Cigna Corp.

Former Jacksonville Jaguars safety Marlon McCree has been arrested in connection with a fraud scheme totaling nearly $78,000.

Stethoscope on a pile of dollars.
Flickr Creative Commons

Anthem reported a 4 percent increase in third-quarter profit and beat Wall Street forecasts as the number of people the health insurer covers edged slightly higher.

HealthCare.gov

Two weeks before the federal Health Insurance Marketplace opens for enrollment, a major national company is withdrawing its Florida plans from the exchange. 

Associated Press

Health insurer Cigna Corp. has rejected a $47 billion offer to be acquired by its larger rival, Anthem Inc., saying the terms of the bid are inadequate and “woefully skewed in favor of Anthem shareholders.”

Cigna’s sharply worded rejection came just one day after Anthem went public with its cash-and-stock offer, which amounts to about $184 for each Cigna share or about an 18 percent premium on Cigna’s closing stock price on Friday.