The 5 Biggest Health Insurance Providers in Florida

There is also more than 100 insurance companies in Florida that provide health insurance, whether individuals or businesses. In fact, the report put together for the Florida Office of Insurance Regulation for the calendar year 2009, there were a total of 139 different providers on the list. Which of these insurance companies are the largest, and by choosing the largest service providers, are you sure of getting great Florida insurance at affordable prices?

Blue Cross and Blue Shield of Florida: Of all the insurance companies in Florida, Blue Cross and Blue Shield is the largest health insurance provider. They hold 27.14% of market share in the country, and earned a direct premiums of nearly $ 4 billion, covering more than 1.1 million people. United Health Insurance: United Health Insurance number 2 on this list, with 15.39% market share, $ 2.2 billion of premium and 690,000 covered lives. Health Aetna: Aetna is next on the list of the largest insurance companies in Florida, with 13.66% market share. What is interesting is that they make almost as much as United Healthcare in premiums, with $ 1.9 billion, but they cover only half as many people, 387 000. Avmed: All businesses take a significant market share drop off after the top 3 Avmed is next up, with a 5% market share, $ 726 million in premiums earned and 189,000 covered lives. United Healthcare Florida:. Listed separately, then U.S. health insurance, Florida group has a 4.56% market share, and $ 654 million premium to the protection of about 127,000 people

Now that you know the biggest insurance companies in Florida, it's time to ask whether or not only to immediately go with the big guys at the top of the list. First, it must be said that the largest companies are usually there for good reason -. Providing affordable and quality care

This does not mean that the number 1 or number 2 company will receive the lowest price and best coverage for your own unique needs, desires and circumstances. It is important to be able to shop around and compare what's available to you, and you do not want to make any assumptions before they can see for yourself the difference and what will be most beneficial for you.

Working with the Florida insurance professionals is a great way to get this done, because they will shop around and do the legwork for you, and you will find a match that is perfect for your budget and desired level of protection. The biggest insurance companies in Florida are there for a reason, but not blindly choose one over the other.