February 2, 2023
The 5 leading commercial risk health insurers by market share have represented an average of 45% of the total commercial risk market over the past 5 years. Commercial risk is composed of Individual, Group fully insured business, and the Federal Employee Health Benefits Program. This market declined from 73.4 million to 70.4 million enrollees between 3Q18 and 3Q22. Additionally, the leading healthcare insurers each experienced membership changes that resulted in variations of market share.
Searching for historic trend data in Mark Farrah Associates’ Health Coverage Portal is easier than ever before, using our new user interface (UI). With more powerful filters, and improved data trending and display, the new UI offers greater efficiency and capability than our popular existing UI. Below is a screenshot of what was used in the analysis above. To learn more please give us a call at 724-338-4100.
About Mark Farrah Associates (MFA)
Mark Farrah Associates (MFA) is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Our product portfolio includes Health Coverage Portal™, County Health Coverage™, Medicare Business Online™, Medicare Benefits Analyzer™, 5500 Employer Health PLUS, and Health Plans USA™. For more information about these products, refer to the informational videos and brochures, available under the Our Products section of the website (www.markfarrah.com) or call 724-338-4100.
Healthcare Business Strategy is a FREE monthly brief that presents analysis of important issues and developments affecting healthcare business today. If you would like to be added to our email distribution list, please submit your email address to the " Subscribe to MFA Briefs " section at the bottom of this page. Mark Farrah Associates will continue to analyze and report on important health insurance segment performance and related topics. Stay tuned for future analysis briefs with valuable insights about the health care industry.