June 11, 2020
The leading individual health insurers by market share increased their percentage from about 30% overall market share in 2015 to just over 50% in 2019. Individual enrollment declined from 16.7 million to 12.4 million enrollees between 2015 and 2019. The top individual insurers gained 657k, however, all other insurers lost 4.95m enrollees during this 5-year time period.
Falling just out of the top plans in 2019, UnitedHealth had almost 1.14 million enrollees in 2015 and dropped to just about 261k in 2019; a loss of nearly 875k.
|2019 Top Individual Insurers
Over the Past 5 Years
|Blue Shield of CA||609,531||707,821||665,549||783,811||726,407|
Source: Health Coverage Portal™, Mark Farrah Associates, Supplemental Health Care Exhibit as reported in the NAIC Annual Financial Statement & CA DMHC
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™, Health Plans USA™ and 5500 Employer Health plus. For more information about these products, refer to the informational videos and brochures available under the Our Products section of the website or call 724-338-4100.
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