{"id":181159,"date":"2016-09-16T18:35:00","date_gmt":"2016-09-16T23:35:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/09\/16\/doing-the-right-only-requires-months-of-public-shaming\/"},"modified":"2016-09-16T18:35:00","modified_gmt":"2016-09-16T23:35:00","slug":"doing-the-right-only-requires-months-of-public-shaming","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/09\/16\/doing-the-right-only-requires-months-of-public-shaming\/","title":{"rendered":"Doing the Right Only Requires Months of Public Shaming"},"content":{"rendered":"
For months, it has been known that Katherine Wade, former in-house lobbyist for CIGNA and now Insurance Commissioner for Connecticut, has had major conflicts of interests in the states review of the merger between Cigna and Anthem. (Her husband is a lawyer for Cigna as well)<\/div>\n

She has finally agreed to recuse herself from reviewing the merger<\/a>:<\/p>\n

Connecticut Gov. Dannel Malloy\u2019s top insurance regulator, Katharine Wade, agreed to recuse herself from her state\u2019s review of a massive healthcare merger between Anthem and Cigna, amid mounting criticism of her ties to Cigna. Wade had been leading a multistate review of the deal, which critics say could raise insurance premiums for 53 million Americans across the country. The recusal announcement came from Wade’s attorney during a meeting of the Office of State Ethics, which has been investigating the situation.<\/p>\n

The merger between Anthem and Cigna appeared to be moving forward for months, but was thrown into turmoil after a months-long International Business Times investigative series<\/a> into Wade and Malloy\u2019s ties to Cigna. That series prompted a state ethics probe — and soon after the Department of Justice sued to block the merger.<\/p>\n

\u2026\u2026\u2026<\/p>\n

As IBT\u2019s series documented, Cigna and Anthem pumped campaign cash into the Democratic Governors Association \u2014 which is run by Malloy \u2014 at the very time they were pursuing their merger. While the cash flowed into the group, Malloy appointed Wade to head his state\u2019s insurance department. She had served as an in-house lobbyist for Cigna, is married to a Cigna attorney and is the daughter-in-law of another attorney listed as representing the company. Malloy\u2019s administration also promised to help Cigna if it pursued the merger.<\/span><\/p><\/blockquote>\n

Even by the standards of Connecticut politics, (The state is pretty much a wholly owned subsidiary of the insurance industry) this was pretty brazen.<\/p>\n","protected":false},"excerpt":{"rendered":"

For months, it has been known that Katherine Wade, former in-house lobbyist for CIGNA and now Insurance Commissioner for Connecticut, has had major conflicts of interests in the states review of the merger between Cigna and Anthem. (Her husband is a lawyer for Cigna as well) She has finally agreed to recuse herself from reviewing …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[761,777,882,814],"class_list":["post-181159","post","type-post","status-publish","format-standard","hentry","tag-corruption","tag-finance","tag-insurance","tag-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181159"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=181159"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=181159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=181159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=181159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}