Employment Based Insurance Was The Largest Type Of Health Insurance In The Us
The total number of uninsured people in the US grew from 43.0 million in 2005 to 49.9 million in 2010 at a 5 year CAGR of 3.0%
. The private insurance coverage is mainly employer sponsored. This negative change in the employment status led to decreased earnings and resulted into a decline in the number of people under the employer insurance coverage.Premium prices have more than doubled over the period. The cost of an employer-based family coverage plan increased from 12% to 22% of family income over the decade. The health insurance premium surged as a percentage of private sector employee compensation from ~% in 1999 to ~% in 2009 thus cutting down the wages of the workers. Small businesses were considerably hit with the proportion of small employers providing health insurance reducing from ~% to ~% between 1999 and 2009.
UnitedHealth Group is the leading health insurance provider in the US with a market share of ~% and direct premium written worth USD ~ billion in 2010. The company conducts its operations through two businesses, United Healthcare and Optum. WellPoint is the second largest health insurance provider in the US with total premium written USD ~billion.
The report titled The US Health Insurance Industry Outlook to 2015 Promising Health Reforms to Stimulate Industry Growth provides a comprehensive analysis on the Health Insurance market in the US covering various aspects such as market size of the health insurance industry on the basis of total premium written and total number of people with health insurance, market segmentation by Comprehensive, Medicaid, Medicare and FEHBP, and by health insurance coverage. The report also provides information on the government regulations and health insurance industry value chain. The report also entails competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the US Health insurance industry.
Key Topics Covered in the Report:
The market size of the US Health insurance industry by direct premium written and by total number of insured people
Market Segmentation on the basis of Comprehensive, Medicaid, Medicare and FEHBP, and by health insurance coverage.
Value chain of the industry.
Government regulations affecting health insurance industry.
Trends and developments pertaining to the industry.
Competitive Landscape and Profiles of the major players
Cause and Effect Relationship Analysis between industry factors and expected Health Insurance Industry Prospects
Future outlook and projections of the US health insurance industry in terms of total premium written.
Macroeconomic and industry factors affecting the industry
For more information, please refer to the link below:
http://ammindpower.com/report.php?A=263
by: AM Mindpower Solutions Group Health Insurance-how It Can Help Every Employee Good And Bad Health Insurance News Compare Health Insurance Uk - Who Requires One What Methods Helps To Make Cheap Health Insurance Effective How To Buy Ohio Individual Health Insurance Important New Considerations The Importance Of Family Health Insurance Plans Health Insurance Premiums For Pre-existing Conditions Get Benefits Of Affordable Georgia Health Insurance Plans Family Comes First With Health Insurance Understanding The Need For Student Health Insurance Health Insurance Options For Young Adults Acquiring Affordable Health Insurance Online Health Insurance Kentucky Be Aware, Be Prepared