NEWS- One of the key health aspects in the United States in life insurance. Every individual is entitled to either be attached to public or individual insurance plan.
This is basically to relieve the government and the individuals themselves from the burden of emergency expenditure in case of serious illness and outbreaks.
With this plan, there has been an emergence of a number of Health Insurance companies some being individual while others are public. The Forbes advisor, one of the great reporters on health has come out to list a number of big insurance companies that people in the US and these are:
Kaiser Permanente is the largest health insurance company in the U.S., followed by two Blue Cross Blue Shield companies (Elevance Health and HCSC), according to S&P Global Market Intelligence.
While some of these large health insurance companies are household names, others might seem obscure to the average consumer. Here is the list of the 50 largest health insurance companies in the U.S., and a deeper look at each of the top five.
Kaiser Permanente
Kaiser Permanente serves members in eight states and the District of Columbia. It offers the following types of plans:
Individual health insurance
Employer-sponsored health insurance
Medicare Advantage
Medicaid, including Medi-Cal
Kaiser Permanente is an integrated health system that includes both health care providers and insurance coverage.
The company specializes in a care model that encourages teams of experts to collaborate across departments and specialties, such as cancer care, cardiac care, maternity and pediatrics. The company says this helps speed the process of diagnosis, treatment and recovery.
Elevance Health (Anthem)
Elevance Health—formerly known as Anthem—features the brands of Anthem and Wellpoint, which includes multiple Blue Cross Blue Shield plans.
Elevance offers the following types of plans:
Individual health insurance
Employer-sponsored health insurance
Medicare Advantage
Medicaid
Supplemental insurance
HCSC
Health Care Service Corp. is the largest customer-owned health insurer in the U.S. and serves members in five states. It operates Blue Cross Blue Shield plans in Illinois, Montana, New Mexico, Oklahoma and Texas.
HCSC offers the following types of plans:
Individual health insurance
Employer-sponsored health insurance
Medicare Advantage
Medicare supplement
Medicaid
HCSC affiliates and subsidiaries offer other types of coverage, including group life, disability and dental insurance.
UnitedHealth Group
UnitedHealth Group, parent company for UnitedHealthcare, offers Affordable Care Act (ACA) marketplace coverage to individuals and families in 18 states.
UnitedHealthcare offers the following types of plans:
Individual health insurance
Employer-sponsored health insurance
Medicare Advantage
Medicaid
Short-term health insurance
Supplemental insurance
United Healthcare has partnerships with more than 1.3 million medical providers and 6,500 hospitals and other types of care facilities in the U.S.
Centene Corp.
Centene, which includes subsidiaries like Ambetter, Health Net, Fidelis Care and Wellcare, serves members in all 50 states.
Centene offers the following types of plans:
Individual health insurance
Employer-sponsored health insurance
Medicare Advantage
Medicaid
Centene is the largest Medicaid managed care organization, with plans in four of the largest Medicaid states: California, Florida, New York and Texas.
