A report by Citigroup analyst Carl McDonald found non-profit health network Kaiser Permanente's share of California's $59 billion health insurance market was 40 percent, by far the largest in the state, according to a report by the Los Angeles Times.
On a national scale, Kaiser took third place for commercial health insurance market, claiming a 10 percent share. Only Indianapolis-based WellPoint and Minnetonka, Minn.-based UnitedHealth Group came before it, with 14 percent and 12 percent shares, respectively.
The report compiled 2011 data on health plan enrollment and premiums nationwide and found Kaiser, based in Oakland, Calif., earned $23.3 billion in premiums from 5.5 million customers, excluding those on government-sponsored or employers' self-insured plans. In total, there are about 6.6 million Kaiser members in California, according to the report.
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On a national scale, Kaiser took third place for commercial health insurance market, claiming a 10 percent share. Only Indianapolis-based WellPoint and Minnetonka, Minn.-based UnitedHealth Group came before it, with 14 percent and 12 percent shares, respectively.
The report compiled 2011 data on health plan enrollment and premiums nationwide and found Kaiser, based in Oakland, Calif., earned $23.3 billion in premiums from 5.5 million customers, excluding those on government-sponsored or employers' self-insured plans. In total, there are about 6.6 million Kaiser members in California, according to the report.
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