Well, ain’t that just a kick in the pants? After nearly spending 200-years in the great state of Connecticut, Aetna says they’re ditching us for the Big Apple. Because if they can make it there, they can make it anywhere. Right?
Well, it goes without saying that CT lost out big time because Aetna happens to be one of the state’s biggest tax payers and employers. WFSB reports that the company employs 6,000 people and is Hartford’s 4th largest taxpayer.
So, let that little fact-nugget sink in.
With Hartford perilously close to declaring bankruptcy, this sure puts another nail in its coffin.
Anyways, Aetna Chairman and CEO Mark T. Bertolini says company headquarters will start their move next year. As for why they’re going to the opposite of Boston (which snatched up General Electric,) Bertolini said on the company website:
“New York City is a knowledge economy hub, and a driver of the innovations that will play a significant part in our ongoing transformation. Many of the roles in our new office will be filled by innovators from the area’s deep talent pool, which will be an invaluable resource as we consider additional investments in the city going forward.”
Basically, NYC offers everything Hartford can’t. Or won’t.
Anyways, say goodbye to them $8 million in taxes, CT. I’m sure you won’t really miss them. Right?
Also, does Aetna’s departure mean Hartford’s no longer the insurance capital of the world? Discuss.