According to the data, among all firms, the percentage of employees covered by self-funded plans had increased from 44 percent in 1999 to a record high of 67 percent in 2020 before decreasing slightly to 65 percent in 2023. Self-funded plans are those in which companies choose to pay for some or all of the health services of their workers directly rather than purchasing health insurance for them. This statistic depicts the percentage of workers covered by self-funded health insurance plans in the U.S. from 1999 to 2023.

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Health Insurance Market Size 2025-2029

The health insurance market size is forecast to increase by USD 1,341 billion at a CAGR of 7.3% between 2024 and 2029.

The market experiences robust growth, fueled by the increasing demand for comprehensive coverage due to heightened healthcare awareness and a growing emphasis on preventive health. This trend is further driven by the escalating costs of healthcare services and medical treatments, which underscores the importance of insurance as a financial safeguard. However, market expansion encounters significant challenges. Regulatory hurdles impact adoption, as governments and regulatory bodies implement stringent regulations to ensure affordability and accessibility for consumers. Supply chain inconsistencies, such as disparities in provider networks and reimbursement rates, temper growth potential. This is particularly evident in the rising prevalence of chronic conditions such as cancer, stroke, and kidney failure, which necessitate ongoing medication and hospitalization. Additionally, another trend is the shift towards online sales and digital platforms for purchasing insurance policies and accessing healthcare services.
To capitalize on opportunities and navigate challenges effectively, companies must stay informed of regulatory changes and collaborate with healthcare providers to streamline operations and maintain competitive pricing. By focusing on innovation, transparency, and customer-centric solutions, insurers can differentiate themselves in a competitive landscape and meet the evolving needs of health-conscious consumers.

What will be the Size of the Health Insurance Market during the forecast period?

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In the dynamic market, chronic disease management and mental health coverage have emerged as significant areas of focus. Health insurance networks strive to offer comprehensive solutions, integrating geriatric care, preventive care, and end-of-life care into their offerings. Innovation drives the industry, with wellness programs, home health care, and telemedicine becoming increasingly popular. Compliance with regulations, including those related to maternity care, newborn care, and substance abuse treatment, is crucial.
Specialty care and provider networks continue to shape the landscape, while ethics and claims processing remain critical components of health insurance services. Incorporating mental health coverage into plans and addressing the needs of the aging population are key trends shaping the market.

How is this Health Insurance Industry segmented?

The health insurance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Public
  Private


Type

  Life insurance
  Term insurance


Age Group

  Adults
  Senior citizens
  Minors


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Service Insights

The public segment is estimated to witness significant growth during the forecast period.

In the dynamic market, various entities play crucial roles in shaping its landscape. Public organizations, such as the National Health Service (NHS) in the UK and Medicare in Australia, are leading providers due to increased government involvement in ensuring universal healthcare access. These programs offer comprehensive coverage, affordable premiums, and a focus on preventive care. Collaborations with commercial insurers, legislative frameworks, and investments in healthcare infrastructure further expand their reach. Quality is a top priority, with health insurance advisors and brokers facilitating the selection of plans that best fit businesses and individuals. Prescription drug coverage is a significant consideration, and self-funded health insurance and health reimbursement arrangements offer flexibility for employers.

Group health insurance and individual health insurance provide different solutions for various needs, with portability ensuring continuity. Health insurance cybersecurity and technology are essential, with health insurance portals, virtual care, and telemedicine transforming the industry. Health savings accounts, flexible spending accounts, and out-of-pocket maximums help manage costs. Managed care and employer-sponsored health insurance are common, with health insurance plans catering to diverse needs. Regulations and compliance are critical, with long-term care insurance addressing specific healthcare requirements. Disability insurance and life insurance provide additional coverage, while the marketing and transparency ensure consumer understanding. Point-of-service (POS) plans and dental/vision insurance of

The US Health and Medical Insurance Market is Segmented by Coverage Type (Employer-Sponsored, Individual (ACA / Non-Group), and More), Plan Type (HMO, PPO, EPO, and More), Insurance Type (Major Medical (Comprehensive), Medicare Supplement, and More), Distribution Channel (Direct To Consumer, Brokers & Agents, and More), and Region (Northeast, Midwest, and More). The Market Forecasts are Provided in Terms of Value (USD).

According to the data, among all firms, 67 percent of employees were covered by preferred provider organization (PPO) self-funded insurance. Self-funded plans are those in which the employer assumes direct financial responsibility for the costs of enrollees’ medical claims rather than purchasing health insurance for them. This statistic depicts the percentage of workers covered by self-funded insurance plans in the U.S. in 2023, by plan type and firm size.

Analysis of ‘Health Insurance Coverage’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/hhs/health-insurance on 28 January 2022.

--- Dataset description provided by original source is as follows ---

Context

The Affordable Care Act (ACA) is the name for the comprehensive health care reform law and its amendments which addresses health insurance coverage, health care costs, and preventive care. The law was enacted in two parts: The Patient Protection and Affordable Care Act was signed into law on March 23, 2010 by President Barack Obama and was amended by the Health Care and Education Reconciliation Act on March 30, 2010.

