Health Insurance Companies Usa

In 1752 benjamin franklin founded the first american insurance company as philadelphia contributionship in 1820 there were 17 stock life insurance companies in the state of new york many of which would subsequently fail.

Health insurance companies usa. 156 9 billion market share. This is a list of insurance companies based in the united states these are companies with a strong national or regional presence having insurance as their primary business. It has an a excellent financial strength rating from a m.

Based on naic s 2018 data here are the top 10 accident and health insurance groups. As of 2018 there were 5 965 health insurance companies in the united states although the top 10 account for about 53 of revenue and the top 100 account for 95 of revenue. In the united states there are currently more than 900 health insurance companies that offer medical coverage.

In the united states health insurance provides medical expense which is also called health coverage health care coverage and health benefits. Health insurers in the usa and collected approximately 713 billion in premiums. Referrals for out of network care may or may not be required depending on your plan.

Here are the ten biggest by market value. Anthem unitedhealthcare humana health care service corporation hcsc and cvs health corp who control more than 38 of the market. One of the best health insurance companies in the usa aetna was founded in 1853 and is located in hartford.

However the health insurance industry is dominated by five companies. Below are the top 25 health insurance companies in the united states. Employer sponsored health insurance is paid for by businesses on behalf of their employees as part of an employee benefit package.

Get information on health insurance including medicaid medicare and find help paying for medical bills. Official government information on getting common types of health insurance. Learn about medicaid low cost or free healthcare for people with low incomes.