Health Insurance Carriers

First Research, Inc.
September 29, 2014
10 Pages - SKU: FRRS5335369
Countries covered: United States

Health Insurance Carriers

Brief Excerpt from Industry Overview Chapter:

Companies in this industry underwrite health and medical insurance policies and administer group hospitalization plans, HMOs, and PPOs. Major companies include Aetna, Humana, UnitedHealth Group, and WellPoint (all based in the US), as well as AEGON (the Netherlands), Allianz (Germany), and BUPA (UK).

Worldwide, demand for private health insurance is rising, especially in developing countries such as India and China, but also in countries with comprehensive government-provided health care. Private health insurance expenditures exceed $1 trillion annually, according to Swiss Re.

The US health insurance industry includes about 4,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of more than $500 billion.

COMPETITIVE LANDSCAPE

Demand for health insurance products is driven by cost of medical care. The profitability of individual companies depends on efficient operations and the ability to enter favorable contracts with health care providers. Large companies and organizations have advantages in negotiating contracts with providers. Small companies can compete successfully by specializing in types of coverage or populations. The US industry is concentrated: the 50 largest companies generate about 75 percent of revenue.

The Affordable Care Act (ACA) has altered the competitive landscape for health insurance companies. The ACA calls for health care coverage to be available for all Americans beginning in 2014; the law also eliminates some common exclusions, such as pre-existing conditions. Managed care companies compete for customers in new government-run health exchanges, where small companies and individuals can buy health care...



More Health reports by First Research, Inc.

Health Care Sector by First Research, Inc.
Health Care SectorBrief Excerpt from Industry Overview Chapter:Companies in this industry provide a wide range of health care and social services through hospitals, doctors' offices, ...
Health Supplement Stores by First Research, Inc.
Health Supplement StoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell vitamins, minerals, and dietary supplements from physical retail locations. Major companies include GNC ...
See all reports like this >>

More United States Health reports

Health Care Sector by First Research, Inc.
Health Care SectorBrief Excerpt from Industry Overview Chapter:Companies in this industry provide a wide range of health care and social services through hospitals, doctors' offices, ...
Business Strategy: Getting to Goal — The Role of Cost Accounting in U.S. Health Systems' Transformation by IDC
Business Strategy: Getting to Goal — The Role of Cost Accounting in U.S. Health Systems' TransformationThis IDC Health Insights report discusses the growing importance of ...
U.S. Health & Medical Insurance Carriers Industry-Industry & Market Report - 2015 by Barnes Reports
The 2015 U.S. Health & Medical Insurance Carriers Industry-Industry & Market report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and ...
Health Insurance Affordable Care Act (ACA) Consumer Profile and Preferences by MPO Research Group
Health Insurance Affordable Care Act (ACA) Consumer Profile and Preferences What percentage of US health insurance consumers claim to have been affected positively or ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!