There are many private health insurance professionals in the United States. However, life / annuity and property / non-life insurers also create this coverage.
According to the National Insurance Commission, direct premiums for the accident and health insurance industry reached $ 1.25 trillion in 2020, an increase of almost 84% from $ 680 billion in 2011. NAIC).
According to NAIC’s 2020 data, these are the top 10 accident and health insurance groups.
Directly written premium: $ 176.7 billion
Market share: 14.1%
The core functions of UnitedHealth Group, a diverse health and wellness company, are clinical expertise, advanced technology, and health data and information.
UnitedHealth Group serves clients and consumers in the United States and more than 130 countries through two different platforms. UnitedHealthcare provides medical insurance and benefits services, and Optum provides technology-based medical services. And information.
2. Kaiser Foundation
Directly written premium: $ 104.2 billion
Market share: 8.3%
Kaiser Foundation Health Plan, Inc. Operates as a non-profit healthcare organization. The organization offers allergies, auditory sciences, cardiology, dermatology, oncology, hospice, laboratories, kidney disease, occupational therapy, pain management, pediatric rehabilitation, and pharmacy services.
3. Anthem, Inc.
Directly written premium: $ 76.9 billion
Market share: 6.2%
Group-related health insurance is a health insurance service that combines a variety of HMOs, PPOs, network-based dental products, a variety of hybrid and specialty products, and attributes that consumers find attractive and effective cost management technologies. is created. .. Individual members and employer groups can choose a basic and comprehensive plan to meet their specific needs. A variety of related specialty products and other services are also available, including flexible spending accounts and COBRA management.
4. Centene Corp
Handwritten premium: $ 75 billion
Market share: 6%
Centene manages local health plans and offers a variety of health insurance solutions. In addition, contract with other healthcare and business organizations to move from behavioral health, dental benefits, life and health, and pharmacy benefit management to care management software, orthodontic services, services home care, managed vision, and specialty pharmacies. We provide professional services up to the point. Telemedicine service.
Directly written premium: $ 37.9 billion
Market share: 5.9%
Humana recognizes the ever-evolving medical needs of everyone, families and communities, and is an innovation that helps people live healthier lives in their own conditions, when and where they need it. Create solutions and resources.
Handwritten premium: $ 69 billion
Market share: 5.5%
We are pioneering a new approach to total health through community health services, planning and pharmacists.
CVS includes more than 9,900 retail stores, approximately 1,100 walk-in medical clinics, pharmacy benefit managers with approximately 100 million plan members, diverse medical benefit companies serving approximately 23.4 million medical members, and senior citizens. There are companies that specialize in pharmaceutical care for the elderly. Serving more than 1 million patients annually, we are expanding our specialty pharmacy services and personalized Medicare Part D prescription drug plans.
Directly written premium: $ 42 billion
Market share: 3.4%
Health Care Service Corporation (HCSC), a mutual statutory preparatory company, is a US customer-owned health insurance company. The company serves more than 16 million members in five states: Illinois, Montana, New Mexico, Oklahoma, and Texas.
8. Cigna Health
Direct written premiums: $31.8 billion
Market share: 2.5%
Cigna Corporation is a global health service organization with more than 165 million customer and patient relationships in more than 30 countries and jurisdictions. Its insurance plans and products include personal and family medical insurance, dental insurance plans, Medicare plans, Medicare supplementary plans, other supplementary insurance and international health insurance.
9. Molina Healthcare Company
Direct written premiums: US$21.4 billion
Market share: 1.7%
The company also provides medical insurance products and has been selected in many states to join dual demonstration projects to manage the care of people eligible for Medicaid and Medicare.
10. Independent Health Group
Direct written premium: US$20.1 billion
Market share: 1.6%
The services provided by insurance companies include business, medical insurance and Medicaid insurance, pharmacy welfare management, workers’ compensation and third-party welfare management. The company is an independent licensor of the Blue Cross and Blue Shield Association.
(Updated on August 23, 2021)