As per NAIC’s ( National Association of Insurance Commissioners) 2020 data, here is a list of the top 10 accident and health insurance companies.
- Direct Written Premiums : 36.3 billion
- Market Share: 3.3.%
Centene Corporation, a Fortune 500 company, provides healthcare services to government-sponsored health programs for uninsured and under-insured individuals.
The company operates in 50 states and three international markets and has more than 25 million members.
Centene is right now the largest provider of government-sponsored health plans.
Centene offers Medicaid, Medicare, and other managed care plans for low-income and at-risk individuals.
Centene also offers dental, telehealth services, vision and pharmacy benefit management services to its policyholders.
Centene Corporation is an excellent choice if you are searching for government-Sponsored health insurance or an affordable policy in the health insurance marketplace.
There is an excellent reputation for Centene on both their policy options as well as their focus on whole-person wellness, which is a key part of their healthcare programs.
Centene received 3.5 out of 5 stars in annual Best Health Insurance Companies review. They earned a consistent of 3.5 out of 5 stars in every category including claims, price, customer service and website & apps
2.Cigna Health
- Direct Written Premiums : $36.9 billion
- Market Share : 3.4%
Cigna is extraordinary compared to other known health insurance companies in the United States.
Cigna has more than 5000,000 physicians and more than 8,000 hospitals in network.
Cigna offers a variety of Medicare Advantage plans.
Cigna Corporation is a global health service organization with more than 165 million customer and patient relationships in over 30 countries and jurisdictions. Its insurance plans and products include healthcare insurance for individuals and families, dental insurance plans, Medicare plans, Medicare supplemental plans, other supplemental insurance, and international health insurance.
3.Wellcare
- Direct Written Premiums : $20.5 billion
- Market Share: 1.9%
WellCare received 3.57 stars out of 5 by Medicare’s rating system.
WellCare Health Plans, Inc. provides government-sponsored managed care services.
The Company offers plans for beneficiaries of temporary help, children’s health insurance programs, managed care health plans, and other related services.
WellCare Health Plans serves families, children, seniors, and individuals in the United States..
WellCare Health Plans, Inc. focuses on delivering government-sponsored managed care services to individuals, families, children, and seniors with complex clinical requirements primarily through Medicaid, Medicare Advantage and prescription drug plans, as well as individuals in the health care insurance marketplace.
WellCare serves about 6.4 million members across country as of Sept. 30, 2019.
4.Molina Healthcare
- Direct Written Premiums: $18.5 billion
- Market Share : 1.7%
Molina Healthcare, a Fortune 500 company, exclusively focuses on government-sponsored healthcare programs for qualified individuals and families. Molina Healthcare offers private health insurance to residents in California, Florida, Illions, Idaho, Mississippi, New Mexico, Michigan, Texas, New York, Washington, Puerto Rico, Utah, ohio, Wisconsin and South Carolina.
It insures more than 3.6 million members across the united states. Coverage options, plan choices, and benefits vary by state. many of its health plans come with low co-pays and cover essential medical care such as emergency services, prenatal, lab tests/x-rays , hospital care, vaccinations, doctor’s visits, , vision insurance and prescription drugs.
The company also offers a Medicare and has been selected in many states to join in dual demonstration projects to manage the care for those eligible for Medicaid and Medicare. Molina Healthcare wins Gold Stevie Award for New Molina Marketplace Website.
5.Anthem, Inc.
- Anthem Written Premiums : $67.2 billion
- Market Share: 6.1%
Anthem, Inc. is the largest for-benefit managed health care company within the Blue Cross Blue Shield Association of 36 different companies. Anthem, Inc. was formed in 2004 through the merger of Anthem, Inc. and, WellPoint Health Networks Inc, which has been around since the 1940s. In 2014, the company assumed the corporate name Anthem, Inc.
Anthem works through a variety of affiliated companies and currently serves more than 106 million people, including more than 42 million people within its family of health plan. One in eight Americans receives medical care coverage through Anthems’ affiliated plans.
The company operates as Anthem Blue Cross in California, when it has about 800,000 customers and is the largest health insurer in the state. Anthem Rating : Anthem got a 4 out of 5-star rating in our annual review of Best health insurance companies. they earned between 3.5 to 4 out of 5-star ratings in claims, price and customer service and 4 star ratings in website & apps.
Anthe customers if they recommended the company to others, 71% said yes and 80% said they planned to renew their plan.
1. Health Insurance for individuals and families
2. Medicare plans, Medicare advantage C and D plan
3.Medicare supplement plans.