Content

This dataset provides health insurance coverage data for each state and the nation as a whole, including variables such as the uninsured rates before and after Obamacare, estimates of individuals covered by employer and marketplace healthcare plans, and enrollment in Medicare and Medicaid programs.

Acknowledgements

The health insurance coverage data was compiled from the US Department of Health and Human Services and US Census Bureau.

Inspiration

How has the Affordable Care Act changed the rate of citizens with health insurance coverage? Which states observed the greatest decline in their uninsured rate? Did those states expand Medicaid program coverage and/or implement a health insurance marketplace? What do you predict will happen to the nationwide uninsured rate in the next five years?

--- Original source retains full ownership of the source dataset ---

Ebitda Time Series for Horace Mann Educators Corporation. Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, and benefit specialists, as well as direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.

The global health insurance market, valued at $131.62 billion in 2025, is poised for significant growth. While the exact Compound Annual Growth Rate (CAGR) is unspecified, considering the consistent expansion of healthcare needs globally and increasing health awareness, a conservative estimate of 5-7% CAGR for the forecast period (2025-2033) seems reasonable. This growth is fueled by several key drivers. Rising disposable incomes, particularly in developing economies, are leading to increased affordability of health insurance plans. Furthermore, government initiatives promoting health insurance coverage and favorable regulatory environments in many regions contribute to market expansion. Technological advancements, such as telehealth and digital health platforms, are streamlining processes, improving access, and boosting efficiency, further stimulating growth. The market is segmented by type (insured liability, payment method), and application (personal, enterprise), allowing for targeted strategies. Key players such as Anthem, UnitedHealth Group, and others are leveraging these trends through strategic partnerships, product innovations, and geographic expansion to capture market share. However, the market faces challenges. Cost containment remains a critical concern for both insurers and consumers. The increasing prevalence of chronic diseases necessitates expensive long-term care, placing upward pressure on premiums. Regulatory hurdles and varying healthcare systems across regions present complexities for insurers operating internationally. Furthermore, the market's competitive landscape is highly dynamic, with established players vying with new entrants, necessitating continuous innovation and adaptability for sustained success. Despite these restraints, the long-term outlook for the global health insurance market remains positive, driven by increasing health consciousness, technological disruptions, and expanding coverage initiatives worldwide. The market segmentation by application allows for differentiated strategies, with the enterprise segment witnessing strong growth due to increased employer-sponsored health benefits.

The size of the Indonesia Health and Medical Insurance Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. The health and medical insurance industry is a sector that provides financial protection to individuals and organizations against the costs of healthcare. It operates by offering policies where insurers cover medical expenses in exchange for regular premiums. The industry plays a crucial role in facilitating access to medical services, allowing individuals to seek care without facing prohibitive costs. Insurance policies typically cover a range of services, including doctor visits, hospital stays, surgeries, prescription medications, and preventive care, depending on the plan. There are various types of health insurance, such as individual, family, employer-sponsored, and government-backed plans. Government involvement is prominent in many countries, offering public healthcare programs like Medicare and Medicaid in the U.S. or national health services in other nations. Private health insurance companies operate alongside these public systems, providing more personalized coverage options and supplemental plans. This growth is primarily driven by the rising disposable income, growing awareness of health insurance, increasing health expenditure, and government initiatives to expand health coverage. Indonesia's rapidly aging population, urbanization, and increasing lifestyle-related diseases are also contributing factors to the market growth. The Indonesian insurance sector is dominated by state-owned insurance companies such as PT Reasuransi Indonesia Utama (Persero) and private insurance companies such as Allianz Care, PT Sun Life Financial Indonesia, AXA Indonesia, AIA Financial Indonesia, ManuLife Indonesia, Prudential Indonesia, Cigna Insurance, AVIVA, PT Great Eastern Life Indonesia, BNI Life, and BCA Life. Recent developments include: June 2022: Allianz Asia Pacific and HSBC have signed a 15-year extension of their strategic partnership. As part of the partnership, HSBC will be distributing Allianz insurance products., April 2022: PT Sun Life Financial Indonesia, a subsidiary of Sun Life Financial Inc., and PT Bank CIMB Niaga Tbk are in a strategic partnership in Indonesia. This partnership combines Sun Life Indonesia's comprehensive range of insurance solutions and expert Client care across all life stages with CIMB Niaga's extensive distribution network of 427 branches serving seven (7) million customers across Indonesia.. Key drivers for this market are: Digitalization is Driving the Market. Potential restraints include: Economic Disparities are Restraining the Market. Notable trends are: Public Health Insurance is Dominating the Market.

Total-Cash-From-Operating-Activities Time Series for Horace Mann Educators Corporation. Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, and benefit specialists, as well as direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.

