Insurance Companies in USA The insurance industry in the United States is massive and highly competitive. Thousands of insurers provide a range of insurance products including health, life, property, auto, business and specialty insurance across the country. According to 2021 data, the insurance industry generated over $1.28 trillion in net premiums.

Though there are many players, the market is dominated by just a handful of large insurers. Here are the details on the 15 biggest insurance companies in the US by total assets and market share.

1. UnitedHealth Group

The largest insurance company in the country, UnitedHealth Group sits on top with over $300 billion in assets and bringing in $287 billion in 2021 revenue. UnitedHealth offers employers-sponsored insurance plans as well as individual health plans under its UnitedHealthcare brand, serving 49 million members. Its Optum division provides health services, technologies and pharmacy care. UnitedHealth, based in Minnetonka, MN, insures 1 in 10 Americans across all 50 states.

2. Anthem: Insurance Companies in USA

Second-ranked Anthem provides 55 million members with medical insurance as well as dental, vision, pharmacy, life and disability coverage. Anthem operates Blue Cross Blue Shield plans in 14 states, making it the largest BCBS insurer. Other brands under Anthem include Amerigroup, CareMore and Simply Healthcare. Headquartered in Indianapolis, IN, Anthem posted over $140 billion in revenue in 2021.

3. CVS Health: Insurance Companies in USA

Best known its retail pharmacies and pharmacy benefit management, CVS Health also became a major insurer after acquiring Aetna in 2018. This makes CVS Health the third largest insurer with 23 million members. Its integrated pharmacy, health insurance and retail clinic model aims to lower costs and improve access. Based in Woonsocket, RI, CVS Health made $292 billion in revenue in 2021.

4. Centene

Centene specializes in government-sponsored healthcare programs including Medicaid and Medicare. It is the largest Medicaid insurer, providing coverage across all 50 states to nearly 15 million enrollees. Centene’s local health plans focus on affordability combined with technology to improve outcomes. Headquartered in St. Louis, MO, the company had $125 billion in revenue in 2021.

5. Cigna

Global health services firm Cigna insures over 175 million customers around the world. In the US, Cigna delivers health, life, accident, dental and disability insurance as well as pharmacy benefit management services. They acquired Express Scripts in 2018, propelling their growth. Cigna posted 2021 revenues of nearly $175 billion. The company is based in Bloomfield, CT.

6. Humana

Headquartered in Louisville, KY, Humana offers Medicare Advantage, Medicare Supplement, Medicare prescription drug and military insurance plans to 16 million members. Dedicated to population health, Humana works closely with providers to enhance care delivery and outcomes. The company made $83 billion in revenue in 2021.

7. Health Care Service Corporation (HCSC)

As a mutual legal reserve insurer, HCSC operates on a nonprofit basis serving its policyholders. HCSC runs Blue Cross Blue Shield plans in 5 states – Illinois, Montana, New Mexico, Oklahoma and Texas, covering 16 million lives. Investing in technologies to improve access, affordability and health is central to their strategy. They are headquartered in Chicago, IL.

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8. Highmark Health

Providing both health insurance and care delivery, Highmark Health covers 5 million members in Pennsylvania, Delaware and West Virginia. The integrated system includes the Highmark health plan, Allegheny Health hospitals and health networks, HM Insurance Group, United Concordia Dental and more. Based in Pittsburgh, PA, the nonprofit organization brought in $21 billion revenue in 2021.

9. Molina Healthcare

Molina Healthcare focuses solely on government-sponsored health programs, serving over 5 million Medicaid and Medicare enrollees. With local health plans across 18 states, it aims to provide quality, affordable care. Based in Long Beach, CA, Molina reported $27 billion in revenue in 2021.

10. Anthem Blue Cross

California’s largest health insurer with 4.7 million enrollees, Anthem Blue Cross offers employer-sponsored, individual, Medicare, Medicaid and specialty insurance. It has over 85 years of history in California. Anthem Blue Cross is the key subsidiary under parent company Anthem Inc. Headquarters is in Woodland Hills, CA.

11. Oscar Health

Known for using technology to drive consumer-centric health insurance, Oscar Health went public in 2021. They operate in 18 states, covering 1 million members through individual, small group and Medicare Advantage plans. Oscar Health is based in New York, NY.

12. Unum Group

Unum specializes in group and individual disability, life, accident and critical illness insurance. They are the leading disability insurer in the US and UK. Unum’s life insurance brands include Colonial Life, Provident Life and Accident, and Starmount. Based in Chattanooga, TN, Unum made nearly $12 billion in revenue in 2021.

13. USAA

Insurance Companies in USA Headquartered in San Antonio, TX, USAA provides insurance exclusively for military members and their families. Auto and home insurance accounts for a large portion of their business, but they also offer life, health and investment products. USAA brought in $31 billion in revenue in 2021.

14. Liberty Mutual

With roots going back to 1912, Liberty Mutual is now the sixth-largest property and casualty insurer in the country, offering a wide range of P&C, health and life insurance. Based in Boston, MA, Liberty Mutual’s 2021 revenue totaled $48 billion.

