At Overseas company circumstances a week ago, investigative reporter David Sirota analyzed the proposed merger of Cigna and Anthem Blue Cross Blue Shield, a deal that will produce the health insurance company that is biggest in the united states. Cigna is dependent in Connecticut and Katharine Wade, the stateвЂ™s insurance commissioner, appointed by Governor Malloy, is just A cigna that is former lobbyist deep family members ties into the business.
вЂњMalloyвЂ™s choice to appoint Wade to such a robust post that is regulatory the eve regarding the merger had not been built in vacuum pressure,вЂќ Sirota reported. вЂњIt came after workers of Cigna, its lobbying firm Robinson & Cole and Anthem delivered significantly more than $1.3 million to nationwide and state political groups associated with Malloy, like the Democratic Governors Association (DGA), the Connecticut Democratic Party, MalloyвЂ™s very own campaign that is gubernatorial a governmental action committee supporting Connecticut Democrats [our italics].
Since MalloyвЂ™s first successful run for governor when you look at the 2010 election period, donors through the insurance firms while the lobbying company have actually provided significantly more than $2 million to Malloy-linked teams, based on the numbers published by PoliticalMoneyLine additionally the nationwide Institute on Money In State Politics. Nearly half that cash has come in since 2015, the 12 months the merger ended up being announced.
Sirota now states that since their investigation first ended up being published, their state has вЂњformally rejected available documents requests for information regarding Cigna and Anthem to their meetings, and declared that вЂanyвЂ™ papers in regards to the medical insurance organizationsвЂ™ proposed merger which havenвЂ™t recently been made general public are going to be kept key.вЂќ Their FOIA request had been refused вЂњone after Anthem asked for [state insurance coverage commissioner] Wade approve a typical 26 percent upsurge in medical insurance premiums for individual plans. Continue Reading