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Payer

Here are 125 things to know about Blue Cross Blue Shield, UnitedHealthcare, Aetna, Cigna and Humana — five leading health insurers in the U.S.

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Aetna's roots go back to the 1850s, when Aetna Insurance Company organized an annuity fund to sell life insurance. Since then, Hartford, Conn.-based Aetna has become one of the nation's largest insurance companies, providing insurance to roughly 46 million people.

Activity is bubbling in the healthcare payer market, as rumors of acquisitions are surfacing. One of those payers, among the big five key companies, is UnitedHealthcare.

Bloomfield, Conn.-based Cigna was formed through the combination of INA Corporation and Connecticut General Corporation in 1982. The company has since evolved into one of the "big five" health insurers in the U.S.

Shares of health insurer Cigna jumped nearly 12 percent Monday after it was reported that Anthem had made two takeover bids for Cigna within the past two weeks, according to a Hartford Courant report.

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