15. Nationwide

Insurance Companies in USA Offering a variety of insurance as well as financial services, Nationwide stands as the 7th largest auto insurer in the U.S. Its insurance brands include Nationwide, Scottsdale Insurance, Titan Insurance and Victoria Fire & Casualty. Headquartered in Columbus, OH, Nationwide recorded 2021 revenue of $47 billion.

In summary, the top 15 health and property insurers in the U.S. insure hundreds of millions of customers and take in hundreds of billions in revenue annually. The largest insurers continue to dominate market share, though new entrants focusing on digital experiences and innovative models shake up the competitive landscape.

Covid cases in India: The Union Health Ministry acknowledged on Wednesday that some states in India, including Kerala, Maharashtra, Jharkhand and Karnataka, are witnessing a rise in the daily Covid cases in India rate. Although he issued a warning, he said there were no clusters (groups of infected people) in India.VS have been reported.

“Although this variant is currently being intensively studied scientifically, it does not cause immediate concern. All those infected with JN.1 had mild symptoms and recovered without complications.” the ministry said.

Covid cases in India: NITI Aayog Member (Health) Mr. V.K.Paul said that 21 cases of JN.1 subvariant JN.1 have been detected in India so far and about 91-92% of infected people are receiving home treatment.

He added that he was choosing. “19 cases of COVID-19 subvariant JN.1 have been detected in Goa and one each in Kerala and Maharashtra. “In the past two weeks, 16 deaths related to COVID-19 have been recorded, and many of those who died had serious comorbidities,” he added. Paul added.

Covid cases in India In the last two weeks, the number of COVID-19 cases in India has increased sharply from 115 on December 6 to 614 today, but has decreased compared to the global scenario doing. According to the ministry’s data, 92.8% of cases are isolated at home, indicating a mild course of the disease.

“We have not observed an increase in hospitalization rates due to COVID-19. Hospitalized cases are due to other diseases and COVID-19 is an incidental finding,” state health ministers said. Health Minister Mansukh Mandaviya said this after a virtual high-level review meeting on the novel coronavirus disease.

Covid cases in India The Federal Ministry of Health’s warning comes after the World Health Organization (WHO) designated the JN.1 variant as a Variant of Interest (VOI), separate from the parent strain BA.2.86 in view of its rapid spread. Thing. Previously, it was classified as a VOI, part of the BA.2.86 sublineage.

“Based on the available evidence, the additional global public health risk posed by JN.1 is currently assessed to be low.”Nevertheless, with the onset of winter in the Northern Hemisphere, JN.1 “It has the potential to increase the burden of respiratory infections in several countries,” the WHO said.

Current vaccines prevent severe illness and death from JN.1 and other circulating variants of SARS-CoV-2, the virus that causes Covid cases in India. He added that he would continue. WHO said it is continuously monitoring the evidence and will update the risk assessment for JN.1 as necessary.

The Ministry of Health on Wednesday confirmed that all positive case samples will be collected through the Indian SARS-CoV-2 Genomics Consortium (INSACOG) network to track variants and enable timely detection of new variants circulating in the country.

ordered the strengthening of surveillance systems for genome sequencing; “This will facilitate the timely implementation of appropriate public health measures,” he said. Mandaviya.

Covid cases in India Each state will send large numbers of samples from positive COVID-19 cases and pneumonia disease to the INSACOG Genome Sequencing Laboratory each day to increase testing and, if necessary, sequence and track new variants. requested to be transferred to.

The Minister of Health called on all provinces to remain vigilant, increase surveillance and ensure adequate supplies of medicines, oxygen cylinders, concentrators, ventilators and vaccines. States were directed to conduct mock exercises every three months to assess the functionality of PPE (pressure swing adsorption) systems, oxygen concentrators and cylinders, ventilators, etc., and encouraged to share best practices. .

The Ministry highlights the challenges posed by the increasing number of coronavirus cases in some countries around the world, including China, Brazil, Germany and the United States, and He pointed out that it is important to prepare for emerging stocks. Covid cases in India, especially in light of the upcoming holiday season.

The Department reiterates that the COVID-19 problem is not yet resolved and urges states to monitor emerging evidence regarding COVID-19 cases, symptoms, and severity and implement appropriate public health measures. I asked them to plan.

“States also need to raise awareness about respiratory hygiene, ensure the dissemination of factually correct information, and combat fake news, in order to manage information and curb panic.” “The Exchange portal should provide real-time information on coronavirus infection cases, test results, positivity rates, etc.-19 to enable timely surveillance and immediate public health measures,” Dr. Mandaviya.

Covid cases in India India recorded 614 new coronavirus cases, the highest since May 21, while the number of active cases remains low, according to Union Health Ministry data updated on Wednesday. There were 2,311 people. The death toll reached 5,33,321, with three deaths reported in Kerala in 24 hours, according to data updated at 8 am.

The number of people infected with the new coronavirus infection in Japan is 45 million (45 million 5,978 people). According to the Ministry of Health’s website, the number of people who have recovered from the disease has increased to 44,470,346, making the national recovery rate 98.81%.