Top 5 Largest Health Insurance Companies of 2022
2022’s Biggest Health-Care Providers
By membership, the top 5 largest health insurance companies.
Top 5 Largest Health Insurance Companies of 2022 – The company with the most members is the largest health insurance, provider. The number of people enrolled in a health insurance plan with a certain provider is referred to as members. There are numerous ways to sign up for health insurance. Your employer’s benefit plan, for example, might include health insurance. The following are some more options:
Retirement plans and Medicare
Services covered under Medicaid
Health coverage for individuals
which is a subsidiary of UnitedHealth Group, and is the largest health insurance provider in terms of overall membership. UnitedHealthcare provides a wide range of products, ranging from individual health insurance to full-fledged employee benefit plans for some of the world’s largest organizations. In addition, it offers coverage in all 50 states. Minnetonka, Minnesota, is the home of UnitedHealthcare.
UnitedHealthcare boasts a network of over 1.3 million physicians and health care professionals, as well as over 6,500 hospitals, in addition to having the most members. This implies that if you have UnitedHealthcare, you will be able to choose from a variety of treatment options.
Anthem number two
With more than 45 million members, Anthem is the second-largest medical insurance company by total members. Large and small businesses, individuals, Medicaid, and Medicare markets are all served by the company’s Commercial & Business health care section.
Blue Cross Blue Shield Association is Anthem’s parent company. This implies that while you may come across goods with the BCBS brand when shopping for Anthem insurance on your state marketplace exchange, you will be purchasing from Anthem.
California, Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, Nevada, New Hampshire, New York, Ohio, Virginia, and Wisconsin are among the states where the company is actively active.
Aetna is the third-largest insurance company in the United States.
In 2018, CVS Health Corporation purchased Aetna. The organization is now run by CVS Health, which has been able to merge its provider networks with Aetna’s membership base seamlessly. Aetna is the third-largest health insurance and service provider by membership, having been founded in 1853. However, offering health insurance to firms and their employees in the private market accounts for a large portion of its membership. For the 2022 plan year, Aetna re-entered a small number of ACA exchanges.
Cigna is the fourth largest health insurance company.
Cigna is the United States’ fourth-largest medical insurance provider. Cigna, based in Bloomfield, Connecticut, provides health insurance and other health-related services to businesses all around the world. Cigna also provides dental, behavioral health, vision, supplementary health, and Medicare/Medicaid coverage in addition to corporate health insurance policies and plan administration.
Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Mississippi, Missouri, North Carolina, Pennsylvania, Tennessee, Utah, and Virginia are among the 13 states where Cigna now sells individual health insurance. In addition to 16 states and Washington, D.C., Cigna offers Medicare Advantage plans.
Humana ranks fifth in terms of membership. The company began supplying long-term care insurance in 1961 before branching out into health insurance. Since January 2018, Humana has not issued new individual ACA health insurance, but it will honor current policies. Humana is now primarily focused on the Medicare market, offering either a Medicare Advantage or a supplemental plan (or both) in every state.