Mark Farrah Associates Assesses Commercial Health Insurance Market Share for the New York Market
MCMURRAY, Pa.--(BUSINESS WIRE)--Health insurance companies provided medical coverage for approximately 264 million people, based on September 30, 2017 state level enrollment data as filed in statutory financial reports from the NAIC (National Association of Insurance Commissioners) and the CA DMHC (California Department of Managed Health Care). While state level market share is an important metric, industry analysts often need to assess market share at the county or metropolitan statistical area (MSA) level. However, attaining commercial market share by county can be a challenge because health plans are generally not required to report county-level enrollment. In the latest analysis brief, Mark Farrah Associates (MFA), www.markfarrah.com, assessed market demographics and commercial market share data, with a focus on health plan market position in three metropolitan statistical areas (MSAs) in New York.
MFA’s recent brief highlighted the local commercial market position in three MSAs in New York. With nearly 13.4 million people, the New York City metropolitan area is New York’s largest MSA. As of September 30, 2017, UnitedHealth and Anthem commanded 46.3% and 28.1% of the market, respectively. To read the full text of "A Brief look at Commercial Health Insurance Market Share in Select New York Metro Areas", visit the Analysis Briefs library on Mark Farrah Associates' website.
Mark Farrah Associates’ County Health Coverage™ provides reliable estimates of health insurance enrollment and market share at the state, county and metropolitan statistical area level. Product features include company market share by county, company and state for the Private Risk, Private ASO, Managed Medicaid, Medicare Advantage, and PDP segments. Breakdowns by product type (HMO, PPO, etc.) are also presented as well as population demographics and interactive, visual mapping tools. To learn more, visit the product page on MFA’s website - County Health Coverage™.
About Mark Farrah Associates (MFA)
MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Medicare Business Online™, Medicare Benefits Analyzer™, Health Coverage Portal™, County Health Coverage™, and Health Plans USA™.
Mark Farrah Associates
Ann Marie Wolfe, firstname.lastname@example.org