Industry Analysis & Industry Trends
The Health and Medical Insurance industry has been characterized by slow growth over the five years to 2015 as a result of reduced employer coverage and continued consumer deleveraging. However, consistent increases in healthcare expenditure and medical cost inflation have continued to drive industry growth. In the next five years, the industry will continue to benefit from rising health expenditure and an aging US population that demands increased insurance coverage. Health insurance reforms will further increase demand for health insurance through government subsidies and an individual mandate, but will also present challenges to industry profitability... purchase to read more
Industry Report - Industry Key Buyers Chapter
Market share concentration within the Health and Medical Insurance industry is moderate, with the top four companies accounting for an estimated 46.0% of total industry revenue in 2015. The level of concentration within the industry has increased sharply in recent years though, with the top four insurers accounting for 38.2% of total industry revenue in 2010.
Reform pushes the big to get bigger
The reforms enacted by the Obama administration in 2010 have been driving mergers and acquisitions, as insurers benefit from economies of scale and greater numbers of subscribers... purchase to read more