There are many health insurance companies today but we are interested in letting you know the largest health insurance companies of 2020. Did you have an idea of the top health insurance companies? It is possible that you are currently not aware of the present state of the health insurance companies. However, Health insurance companies are companies that offer medical coverage and support. Generally, these health insurance companies offer services such as dental insurance and vision benefits, Medicare policies and Medicaid, and long-term care insurance. Let’s get started with the largest health insurance companies of 2020.
Largest Health Insurances Companies of 2020 – Some of the largest health insurance companies of 2020
When we decide on the largest health insurance companies, we take note particularly of their number of members. In deep terms, it is the number of individuals who have signed up for a healths insurances plan with the company. Let’s have a look at these companies.
United Healthcare Group
Firstly, this company is rated as one of the largest insurancescompanies by the total lives covered. Basically, the United Healthcare Group offers a variety of products ranging from Individual health insurance to Full employer benefits plans for big corporations. The most prominent Service is the care network of over 1.3million Physicians and health care professionals with more than 5,000 hospitals.
Anthem is the second-largest health insurance provider in regards to total members. Upon records, there are over 40,000,000 lives covered. Anthem’s commercial and business health care segment provides a network care base for small and large businesses, Individuals, Medicare, and Medicaid.
Aetna as part of the largest healths insurances companies has over twenty million members. Moreover, this company is been operated by CVS after it was acquired by CVS Health Corp in 2018. The company has been able to integrate network provider with Aetna’s membership base. Furthermore, most members of this company are healths insurances for employers and its employees in the private market.
Cigna is a Healths insurances company that is headquartered in Bloomfield. It provides insurances and healths services to companies all over the world. There are just currently ten states that are enjoying the individual insurance service (Texas, Georgia, Maryland, Florida, North Carolina, Tennessee, etc).
Humana is one of the largest health insurances companies rated by the number of members. It was not until 2017, offers individual health insurances to eleven states. The company started long ago in the year 1961 but then, they sold long-term care insurance and later expanded to selling health insurances policies.
Largest Health Insurances Companies of 2020 by states
- Firstly, blue Cross: Located in Idaho as the largest health insurances companies.
- Secondly, Premera: Located in Alaska as the largest health insurances companies.
- Thirdly, Kaiser: Located in Colorado as one of the largest insurance companies.
- Fourthly, Arkansas Blue Cross: Located in Arkansas as one of the largest insurances companies.
- Also, Highmark: Located in Delaware as one of the largest health insurances companies.
- Guidewell Mutual Health: Located in Florida as one of the largest insurances companies.
- Blue Cross Blue Shield of Alabama: Located in Alabama as one of the largest insurances companies.