Tuesday, February 21, 2012

The Insurance Capital‏

http://www.theday.com/article/20120221/NWS12/302219943/-1/NWS

Cigna announced in July that it will add at least 200 jobs in the next two years at its Bloomfield site in exchange for a $50 million package of tax credits offered in legislation pushed by Malloy.

That is $250,000 per job….. How is that a good deal for the state? So if the State pays an obscene amount of money to Cigna then Cigna will create some jobs. Is that really how it is suppose to work.

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