Slideshow States with the most competitive large-group health insurance markets

Published
  • October 22 2015, 11:24am EDT
27 Images Total

Methodology

EBA, in partnership with business intelligence data analytics firm miEdge, reveals the most competitive large-group health insurance marketplaces by state (including the District of Columbia and Puerto Rico) based on Form 5500 Schedule A reporting data on premiums as of September 2015.

The combined rank number considers the following data points: 1) how much of the large-group market is controlled by one insurance carrier and 2) how much of the large-group market is controlled by the top five insurance carriers. This combination provides the best indication of how much each market is dominated by one carrier by adding the percent market share of the top carrier to the percent market share of the top five carriers.

[Images: Fotolia]

26) Wyoming

Market share of top five carriers: 83.27%
Market share of top carrier: 36.98%

Top five carriers:
1) BCBS of Wyoming
2) Cigna
3) Companion Life Insurance Company
4) Fidelity Security Life Insurance Company
5) Arch Insurance Company

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25) Montana

Market share of top five carriers: 77.15%
Market share of top carrier: 41.33%

Top five carriers:
1) BCBS of Montana
2) BCBS of Illinois
3) Cigna
4) PacificSource Health Plans
5) Companion Life Insurance Company

24) New Mexico

Market share of top five carriers: 85.05%
Market share of top carrier: 33.31%

Top five carriers:
1) BCBS of Illinois
2) Presbyterian Insurance Company
3) BCBS of New Mexico
4) UnitedHealthcare
5) Health Care Service Corporation

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23) Minnesota

Market share of top five carriers: 85.77%
Market share of top carrier: 31.83%

Top five carriers:
1) Medica
2) Health Partners
3) BCBS of Michigan
4) BCBS of Minnesota
5) UnitedHealthcare

22) Maryland

Market share of top five carriers: 86.13%
Market share of top carrier: 29.02%

Top five carriers:
1) Carefirst Blue Cross Blue Shield
2) Kaiser
3) UnitedHealthcare
4) Aetna
5) Cigna

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21) Tennessee

Market share of top five carriers: 78.94%
Market share of top carrier: 36.03%

Top five carriers:
1) BCBS of Tennessee
2) UnitedHealthcare
3) BCBS of Illinois
4) Kaiser
5) NHC Health Benefit Plan

20) Arkansas

Market share of top five carriers: 75.43%
Market share of top carrier: 39.26%

Top five carriers:
1) Kaiser
2) BCBS of Arkansas
3) Allstate
4) Health Advantage
5) UnitedHealthcare

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19) Indiana

Market share of top five carriers: 70.38%
Market share of top carrier: 43.93%

Top five carriers:
1) Anthem
2) UnitedHealthcare
3) BCBS of Illinois
4) Cigna
5) Humana

18) Florida

Market share of top five carriers: 84.19%
Market share of top carrier: 29.30%

Top five carriers:
1) UnitedHealthcare
2) Florida Blue Cross Blue Shield
3) Aetna
4) Cigna
5) Kaiser

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17) Michigan

Market share of top five carriers: 78.38%
Market share of top carrier: 34.39%

Top five carriers:
1) BCBS of Michigan
2) HAP
3) Priority Health
4) HealthPlus of Michigan
5) Kaiser

16) Washington

Market share of top five carriers: 80.97%
Market share of top carrier: 31.52%

Top five carriers:
1) Premera Blue Cross
2) Group Health
3) Kaiser
4) Regence Blue Cross Blue Shield
5) UnitedHealthcare

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15) Arizona

Market share of top five carriers: 80.53%
Market share of top carrier: 31.55%

Top five carriers:
1) UnitedHealthcare
2) Cigna
3) Aetna
4) BCBS of Arizona
5) Kaiser

14) Kentucky

Market share of top five carriers: 85.29%
Market share of top carrier: 26.78%

Top five carriers:
1) BCBS of Illinois
2) Anthem
3) UnitedHealthcare
4) Humana
5) Kaiser

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13) North Carolina

Market share of top five carriers: 77.96%
Market share of top carrier: 32.34%

Top five carriers:
1) BCBS of North Carolina
2) Kaiser
3) UnitedHealthcare
4) Aetna
5) Cigna

12) Missouri

Market share of top five carriers: 81.85%
Market share of top carrier: 26.74%

Top five carriers
1) BCBS of Kansas
2) UnitedHealthcare
3) Aetna
4) Anthem
5) BCBS of Illinois

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11) New Jersey

Market share of top five carriers: 77.19%
Market share of top carrier: 29.71%

Top five carriers:
1) Horizon Blue Cross Blue Shield of New Jersey
2) Aetna
3) UnitedHealthcare
4) Cigna
5) Kaiser

10) Texas

Market share of top five carriers: 79.48%
Market share of top carrier: 25.97%

Top five carriers:
1) BCBS of Illinois
2) UnitedHealthcare
3) Kaiser
4) Aetna
5) Health Care Service Corporation

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9) Washington, D.C.

Market share of top five carriers: 79.73%
Market share of top carrier: 25.52%

Top five carriers:
1) Carefirst Blue Cross Blue Shield
2) Kaiser
3) UnitedHealthcare
4) Cigna
5) Aetna

8) Pennsylvania

Market share of top five carriers: 74.65%
Market share of top carrier: 26.84%

Top five carriers:
1) Highmark
2) Independence Blue Cross
3) Aetna
4) UPMC
5) Capital Blue Cross

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7) Connecticut

Market share of top five carriers: 76.78%
Market share of top carrier: 21.69%

Top five carriers:
1) UnitedHealthcare
2) Aetna
3) Anthem
4) ConnectiCare
5) Kaiser

6) Virginia

Market share of top five carriers: 75.27%
Market share of top carrier: 22.33%

Top five carriers:
1) Anthem
2) UnitedHealthcare
3) Kaiser
4) Carefirst Blue Cross Blue Shield
5) Aetna

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5) Ohio

Market share of top five carriers: 75.15%
Market share of top carrier: 22.29%

Top five carriers:
1) Anthem
2) UnitedHealthcare
3) Medical Mutual of Ohio
4) Kaiser
5) Aetna

4) Georgia

Market share of top five carriers: 76.64%
Market share of top carrier: 20.59%

Top five carriers:
1) Anthem
2) UnitedHealthcare
3) Kaiser
4) Aetna
5) Cigna

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3) Alaska

Market share of top five carriers: 67.43%
Market share of top carrier: 26.52%

Top five carriers:
1) Premera Blue Cross
2) Aetna
3) HCC Life
4) BCBS of Louisiana
5) Transamerica Life Insurance Company

2) New York

Market share of top five carriers: 65.68%
Market share of top carrier: 25.77%

Top five carriers:
1) UnitedHealthcare
2) Excellus Blue Cross Blue Shield
3) Aetna
4) Cigna
5) Empire Blue Cross Blue Shield

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1) Wisconsin

Market share of top five carriers: 57.93%
Market share of top carrier: 27.42%

Top five carriers:
1) BCBS of Illinois
2) UnitedHealthcare
3) Unity Health Plans Insurance
4) Security Health Plan of Wisconsin
5) Dean