Health Insurance Carriers
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry underwrite health and medical insurance policies and administer group hospitalization plans, health maintenance organization (HMO), and preferred provider organization (PPO). Major companies include Aetna, Anthem Blue Cross and Blue Shield, Cigna, Humana, and UnitedHealthcare (all based in the US); as well as Aegon (the Netherlands); Allianz (Germany); and Bupa (UK).Worldwide, demand for private health insurance is rising. Because of COVID-19, private health insurance demand in developing countries such as India and China experienced a sudden demand growth. Global healthcare spending reached about $10 trillion in 2021, according to the World Health Organization (WHO).
The US health insurance carriers industry includes about 5,400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $860 billion.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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