Fairfield County Business Journal 080816

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2 | A NEW LOOK AT HILLARY CLINTON August 8, 2016 | VOL. 52, No. 32

3 | MEDICAL FACILITY FOR WILTON

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

westfaironline.com

Access Health CT facing challenges BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

I

t hasn’t been a particularly good year so far for Access Health CT (AHCT), the state’s health insurance exchange. In April, United Healthcare — the insurance wing of UnitedHealth Group, the largest writer of coverage in the U.S. — said it plans to withdraw from almost all Affordable Care Act state exchanges, including AHCT, by 2017. In July, nonprofit co-op health insurance com-

A TASTE FOR HONEY ▶ SEE PAGE 4

Carla Marina Marchese of Red Bee Honey. Courtesy Red Bee LLC © 2016.

pany HealthyCT was suspended by the Connecticut Insurance Department (CID) from writing any new business, citing its “hazardous financial standing.” Those moves have halved the exchange’s carriers, and AHCT CEO Jim Wadleigh said he’s in talks with the remaining Anthem and ConnectiCare to maintain their financial viability in the state. “Yes, there is concern,” Wadleigh said. “It’s always a concern when the overall landscape of your marketplace is getting smaller.” » HEALTH CARE, page 6

Returning economic developer hopeful about Bridgeport’s prospects BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

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ith approximately 40 construction, remediation and/or revitalization projects either starting or already under-

way, Bridgeport’s new director of the city’s Office of Planning and Economic Development (OPED) clearly has his work cut out for him. Fortunately, Thomas F. Gill — who began in that post July 18 — is something of a reclamation

himself, having previously served as the city’s OPED director from 1976 to 1982. “The scope is obviously broader,” Gill said. “There are more departments now under the office of planning and economic development. But the goal is the same — bringing to fruition more projects, creating and retaining jobs, increasing the tax base and lessening the tax burden on Bridgeport residents.” After leaving the OPED in the early ‘80s, Gill helped found the Fairfield First Bank & Trust Company and served as presi-

dent, CEO and a member of the board of directors. In 1994, he was one of the three founding principals of Bridgeport-based Black Rock Capital LLC, the full-service commercial equipment finance company serving small- to middle-market companies in the U.S. and Canada. “When this opportunity became available, I saw it as something I could add my years of experience to,” Gill said, “not only in terms of business but from previously working in the city environment. I’ve worked with regulators and state and federal agencies

and having lived in Bridgeport my whole life, I have a passion to see Bridgeport continue to grow.” One of the city’s top priorities is Steelpointe Harbor, the $750 million, 54-acre mixed-use project overlooking Bridgeport Harbor and Long Island Sound. The project’s first phase, which opened last fall, includes a 150,000-square-foot Bass Pro Shop, as well as a Starbucks, Chipotle and T-Mobile. Last month, the city sold the remaining two pieces of land at Steelpointe Harbor » BRIDGEPORT, page 6


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