Top 10 Healthcare Insurance Firms in the United States

Credits: Canva

By: Aquib Nawab

Finance

Kaiser Permanente, headquartered in San Francisco, California, is one of the largest non-profit healthcare organizations in the country. With 12.7 million members, Kaiser offers health plans in multiple states, focusing on comprehensive coverage and low premiums. (DWP: $89.2 billion, Market share: 6.2%)

1 - Kaiser Permanente

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Elevance Health, formerly known as Anthem, is headquartered in Indianapolis, Indiana. With a network of 1.7 million doctors and medical facilities, the company serves over 47.5 million members, offering various health insurance plans through Anthem Blue Cross Blue Shield and Wellpoint brands. (DWP: $103.4 billion, Market share: 7.2%)

2 - Elevance Health (formerly Anthem)

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3 - Humana

Humana, based in Louisville, Kentucky, is among the largest managed care companies in the US, serving over 17 million members nationwide. The company offers a variety of healthcare options, including Medicare, Medicaid, dental, and vision plans. (DWP: $87.0 billion, Market share: 6.0%)

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HCSC, headquartered in Chicago, Illinois, operates as a mutual legal reserve firm and is the largest customer-owned health insurance company in the US. With subsidiaries like Blue Cross Blue Shield, HCSC offers life and health insurance policies across multiple states. (DWP: $51.0 billion, Market share: 3.5%)

4 - HCSC

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UnitedHealth Group, headquartered in Minnetonka, Minnesota, boasts a strong network of over 1.5 million medical and healthcare specialists and 6,200 hospitals. The company's membership exceeds 49 million, offering a range of healthcare services through UnitedHealthcare and other subsidiaries. (DWP: $221.4 billion, Market share: 15.4%)

5 - UnitedHealth Group

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6 - CVS Health

CVS Health, headquartered in Woonsocket, Rhode Island, serves more than 23 million members across all 50 states. With retail locations and walk-in clinics, CVS Health provides pharmacy benefits management and Medicare Part D prescription drug plans. (DWP: $83.9 billion, Market share: 5.8%)

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GuideWell, based in Jacksonville, Florida, operates as a non-profit mutual holding company, serving around 27 million members in 35 states. Through subsidiaries like Florida Blue and Florida Health Care Plans, GuideWell offers a wide range of healthcare coverage and services. (DWP: $26.5 billion, Market share: 1.8%)

7 - GuideWell

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Centene, headquartered in St. Louis, Missouri, provides services to government-funded healthcare programs, including Medicare and Medicaid. The company is the largest Medicaid managed care provider in the US, with over 28 million members nationwide. (DWP: $96.4 billion, Market share: 6.7%)

8 - Centene

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9 - Cigna

Cigna, based in Bloomfield, Connecticut, is a global health insurer serving around 19.5 million members in the US. Offering health and dental plans, including Medicare options, Cigna focuses on improving health and well-being at every stage of life. (DWP: $34.0 billion, Market share: 2.4%)

Credits: Canva

Molina Healthcare, headquartered in Long Beach, California, specializes in government-sponsored programs and serves about 5.1 million members in 18 states. The company partners with state governments to provide healthcare services to eligible individuals and families. (DWP: $28.8 billion, Market share: 2.0%)

10 - Molina Healthcare

Credits: Unsplash

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