Top 5 Best Health Insurance Companies in The US

1. United Health

Direct Written Premiums: $176.7 billion

Market Share: 14.1%

A diversified health and well-being company, UnitedHealth Group’s core capabilities are clinical expertise, advanced technology, and data and health information.

UnitedHealth Group serves clients and consumers in the US and more than 130 other countries through two distinct platforms: United Healthcare provides healthcare coverage and benefits services, while Opium provides information and technology-enabled health services. The group invests more than $4 billion in technology and innovation and processes approximately 1.1 trillion transactions annually.

2. Kaiser Foundation

Direct Written Premiums: $104.2 billion

Market Share: 8.3%

Kaiser Foundation Health Plan, Inc. operates as a non-profit healthcare organization. The organization offers allergy, audiology, cardiology, dermatology, oncology, hospice, laboratory, nephrology, occupational therapy, pain management, pediatric rehabilitation, and pharmacy services. The company serves patients in the US. Best Health Insurance Companies in The US

3. Centene Corp

Direct Written Premiums: $75 billion

Market Share: 6%




Centene Corporation, a Fortune 500 company, is a diversified, multinational healthcare company providing a portfolio of services to government-sponsored healthcare programs, focusing on uninsured and underinsured individuals. It operates in 50 states and three international markets and has more than 25 million managed care members.

Centene operates local health plans and provides a range of health insurance solutions. Also, it contracts with other healthcare and commercial organizations to offer specialty services, ranging from behavioral health, dental benefits, life and health, and pharmacy benefits management to care management software, correctional healthcare services, in-home health services, managed vision, specialty pharmacy, and telehealth services.

4. CVS

Direct Written Premiums: $69 billion

Market Share: 5.5%

CVS Health is a healthcare innovation company with a purpose to help people 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 9,900 retail locations, nearly 1,100 walk-in medical clinics, a pharmacy benefits manager with about 100 million plan members, a diversified healthcare benefits company serving about 23.4 million medical members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a standalone Medicare Part D prescription drug plan. Best Health Insurance Companies in The US

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5. Health Care Service Corporation (HCSC)

Direct Written Premiums: $42 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, New Mexico, Oklahoma, and Texas – and employs more than 23,000 people in over 60 local offices.

HCSC offers a wide variety of life and health insurance products and related services through its affiliates and subsidiaries, including Dearborn Group, Dental Network of America, HCSC Insurance Service Company, Medecision, Availity, Prime Therapeutics, and TriWest Healthcare Alliance.

 

How to Choose the best health insurance company

When choosing a health insurance company, you should evaluate the policy costs, company features, customer reviews and provider network.

Policy costs, details and company benefits

The most important factor to consider is whether the insurer offers affordable policies that fit your needs.

The price of a health insurance policy can vary widely by insurer. This is typically because some providers offer additional benefits with their policies, such as online member portals or gym memberships.

Additionally, some policies have a wider provider network, which means your health insurance would be accepted by more doctors and medical facilities. However, policies with a bigger network or those that offer you the ability to see any doctor that you want will almost always come with higher monthly premiums.

Finally, besides the monthly premium, you should carefully review the deductibles and co pays or coinsurance before choosing a policy. These values can vary greatly not only by policy but also by insurer. By selecting the plan with a deductible and coinsurance that fit your needs, you can save yourself money. Best Health Insurance Companies in The US

Customer reviews

When evaluating insurers, you should also consider how other customers view the company. By collecting metrics like the NAIC Complaint Index and J.D. Power’s customer satisfaction scores, you can better understand how that health insurance company values its policyholders.

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