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 CIGNA International Threatens To Leave Again

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PostSubject: CIGNA International Threatens To Leave Again   CIGNA International Threatens To Leave Again EmptySat Jul 09, 2011 12:16 am

In what could be a major humilation to the administration of Gov. Jack Markell, CIGNA is threatening for the second time in a year to move its expatriate benefits unit out of the state.

Gov. Markell and DEDO director Alan Levin thought they had saved the more than 550 jobs last year by offering CIGNA a $2.4 million grant to stay. But now CIGNA has transmitted to all three members of Delaware's Congressional delegation that they are willing to leave again. The reason this time?

Obama Care...

CIGNA is looking to gain a specific waiver from the law's medical-loss ration provisions, claiming it makes it prohibitively expensive to do business here. With Obama having already dished out more than 1,000 waivers to various friendly interests, such as labor unions, Democratic dominated state and local governments and others, CIGNA is now using the waivers as a tool of extortion, threatening to take jobs out of the country and using Obama Care as an excuse.

Couldn't be too long before that happened. As for the $2.4 million in DEDO grants CIGNA took, the company says it will be more than happy to return the money if it leaves Delaware...and America. DEDO director Alan Levin said "We don't want the money, we want the jobs."

Seems as though Obama Care has seen to that.
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