Top Ten Health Insurance Companies in USA

Top Ten Health Insurance Companies in USA

In the USA, you'll find a range of private healthcare insurance providers. However, life/annuity and property/casualty insurers also compose this policy, often referred to as accident and health insurance, as outlined by the Insurance Information Institute.

In 2018, the accident and health insurance business's direct written premiums reached $1.1 trillion, up by 57.3percent from 2009. The biggest 10 insurers jointly wrote 51.8% of the total US market, according to the National Association of Insurance Commissioners (NAIC).

Based on NAIC's 2018 statistics, here are the top 10 accident and health insurance classes:

1. UnitedHealth:

Direct Written Premiums: $156.9 billion
Market Share: 14.2%
A diversified health and well-being company, UnitedHealth Group's core abilities are clinical expertise, advanced engineering, and data and health information.

UnitedHealth Group serves customers and customers in the usa and over 130 other nations through two different platforms: UnitedHealthcare provides healthcare policy and benefits providers, whilst Optum offers advice and technology-enabled health solutions. The team invests more than $3.5 billion in technology and innovation and procedures approximately 1.1 trillion trades annually.

2. Kaiser Foundation:

Direct Written Premiums: $93.2 billion
Market Share: 8.5%
Kaiser Foundation Health Plan, Inc. functions as a nonprofit healthcare organization. The organization offers allergy, audiology, cardiology, dermatology, oncology, hospice, lab, nephrology, occupational therapy, pain management, inpatient rehab, and pharmacy providers. The company serves patients in the usa.

3. Anthem, Inc.:

Direct Written Premiums: $67.2 billion
Market Share: 6.1%
Anthem, Inc. is a health benefits company that's dedicated to improving communities and lives and creating healthcare easier. Anthem, by its own affiliated companies, functions over 78 million individuals, for example more than 41 million in its own family of health programs. It plans to be the most advanced, precious, and inclusive spouse.

The group's affiliated health programs have created numerous HMOs, PPOs, network-based dental products, various hybrid vehicle and specialty products, and health care providers that combine the characteristics consumers find appealing with successful cost control methods. Individual members and employer groups may choose from basic and comprehensive strategies to satisfy their unique needs. A vast assortment of related specialty products and other solutions is also available, such as flexible spending accounts and COBRA administration.

4. Humana:

Direct Written Premiums: $56 billion
Market Share: 5.1%
Humana's cultural base is adapting to helping members reach their very best health by providing personalized, personalized, whole-person healthcare encounters. Recognizing that every person, family, and community healthcare needs are still evolve, so Humana produces advanced solutions and tools to help people live their healthiest lives in their own terms - when and where they want it.

5. CVS:

Direct Written Premiums: $55.4 billion
Market Share: 5.0%
CVS Health is a healthcare innovation company with a purpose to help people on their way to improved health. During its health solutions, programs, and neighborhood pharmacists, it elicits a fresh approach to overall health.

CVS has more than 9,800 retail locations, nearly 1,100 walk-in medical practices, a pharmacy benefits manager with about 93 million plan members, a diversified healthcare benefits company serving approximately 22.2 million health care staff, a committed senior pharmacy maintenance business serving over one million patients per year, expanding specialty pharmacy solutions, plus a standalone Medicare Part D prescription drug program.

6. HCSC:

Direct Written Premiums: $36.9 billion
Market Share: 3.4%
Health Care Service Corporation (HCSC), a mutual legal reserve company, is the biggest customer-owned healthcare insurance provider in the US. The company serves more than 16 million members around five states - Illinois, Montana, New Mexico, Oklahoma, and Texas - and employs more than 23,000 individuals in more than 60 local offices.

HCSC Provides a Vast Selection of Life Style and health insurance Providers and Associated services Through its Partners and subsidiaries, Including as Dearborn Team, Dental Network of the United States, HCSC Insurance Company, Medecision, Availity, Primary Therapeutics, and TriWest Healthcare Alliance.

7. Centene Corp:

Direct Written Premiums: $36.3 billion
Market Share: 3.3%
Centene Corporation, a Fortune 500 company, is a diversified, multi national healthcare corporation offering a variety of answers for government-sponsored healthcare aims, emphasizing non and uninsured men and women. It operates in 32 states and three international markets and contains more than 15 million managed care members.

Centene operates local health programs and gives a range of health insurance solutions. Also, it contracts with other healthcare and commercial associations to offer specialty services, which range from behavioral health, health benefits, life and health, and pharmacy benefits management to care administration applications, correctional healthcare services, in-home health solutions, managed eyesight , specialty pharmacy, and telehealth solutions.

8. Cigna Health:

Direct Written Premiums: $29.3 billion
Market Share: 2.7%
Cigna Corporation is a global health service firm with over 165 million customer and individual relationships in over 30 countries and jurisdictions. Its insurance programs and goods include healthcare insurance for both individuals and households, dental insurance plan, Medicare plans, Medicare supplemental plans, other supplemental insuranceplan, and global health insurance.

9. WellCare:

Direct Written Premiums: $20.5 billion
Market Share: 1.9%
WellCare Health Plans, Inc. concentrates on delivering government-sponsored managed care services to families, individuals, children, and seniors who have complicated medical needs mainly through Medicaid, Medicare Advantage and prescription drug plans, as well as people in the health insurance marketplace. WellCare serves about 6.4 million associates nationally at Sept. 30, 2019.

10. Molina Healthcare, Inc.:

Direct Written Premiums: $18.5 billion
Market Share: 1.7%
Molina Healthcare, a Fortune 500 firm, solely concentrates on government-sponsored healthcare plans for qualified individuals and households. The company contracts with state authorities and functions as a health plan supplying a wide assortment of quality healthcare services to individuals and families.

Molina Provides health Apps from California, Florida, Illinois, Michigan, New Mexico, New York, Ohio, South Carolina, Texas, Utah, Washington, Wisconsin, and Puerto Rico. The company also supplies a Medicare merchandise and was selected in many states to join dual demonstration projects to manage the care for those eligible for Medicaid and Medicare.

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