4.Medicaid
5.Health Insurance plans offered via employers including life and disability
6.Vision
7.Dental
8.Supplemental
The groups affiliated health plans have created different HMOs, PPOs, network-based dental products, various hybrid and specialty products, and health plan services that combine the attributes consumers find attractive with effective cost control techniques.
individual members and employer groups can choose from basic and comprehensive plans to meet their particular necessities. A wide range of related specialty products and other services is also available, including flexible spending accounts and COBRA administration
6.HCSC(Health Care Service Corporation)
- Direct Written Premiums : $36.9 billion
- Market Share : 3.4%
Health Care Service Corporation (HCSC), a mutual legal reserve company, is the largest customer owned healthcare insurance company in the US.
The company serves more than 16 million members across five states – Illinois, Montana, , Oklahoma, New Mexico and Texas – and employs more than 23,000 people in more than 60 nearby local offices.
Healthy living programs are available including an online health assessment tool, smoking cessation support, weight-loss programs, maternity programs, fitness programs, and a 24/7 nurse hotline. Its secure member website offers every minute of every day(24/7) access to health plan data and online tools.
Mobile alerts are available to members through text or by email including claims information notification, exercise and fitness tips, prescription drug reminder, diabetes diet tips, and heart healthy diet management and care tips. HCSC insurance Service Company, Medecision, Availity, Prime Therapeutics, and Triwest Healthcare alliance.
7.CVS
- Direct Written Premiums : $55.4 billion
- Market Share : 5.0%
CVS Health is a healthcare innovation company with a reason to help individuals on their path to better health. Through its health services, plans, and community pharmacists, it pioneers a new approach to total health.
CVS has more than 9,800 retail locations, almost 1,100 walk-in medical clinics, a pharmacy benefits manager with about 93 million plan members, a diversified healthcare benefits company serving about 22.2 million medical members, a dedicated senior pharmacy care business serving more than 1,000,000(one million) patients each year, expanding specialty pharmacy services, and a standalone Medicare Part D prescription drug plan.
8.Humana
- Direct Written Premiums: $56 billion
- Market Share : 5.1%
Humana’s Health Insurance Company is aligned to helping members with accomplishing their best by giving personalized, simplified, whole-person healthcare experiences.
Recognizing that every person , family, and community’s medical services needs continue to evolve, Humana creates creative arrangements and resources to help people live the healthiest lives on their terms – when and where they need it.
9.Kiaser Permanente
- Direct Written Premiums: $93.2 billion
- Market Share:8.5%
Kiaser Permanente trusted name in health insurance. It offers medical care through its managed care organization and network of Kaiser Foundation hospitals and medical centers.
It has won various customer service awards from J.D. Power and Associates and has amazing financial strength ratings. Kaiser Permanente offers private health insurance to residents of California, Colorado, Georgia, Hawaii, Oregon, and Washington state, just as those living in Maryland, Virginia, Washington D.C. Its network includes more than 23,000 participating physicians.
If you live in one of Kaiser Permanente’s coverage areas, you have access to several plan options including bronze, silver, gold, and platinum plans. All Plan types except for gold and platinum offer the option to add a health savings account(HSA).
The health savings account(HSA) options through Kaiser Permanente are available for high-deductible plans.
The contributions are tax-free and can be utilized to help pay for qualifying expenses including prescriptions, primary/specialty care visits, doctor/hospitals visits, X-rays , lab tests, ambulance /emergency care services, physical/occupational therapy and vision/dental care.
Kaiser Permanente is ranked the number one overall health insurer on insurer.com. 49% of people they surveyed would definitely recommended it and additional 38% said they would probably recommend it. Also 90% of customers plan to renew their policies.
Kaiser Foundation Health Plan, Inc. operates as a non-profit healthcare organization. The organization offers allergy, audiology, dermatology, cardiology, oncology, laboratory, hospice, occupational therapy, nephrology, pain management, pediatric rehabilitation, and pharmacy services. The Company serves patients in the US.
10.United Healthcare(UHC)
- .Direct written Premiums: $156.9 billion
- Share : 14.2%
United Healthcare Group is largest health insurer in the U.S. It offers individual Insurance that meets the Affordable Care Act(ACA) requirements for essential care.
A genuine Standout feature for UHC members is the access to online care, including the ability to order prescriptions online, speak with a nurse through a hotline, and participate in online health programs.
Members can also go online 24/7 to find doctors and set up appointments , File claims, and even speak with a doctor through a Mobile device. It even has a Mobile app so you can utilize these resources on the go.
A diversified health and well-being company, UnitedHealth Group’s core capabilities are clinical expertise, advanced technology, and health information.
UnitedHealth Group serves consumers and clients in the US and more than130 different nations through two distinct platforms: UnitedHealthcare provides healthcare coverage and benefits services, while Optum provides information and technology enabled health services. The group invests more than $3.5 billion in innovation and technology and process approximately 1.1 trillion transactions every year.