Friday, March 22, 2019
Our New Master Class Video

Thursday, March 21, 2019
Tech Data’s Goodwill Adjustment

Tuesday, March 19, 2019
There’s Taxes, and There’s Taxes

Saturday, March 16, 2019
Adventures in Tax Cuts and Net Income

Monday, March 11, 2019
Big Moves in Goodwill, Intangible Value

Friday, March 8, 2019
CVS, Goodwill, and Enterprise Value

Thursday, February 28, 2019
Summary of Our Goodwill Research/ How-To

Wednesday, February 27, 2019
What Does ‘Other’ Mean? An Example

Thursday, February 21, 2019
Another Tale, Buried in the Footnotes

Wednesday, February 13, 2019
Low Latency Calcbench

Monday, February 11, 2019
Now Streaming on Hulu: Red Ink

Thursday, February 7, 2019
Early Look at 2018 Tax Decline

Wednesday, February 6, 2019
You Revised WHAT, Netflix?

Thursday, January 31, 2019
Talking About Huawei Exposure

Wednesday, January 30, 2019
Another Discrepancy in Reported Numbers

Wednesday, January 30, 2019
Finding Revised Facts: Hertz Edition

Wednesday, January 23, 2019
GE Commercial Aviation Services: Bringing Numbers to Light

Monday, January 21, 2019
Differences in Earnings Releases and 10-Ks

Wednesday, January 16, 2019
The Importance of Textual Analysis

Tuesday, January 8, 2019
A Look at Climate Change Disclosures

Archive  |  Search:
3 Year Profitability of Health Insurers
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

FREE Calcbench Premium
Two Week Trial

Research Financial & Accounting Data Like Never Before. More features and try our Excel add-in. Sign up now to try the Premium Suite.