Top Health Insurance Carriers

There are many medical coverage carriers in the country and still, it is sad to note that not all people are able to fully protect themselves and their family from medical emergencies because of the rising cost of health coverage. Good for those who enjoy the chance to be part of group health insurance as they pay little or nothing at all. For most Americans, it is a shoo-in for private health insurance, or nothing at all.

While individual health insurance can be more expensive over group health coverage, it would be more expensive not to have any coverage at all. To make the pursuit for the perfect medical insurance carriers easier, it would be ideal to check out their backgrounds and what they can offer to the people.

Here are the leading medical insurance carriers as rated by the National Association of Insurance Commissioners based on market share:

Unitedhealth Group

The UnitedHealth Group includes UnitedHealthcare, one of the many medical insurance carriers that supply millions of clients all over the United States. The Group provides healthcare plans that provide access to choice healthcare not limited to the fifty states but also in other international markets. The merger of UnitedHealthcare and Golden Rule Insurance Company in 2003 has led to the provision of health insurance solutions and innovative health insurance options to many customers. One of the many complaints hurled against medical insurance carriers is the processing time of claims. This carrier is proud of being able to handle 94 percent of all health insurance claims in ten business days or even less. Medical insurance providers like United provide a toll-free customer service line for customer inquiries.

WellPoint

Among all the other medical insurance carriers, WellPoint has the largest membership of 34 million for its affiliated health plans. The firm offers health benefit solutions and products including long-term care insurance, life and disability coverage and behavioral health benefit services along with others. Health coverage is provided by this company to over 30 million clients through the Blue Cross and Blue Shield name. It provides a variety of health plans including indemnity, HMO, PPO, hybrid plans for businesses, and receivers of Medicaid and Medicare. WellPoint has 37,500 employees as of 2010.

Kaiser Foundation Group

The Kaiser Foundation Group includes Kaiser Permanente which in turn is composed of the Kaiser Foundation Health Plans, Kaiser Foundation Hospitals and the Permanente Medical Groups. With at least 8.7 million clients in the District of Columbia and 9 states, Kaiser is considered as the largest non-profit health plan in the US. It is famous for providing an integrated health care delivery model to its members including emergency care, well-baby and prenatal care, preventive care, pharmacy services, hospital visits and medical services. It has a network of 32 medical centers, 416 medical offices and 13,729 practitioners.

Aetna

Aetna is one of the industry leaders amongst the numerous medical insurance carriers in the United States. They provide employee benefits, disability insurance, group life, pharmacy and dental plans. Aetna is backed by 154 years of heritage, having been founded in 1850. It has a total of 34,024 employees and covers all 50 states. The firm has 16.6 million clients and has a network of 4771 hospitals and more than 470,000 doctors and specialists.

HumanaOne

HumanaOne offers affordable health premiums and targets recent college graduates, early retirees, entrepreneurs and those who are not covered through an employer. This company aims to make insurance plans more affordable to these sectors by offering low insurance payments of up to 50 percent. As one of the biggest publicly-traded health insurance providers in the country, HumanaOne has a network of over 3,000 hospitals, over 350,000 medical providers and over 50,000 pharmacies all over the US.

Identifying the premier medical insurance providers will give consumers an idea of what to look for when picking their own medical insurance carriers including the quality of health coverage offered, price, and the full network of the carrier.