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Cigna threatens 500 Delaware layoffs

Posted: July 12th, 2011 | Author: | Filed under: By Location, UK | Tags: , | No Comments »

Health insurance giant Cigna Corp. is using the threat of 500 Delaware layoffs to press a demand that federal policymakers exempt their Claymont-based international insurance business from new rules in last year’s federal health care law.

The demand from Cigna, a $21.3 billion Philadelphia-based company, comes just months after Gov. Jack Markell’s administration awarded the company $2.4 million in grants to keep those employees in Delaware — and add to the staff here.

From: Delmarvanow


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