In 2023, the total value of direct premiums written by private health insurance companies amounted to approximately 1.2 trillion U.S. dollars. This is more than double the 459.27 billion U.S. dollars recorded ten years prior in 2013, and over 200 billion U.S. dollars higher than the value recorded in 2022. Note these totals include direct premiums written under the Medicare and Medicaid programs, both of which are (largely) public funded.
Direct premiums written by the health insurance industry in the United States from 2011 to 2023
(in billion U.S. dollars)
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NAIC. (June 20, 2024). Direct premiums written by the health insurance industry in the United States from 2011 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/
NAIC. "Direct premiums written by the health insurance industry in the United States from 2011 to 2023 (in billion U.S. dollars)." Chart. June 20, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/
NAIC. (2024). Direct premiums written by the health insurance industry in the United States from 2011 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/
NAIC. "Direct Premiums Written by The Health Insurance Industry in The United States from 2011 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/
NAIC, Direct premiums written by the health insurance industry in the United States from 2011 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/ (last visited November 17, 2024)
Direct premiums written by the health insurance industry in the United States from 2011 to 2023 (in billion U.S. dollars) [Graph], NAIC, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/1276474/direct-premiums-written-health-insurance-usa/
