HealthExec February 5, 2020
Private health insurance specialists are a critical part of healthcare coverage in the United States, but other major players influence the market as well.
Life/annuity and property/casualty insurers also write health insurance premiums, with the top 10 largest insurers collectively writing 51.8% of all premiums in the U.S. market in 2018. That’s according to the National Association of Insurance Commissioners (NAIC). Since 2009, the industry’s direct written premiums have risen 57.3%, up to $1.1 trillion in 2018.
Here are the 10 biggest health insurance and accident groups in the U.S., according to Insurance Business America:
- UnitedHealth. With 14.2% market share and direct written premiums of $156.9 billion in 2018, UnitedHealth is the biggest in the industry. It also owns...