Total-Cashflows-From-Financing-Activities Time Series for Horace Mann Educators Corporation. Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, and benefit specialists, as well as direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.

Investments Time Series for UnitedHealth Group Incorporated. UnitedHealth Group Incorporated operates as a health care company in the United States and internationally. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older; Medicaid plans, children's health insurance and health care programs; and health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage. The Optum Health segment provides care delivery, care management, wellness and consumer engagement, and health financial services patients, consumers, care delivery systems, providers, employers, payers, and public-sector entities. The Optum Insight segment offers software and information products, advisory consulting arrangements, and managed services outsourcing contracts to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. The Optum Rx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and community health pharmacy services, infusion, and purchasing and clinical capabilities, as well as develops programs in the areas of step therapy, formulary management, drug adherence, and disease and drug therapy management. UnitedHealth Group Incorporated was founded in 1974 and is based in Eden Prairie, Minnesota.

This survey is a continuation of the study sponsored by the Metropolitan Life Insurance Company Survey (Harris 11699) aimed at American Teachers of 2000. It focuses on teachers' opinion on personal involvement at work, viewpoint on students interests, evaluation of students' lives, students' support systems, students' aspirations. School characteristics are also collected. Demographic variables include: teaching grade, main subject, number of years of service, age of planned retirement, year of birth, sex, Hispanic origin, and race.

A comprehensive dataset of Green Card sponsorship trends, including data on employment-based Green Cards, labor certifications, top employers, and industry trends.

Release Date: 2016-09-23..Table Name. . Statistics for Owners of Respondent Employer Firms by Whether the Business Provided the Owner's Primary Source of Personal Income by Sector, Gender, Ethnicity, Race, Veteran Status, and Years in Business for the U.S., States, and Top 50 MSAs: 2014. ..Release Schedule. . This file was released in September 2016.. ..Key Table Information. . These data are related to all other 2014 ASE files.. Refer to the Methodology section of the Annual Survey of Entrepreneurs website for additional information.. ..Universe. . The universe for the 2014 Annual Survey of Entrepreneurs (ASE) includes all U.S. firms with paid employees operating during 2014 with receipts of $1,000 or more which are classified in the North American Industry Classification System (NAICS) sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. total.. For Characteristics of Business Owners (CBO) data, all estimates are of owners of firms responding to the ASE. That is, estimates are based only on firms providing gender, ethnicity, race, or veteran status; or firms not classifiable by gender, ethnicity, race, and veteran status that returned an ASE online questionnaire with at least one question answered. The ASE online questionnaire provided space for up to four owners to report their characteristics.. CBO data are not representative of all owners of all firms operating in the United States. The data do not represent all business owners in the United States.. ..Geographic Coverage. . The data are shown for:. . United States. States and the District of Columbia. The top fifty most populous metropolitan areas. . ..Industry Coverage. . The data are shown for the total of all sectors (00) and the 2-digit NAICS code level.. ..Data Items and Other Identifying Records. . Statistics for Owners of Respondent Employer Firms by Whether the Business Provided the Owner's Primary Source of Personal Income by Sector, Gender, Ethnicity, Race, Veteran Status, and Years in Business for the U.S., States, and Top 50 MSAs: 2014 contains data on:. . Number of owners of respondent firms with paid employees. Percent of number of owners of respondent firms with paid employees. . The data are shown for:. . Gender, ethnicity, race and veteran status of owners of respondent firms. . All owners of respondent firms. Female. Male. Hispanic. Non-Hispanic. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Some other race. Minority. Nonminority. Veteran. Nonveteran. . . Years in business. . All firms. Firms less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business. . . Whether the business was the primary income source for owner in 2014. . Business was the owner's primary source of personal income. Business was not the owner's primary source of personal income. Total reporting. Item not reported. . . . ..Sort Order. . Data are presented in ascending levels by:. . Geography (GEO_ID). NAICS code (NAICS2012). Gender, ethnicity, race, and veteran status (ASECBO). Years in business (YIBSZFI). Whether the business was the primary income source for owner in 2014 (PRMINC). . The data are sorted on underlying control field values, so control fields may not appear in alphabetical order.. ..FTP Download. . Download the entire SE1400CSCBO05 table at: https://www2.census.gov/programs-surveys/ase/data/2014/SE1400CSCBO05.zip. ..Contact Information. . To contact the Annual Survey of Entrepreneurs staff:. . Visit the website at https://www.census.gov/programs-surveys/ase.html.. Email general, nonsecure, and unencrypted messages to ewd.annual.survey.of.entrepreneurs@census.gov.. Call 301.763.1546 between 7 a.m. and 5 p.m. (EST), Monday through Friday.. Write to:. U.S. Census Bureau. Annual Survey of Entrepreneurs. 4600 Silver Hill Road. Washington, DC 20233. . . ...Data User Notice posted on June 9, 2017: Census Bureau staff identified a processing error that affects selected data from the 2014 Annual Su...