the endgame will not be pretty but Malloy will have taken his ill-gotten kickbacks to a warmer climate before the state officially declares bankruptcy.