Thursday, August 18, 2016

At Calcbench, we are constantly striving to show how our data can help people reach make more informed decisions.

Given all of the recent news about the Affordable Care Act and insurance firms, we thought it worth the time to do a cursory analysis of health care insurance firms and check their profitability levels. The results are below.

In 2013 the top 10 firms in our list had revenues of $354 billion dollars and an operating income of $21 billion.

In 2014 the same 10 firms in our list had revenues of $400 billion dollars and an operating income of $24 billion.

In 2015 the same 10 firms had revenues of $457 billion dollars and an operating income of $27.5 billion.

So from a purely objective financial analysis, the firms are making more money than in the past.

The ten firms in order of 2015 Revenue (largest to smallest) are:

Company Revenue (USD B) Operating Income (USD B)
United Health 157.1 11.0
Anthem 79.1 4.6
Aetna 60.3 4.2
Humana 54.3 2.3
Cigna 37.8 3.3
Centene 22.8 0.7
Health Net 16.2 0.5
Molina Healthcare 14.2 0.4
Wellcare Health Plans 13.9 0.3
Universal American 1.5 0.01

We do this analysis using the tools on Calcbench, specifically, our Excel Add-In

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