Largest Medical Insurance CompaniesBiggest health insurance companies
10 largest insurance companies by affiliation
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Floridas Blue Cross Largest health insurer, Humana, Aetna Among other top carriers
According to a Florida Office of Insurance Regulation survey, $21.9 billion in premiums were recorded by medical insurance companies in the 2006 calender year. The July 2007 publication of an insurance industry survey shows that Blue Cross & Blue Shield of Florida was the state's leading $4.95 billion premiums paid by the state insurance company on the basis of premiums paid.
In terms of premiums accounted, the company's slice of the pie was more than 22.5%. Humana Medical Plan stood behind Blue Cross & Blue Shield, which recorded premiums of 3.3 billion dollars in the 2006 calender year and had a 15.3% stake in the business, as the study shows. Florida's other leading Florida medical insurance companies are: insurance companies and 488 overseas underwriters.
Florida is ranked behind only New York and California in terms of the amount of medical insurance taken out. The OIR survey shows that in 2005 the total premium volume paid to insurance companies (including lifetime, disability and casualty) amounted to USD 45.5 billion. All in all, more than 80.9 billion dollars in premium were recovered across all insurance segments in 2005.
However, the percentage of noninsured Florida nationals is increasing. However, most estimations put Florida in either second or third place in the percentage of inhabitants without medical insurance. The United States Census Bureau has estimated that in 2005 (latest available figures) more than 3.4 million Floridians were without medical insurance at some point in the year, representing about 20% of the total number.
This is a decrease of 2.6 percent compared to the number of policyholders in 2002.