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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.

Within the past 10 days Anthem has made two takeover bids for Cigna, and Cigna has rejected both of them, according to The Wall Street Journal.

Insurance giant Assurant has announced it will exit the health insurance market by the end of 2016, and it will "begin to wind down its major medical operations" immediately.

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Blue Cross and Blue Shield is the oldest and largest payer group in the U.S., consisting of 36 independent, locally operated franchises that collectively make up the Blue Cross Blue Shield Association.

Shares of Humana rose 2.4 percent Monday after the Louisville, Ky.-based health insurer announced it was entering into a so-called "quiet period," according to The Wall Street Journal.

The largest nonprofit health insurer in the country, Chicago-based Health Care Service Corp., which is the Blue Cross & Blue Shield insurer for Illinois, Montana, New Mexico, Oklahoma and Texas, reported a $281.9 million loss in 2014, compared with a…

Humana was incorporated in the 1960s as a healthcare company, and the business has grown to offer several insurance products and health and wellness services. Louisville, Ky.-based Humana is now among the major national commercial payers.

Crystal Run Healthcare, a multi-specialty group medical practice based in Middletown, N.Y., announced Tuesday it will now offer health insurance coverage for residents or employees of Orange and Sullivan counties in New York.

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