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Indianapolis-based Anthem Blue Cross Blue Shield and Owensboro (Ky.) Health are in negotiations to expand in-network care in western Kentucky and southern Indiana, reports Messenger-Inquirer.

The Alaska Division of Insurance is looking for federal funding to underwrite its reinsurance program that the division said will save the federal government $51.6 million, Alaska Dispatch News reports.

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Hartford, Conn.-based Aetna said it reduced member costs by $32 million since implementing value-based products and services in 2011.

Blue Cross Blue Shield Association could make Anthem pay a $3 billion noncompliance fee if Anthem acquires Cigna but fails to bring in the majority of the resulting insurer's revenue through Blue-branded plans, Bloomberg reports.

In the fourth week of open enrollment, CMS officials said HealthCare.gov witnessed 97,000 more plan selections this year than at this point last year.

Anthem officials testified for the company's $54 billion acquisition of Cigna Tuesday, arguing the resulting entity would be innovative and not compromise health insurance marketplace competition, according to The Wall Street Journal.

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