The U.S. health insurance industry is undergoing a massive transition. So, what does this mean for the health insurance carriers? A recent analysis by Employee Benefit Adviser (EBA) and miEdge ranked the top large-group health insurance carriers in the U.S. for the year 2014.
Now, while being a large insurer does not necessarily mean they provide the best health insurance, it is an interesting look at product and market share in the health insurance industry today.
Below are the top 10 large-group health insurance companies in 2014, ranked by EBA and miEdge.
Top 10 U.S. Large-Group Health Insurance Companies, By Product
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Kaiser
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United Health Care
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Blue Cross Blue Shield of Illinois
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Aetna
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Anthem
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Cigna
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Blue Cross Blue Shield of Massachusetts
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Highmark
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Blue Cross Blue Shield of Michigan
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Blue Shield of California
Related: Top 25 Health Insurance Companies in the U.S. (2012)
About the Data
The data was compiled by miEdge and EBA and includes the top large-group health insurance carriers in the U.S. The lists are based on Form 5500 Schedule A data submitted to the Department of Labor as of Dec. 31, 2014.
EBA also ranked health insurance carriers in the areas of dental, vision, voluntary, disability, and life insurance. Click here for their full rankings.
Do any on this list surprise you?