2020 Largest Accident and Health Insurance Companies in Michigan

Ranked by Michigan Market Share (amounts in thousands of dollars)
336
health insurance
Stock photo

1. BLUE CROSS BLUE SHIELD OF MICHIGAN MUTUAL INSURANCE CO.
600 E. Lafayette Blvd.
Detroit 48226
313-225-9000
bcbsm.com
Assets: $8,990,372
Surplus: $4,933,243
Michigan Direct Premiums Written: $9,165,219
Michigan Market Share: 27.89%
Type: LH-MUT

2. BLUE CARE NETWORK OF MICHIGAN
20500 Civic Center Dr.
Southfield 48076
248-799-6400
mibcn.com
Assets: $2,402,759
Surplus: $1,609,354
Michigan Direct Premiums Written: $4,244,143
Michigan Market Share: 12.91%
Type: HMO-NP

3. PRIORITY HEALTH
1231 E. Beltline Ave. NE
Grand Rapids 49525
833-489-5443
priorityhealth.com/aboutus
Assets: $1,253,780
Surplus: $759,816
Michigan Direct Premiums Written: $3,183,462
Michigan Market Share: 9.69%
Type: HMO-NP

4. MERIDIAN HEALTH PLAN OF MICHIGAN INC.
1 Campus Martius, Ste. 700
Detroit 48226
313-324-3700
mhplan.com
Assets: $423,196
Surplus: $169,850
Michigan Direct Premiums Written: $1,934,691
Michigan Market Share: 5.89%
Type: HMO-P

5. MOLINA HEALTHCARE OF MICHIGAN INC.
880 W. Long Lake Rd.
Troy 48098
248-925-1700
molinahealthcare.com
Assets: $498,543
Surplus: $237,187
Michigan Direct Premiums Written: $1,791,678
Michigan Market Share: 5.45%
Type: HMO-P

6. HEALTH ALLIANCE PLAN OF MICHIGAN
2850 W. Grand Blvd.
Detroit 48202
313-872-8100
hap.org
Assets: $515,797
Surplus: $254,711
Michigan Direct Premiums Written: $1,470,811
Michigan Market Share: 4.48%
Type: HMO-NP

7. UNITED HEALTHCARE COMMUNITY PLAN INC.
26957 Northwestern Hwy., Ste. 400
Southfield 48034
800-903-5253
uhccommunityplan.com
Assets: $260,935
Surplus: $131,258
Michigan Direct Premiums Written: $876,723
Michigan Market Share: 2.67%
Type: HMO-P

8. HUMANA INSURANCE CO.
26600 Telegraph Rd., Ste. 220
Southfield 48033
800-486-2620
humana.com
Assets: $7,233,381
Surplus: $3,720,673
Michigan Direct Premiums Written: $866,501
Michigan Market Share: 2.64%
Type: LH-STK

9. UNITED HEALTHCARE INSURANCE CO.
26957 Northwestern Hwy., Ste. 400
Southfield 48034
877-832-7734
uhc.com
Assets: $20,752,474
Surplus: $8,128,232
Michigan Direct Premiums Written: $813,123
Michigan Market Share: 2.47%
Type: LH-STK

10. BLUE CROSS COMPLETE OF MICHIGAN
100 Galleria Officentre, Ste. 210
Southfield 48034
800-228-8554
mibluecrosscomplete.com
Assets: $271,083
Surplus: $106,594
Michigan Direct Premiums Written: $755,846
Michigan Market Share: 2.30%
Type: HMO-NP

11. MCLAREN HEALTH PLAN INC.
G-3245 Beecher Rd.
Flint 48532
888-327-0671
mclarenhealthplan.org
Assets: $277,933
Surplus: $115,891
Michigan Direct Premiums Written: $734,877
Michigan Market Share: 2.24%
Type: HMO-NP

12. DELTA DENTAL PLAN OF MICHIGAN
4100 Okemos Rd.
Okemos 48864
800-524-0149
deltadentalmi.com
Assets: $622,401
Surplus: $439,498
Michigan Direct Premiums Written: $687,986
Michigan Market Share: 2.09%
Type: HMDI

13. AETNA LIFE INSURANCE CO.
28588 Northwestern Hwy.
Southfield 48034
248-208-8600
aetna.com
Assets: $20,230,650
Surplus: $3,697,149
Michigan Direct Premiums Written: $419,542
Michigan Market Share: 1.28%
Type: LH-STK

14. PRIORITY HEALTH CHOICE INC.
1231 E. Beltline NE
Grand Rapids 49525
833-489-5443
priorityhealth.com/about-us
Assets: $129,323
Surplus: $76,213
Michigan Direct Premiums Written: $397,029
Michigan Market Share: 1.21%
Type: HMO-NP

15. (TIE) AETNA BETTER HEALTH OF MICHIGAN INC.
1333 Gratiot Ave., Ste. 400
Detroit 48207
313-465-1500
aetnabetterhealth.com/michigan/
Assets: $136,487
Surplus: $54,596
Michigan Direct Premiums Written: $295,485
Michigan Market Share: 0.90%
Type: HMO-P

15. (TIE) ALLIANCE HEALTH AND LIFE INSURANCE CO.
(Part of Health Alliance Plan of Michigan)
2850 W. Grand Blvd.
Detroit 48202
313-872-8100
hap.org
Assets: $133,962
Surplus: $53,752
Michigan Direct Premiums Written: $294,998
Michigan Market Share: 0.90%
Type: LH-STK

17. (TIE) PRIORITY HEALTH INSURANCE CO.
1231 E. Beltline Ave. NE
Grand Rapids 49525
833-489-5443
priorityhealth.com/about-us
Assets: $119,713
Surplus: $55,631
Michigan Direct Premiums Written: $249,047
Michigan Market Share: 0.76%
Type: LH-STK

17. (TIE) UPPER PENINSULA HEALTH PLAN, LLC
853 W. Washington St.
Marquette 49855
906-225-7500
uphp.com
Assets: $97,591
Surplus: $55,741
Michigan Direct Premiums Written: $251,395
Michigan Market Share: 0.76%
Type: HMO-P

19. PHYSICIANS HEALTH PLAN
1400 E. Michigan Ave.
Lansing 48912
517-364-8400
phpmichigan.com
Assets: $83,135
Surplus: $49,498
Michigan Direct Premiums Written: $200,702
Michigan Market Share: 0.61%
Type: HMO-NP

20. SIERRA HEALTH AND LIFE INSURANCE CO., TOTAL HEALTH CARE INC.
2716 N. Tenaya Way
Las Vegas 89128
855-531-9155
sierrahealthandlife.com
Assets: $4,126,484
Surplus: $2,116,487
Michigan Direct Premiums Written: $193,345
Michigan Market Share: 0.59%
Type: LH-STK

SUBTOTALS
Assets: $68,510,000
Surplus: $26,765,374
Michigan Direct Premiums Written: $28,826,602
Michigan Market Share: 87.71%

Key/Definitions:
HMDI (Health, Medical, Dental Indemnity): Nonprofit insurance carriers governed under specific Michigan laws.
HMO-P, NP (Health Maintenance Organization – For Profit/Not for Profit): Deliver health care through contracted providers.
LH-STK (Life and Health — Stock Companies): Stockholder-owned companies authorized to sell life insurance and/or health insurance.
Assets: Investments, cash on hand, items of value.
Surplus: Assets minus obligations.
Michigan Direct Premiums Written: Premiums written directly to Michigan consumers from insurance companies.

Source: Michigan Department of Insurance and Financial Services, 2019 Annual Report (for 2018 activity)

Facebook Comments