In this article, we are going to talk about the top 10 health insurance companies in Illinois. If you are also searching for the best health insurance company for you, you can read this article until the end.
There are many private health insurance specialists in America. Life/annuity and property/casualty insurers also write coverage, often referred to as accident and health insurance.
A good health insurance company offers you many coverages such as hospitalization expenses, daycare procedures, domiciliary expenses, and ambulance charges, among others. Taking good health insurance is a must if you want to avoid future health-related expenses.
According to fas.org, private health insurance covered 179 million Americans in 2019, worth $1,195 billion. Below we have told you about the 10 best health insurance companies that you can go with.
UnitedHealth Group is one of the best health insurance companies, with a significant market share of 14%. It provides better service to its customers and customers in more than 130 countries through two different platforms. UnitedHealthcare provides healthcare and benefits services, while Optum provides information and technology-enabled health services. It spends more than 4 billion annually to adopt new technology and innovation.
- Direct Written Premiums: $176.7 billion
- Market Share: 14.1%
2. Kaiser Foundation
The Kaiser Foundation provides their health insurance throughout the United States, including Illinois. It operates as a non-profit healthcare organization. In addition to insurance, the organization offers allergy, audiology, cardiology, dermatology, oncology, hospice, laboratory, nephrology, occupational therapy, pain management, pediatric rehabilitation, and pharmacy services. It ranks second in health insurance with a market share of 8%.
- Direct Written Premiums: $104.2 billion
- Market Share: 8.3%
3. Anthem, Inc.
Anthem, Inc. is a well-known and trusted health insurance company with a mission to improve life and community and make healthcare more accessible. Its main objective is to make the most innovative a valuable, and inclusive partnership. Anthem provides healthcare to over 106 million people through its affiliated companies. It holds up to 6.2% of the US health insurance market.
- Direct Written Premiums: $76.9 billion
- Market Share: 6.2%
4. Centene Corp
Centene Corp is a diversified and multinational healthcare company serving 50 states and three international markets. It offers a broad portfolio of health services under a government-sponsored health care program with a particular focus on uninsured and underinsured individuals. In addition, it provides health, dental benefits, life and health, and pharmacy benefit management services.
- Direct Written Premiums: $75 billion
- Market Share: 6%
Humana has captured a 5.9% market share due to its excellent healthcare system. It is known for providing excellent services. This Illinois banana is providing the best healthcare services with the help of its team across 50 states. Humana delivers all the innovation and resources needed to help people live their healthiest lives on their terms. This health insurance can be a good option in the whole of the US, including Illinois.
- Direct Written Premiums: $73.9 billion
- Market Share: 5.9%
CVS is a brilliant health care innovation company whose aim is to provide better healthcare facilities. It offers a trusted approach through its best of health services, schemes, and community pharmacists. CVS is a diversified health benefits company with health insurance services and approximately 1,100 walk-in medical clinics serving about 23.4 million medical members.
- Direct Written Premiums: $69 billion
- Market Share: 5.5%
Health Care Service Corporation (HCSC) is a traditional law reserve health care company, the largest customer-owned health insurance company in the United States. It provides health services to more than 16 million members in the five states of Illinois, Montana, New Mexico, Oklahoma, and Texas. It also employs more than 23000 people in its more than 60 local offices. HCSC, through its affiliates and subsidiaries, offers a wide variety of life and health insurance products and related services.
- Direct Written Premiums: $42 billion
- Market Share: 3.4%
8. Cigna Health
Cigna Corporation is a global healthcare organization serving over 165 million customers in more than 30 countries. It offers health insurance, dental insurance plans, Medicare plans, Medicare supplement plans, other supplemental insurance, and international health insurance. If you are looking for good health insurance in Illinois, then you can turn to Cigna Health.
- Direct Written Premiums: $31.8 billion
- Market Share: 2.5%
9. Molina Healthcare, Inc.
Molina Healthcare is one of the best health insurance providers in America. It primarily focuses on government-sponsored health programs for deserving individuals and families. The company operates as a health scheme in contract with the state government, providing a wide range of quality health services to families and individuals. The company also offers Medicare products and its health insurance and participates in programs to manage Medicare and care for people eligible for Medicare in many states.
- Direct Written Premiums: $21.4 billion
- Market Share: 1.7%
10. Independence Health Group
Independence Health Group, with its subsidiaries, provides its health services to approximately 10 million customers in 27 states and the District of Columbia. The company offers its services to various employer groups ranging from small and medium-sized enterprises to national corporations. It explicitly provides commercial, Medicare, and Medicaid coverage, pharmacy benefits management, workers’ compensation, and third-party benefits administration. This is one of the best health insurance companies in Illinois.
- Direct Written Premiums: $20.1 billion
- Market Share: 1.6%