UnitedHealthcare, part of the UnitedHealth Group, is the largest health insurance company by total number of members. UnitedHealthcare offers a variety of products, from individual health insurance to comprehensive employer benefit plans for some of the largest corporations. You may be using an unsupported or outdated browser. For the best possible experience, use the latest version of Chrome, Firefox, Safari or Microsoft Edge to view this website.
Dozens of companies sell health insurance in the U.S. UU. While some of these large health insurance companies are well-known, others may seem unknown to the average consumer. This is the list of the 50 largest health insurance companies in the U.S.
Featured Health Insurance Partners offers plans in all 50 states and in Washington, DC. On the Healthcare Marketplace website, the company specializes in a model of care that encourages teams of experts to collaborate across departments and specialties, such as cancer care, cardiac care, maternity and pediatrics. The company states that this helps accelerate the diagnosis, treatment and recovery process. Elegance Health, formerly known as Anthem, introduces the Anthem and Wellpoint brands, which include several Blue Cross Blue Shield plans.
It is the largest customer-owned health insurer in the U.S. And it serves members in five states. Operate Blue Cross Blue Shield plans in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC branches and subsidiaries offer other types of coverage, including group life, disability, and dental insurance.
UnitedHealth Group, the parent company of UnitedHealthcare, provides Affordable Care Act (ACA) market coverage to individuals and families in 18 states. UnitedHealthcare has partnerships with more than 1.3 million medical providers and 6,500 hospitals and other types of care facilities in the U.S. These are the most important health insurance companies, individual health insurance companies and plans in the ACA market. Group health insurance is how most people get health insurance before reaching Medicare age.
These are the largest health insurance companies in the group health insurance market. It has the highest number of individual health insured persons in the United States. With a 13.26% market share. Centene says that nearly one in 15 people in the U.S.
Kaiser Permanente is the largest group health insurance company in the U.S. It has 14.85% of the group health insurance market, well ahead of No. Kaiser Permanente is also the largest health insurer overall, accounting for 12.81% of the total health insurance market. The Kaiser Permanente provider network includes 23,656 doctors, 65,005 nurses, 734 doctors' offices and 39 hospitals.
Choosing a great health insurance company has its perks. Large insurers can have large networks of healthcare providers and hospitals, increasing their variety of options. As with any type of insurance product, the right choice is the one that best suits your individual wants and needs. Get Forbes Advisor ratings on the best insurance companies and useful information on how to find the best travel, auto, home, health, life, pet and small business coverage for your needs.
Chris Kissell is a writer and editor whose work has appeared in Forbes, USA. News & World Report, MSN Money, Fox Business, Forbes, Yahoo Finance, Bankrate, Money Talks News and more. He mainly writes about personal finance, insurance, and health topics. It has more than 900 health insurance companies that offer medical coverage, but the industry is dominated by five companies that own 44 percent of the market.
These are the largest health insurance companies by state for individual and group health insurance members. However, the size of a health insurer should not be the only criterion to consider when choosing health insurance. Hospital revenue sources are divided into a combination of payers from private insurance companies and government insurance programs, such as Medicare and Medicaid. Only the top three insurers exceeded ten percent of the market share, showing that there are few health insurers nationwide, according to the AMA.
AMA was careful to point out that data on domestic insurers' market shares do not reflect consumer experience in the health insurance industry. .