Top 10 of Health Insurance Companies and Profile
Insurance is a billion-dollar industry. Some are specialized to a specific demographic while others are aimed at the general public, however all of them strive for the highest Level of access to quality care.
Here are some of the renowned Health insurance companies and their profiles:
1. The National Insurance Co. Ltd.
A public sector insurance company that serves the insurance needs of various businesses in India. In totality, the 180 kinds of health insurance plans they offer to accommodate the various insurance needs for their diverse clients. Their financial security can be guaranteed by the ties they have with various commercial banks, non-banking financial institutions, automobile manufacturers, NGOs and government agencies.
2. SBI Life Insurance Co. Ltd.
This insurance company has a joint venture with the State Bank of India and Cardiff SA of France. It is considered as India’s largest banking franchise with seven associate banks. There are about 14,000 SBI groups of network branches across the country which is the largest in world record.
3. Aetna Life Insurance Co. Ltd.
Aetna is one of the most active health insurance companies in the US. Its Health Care division offers PPOs, point-of-service (POS) plans, HMO, health savings accounts, and traditional indemnity coverage, along with dental, vision, behavioral health, and Medicare plans. Aetna covers more than 15 million individuals, and 13 million dental plan members, with 10 million pharmacy members.
Aetna offers a broad range of traditional and consumer-directed health insurance products and related services as well as medical management capabilities and health care management services for Medicaid plans.
4. CIGNA Corporation
It is one of the top US health insurers, CIGNA covers more than 9 million people with its various medical plans. CIGNA also offers health coverage in the form of dental, vision, pharmacy, and behavioral health; and it sells group accident, life, and disability insurance. Internationally, the company built its name in parts of Asia, European Union, and Chile and provides health coverage to expatriate employees of multi-national companies.
5. UnitedHealth Group Incorporated
The second largest health insurer in the US (behind WellPoint), it operates through four business segments and offers a variety of health care plans and services.
There are 2 segments under this group, which one of it is handling the health plans for large companies, Specialized Care Services for vision and dental care while the other segment provides health information consulting and publishing, as well as clinical research and drug marketing services.
6. WellPoint, Inc.
The nation largest health insurer. Through its subsidiaries, WellPoint provides health coverage, primarily under the Blue Cross and Blue Shield name. It provides plans under the Unicare name in other parts of the country.
WellPoint offers a broad range of managed care plans to employers, individuals, and recipients of Medicare and Medicaid.
7. AON corporation group
Utilizing the specialized knowledge of affinity program experience with the extensive resources of a Fortune 250 company, AON is referring an individual insurance plan offering unparalleled personal service and account management.
Ongoing research of insurance trends and member needs allow Aon Affinity to continually deliver competitively priced world-class individual health insurance as well as life, short and long term disability and vision insurance products.
Also it excels at using technology to enhance the client and member experience. Customers have access to interactive voice response phone systems and online e-commerce tools for self-service functions
8. Nippon Life
Is the largest provider of life insurance in Japan and one of the world’s largest insurance companies in terms of total assets and policies in force. The company’s core business is life insurance. The company also offers non-life products and medical treatment, long-term care, as well as asset management/asset formation products.
Nippon Life Benefits is the leading provider of insurance products and financial services to Japanese affiliated businesses in the U.S. They are successful because of the strong customer relationship with excellent service.
They have been in business for 15 years, and Nippon Life Insurance, was ranked 56th in the 2005 Fortune Global 500.
9. ING Insurance Berhad
ING was founded in 1991 by a merger between Nationale-Nederlanden and NMB Postbank Group. A global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 50 countries.
ING is one of the world’s biggest providers of financial services. ING has been a trusted name for tens of millions of customers in over 50 countries globally, and over 20 million in the 13 markets in Asia in which they operate drawing on their experience and commitment to out-standing service.
10. Allianz Life Insurance Company
They offer a wide variety of innovative life insurance products which are high in flexibility. They also offer comprehensive portfolio of variable annuities and focus on long-term retirement goals and wealth management needs. Their variable annuities come with guarantees designed to help you protect your investments during various market conditions.
They also have long term care insurance products to help you protect the wealth you have worked hard to accumulate. Long term care insurance can help you do that by helping to pay for the care you need over the long run.