UnitedHealth, CareFirst, CVS, and Cigna Dominate Maryland's Self-Insured Health Plan Market

Industry
โดย Business Wire·Read original
Summary · why it matters

Mark Farrah Associates has released a comparative analysis of the top Administrative Services Only companies in Maryland, identifying UnitedHealth, CareFirst, CVS, and Cigna as the four leading administrators based on number of contracts. Together, these four companies cover 98 percent of the state's self-insured marketplace. CareFirst is the largest administrator in Maryland, while UnitedHealth covers employers in all counties and is the top administrator in six of those counties. CVS and Cigna also maintain a large ASO presence for employer contracts but do not cover as many counties as CareFirst and UnitedHealth.

Impact on stocks 5

Health Care▲ · 3 stocks
Cigna Corp
CI
▲ PositiveDemandrelevance

Cigna is identified as one of the four leading ASO administrators in Maryland, covering a significant portion of the self-insured market.

CVS Health Corp
CVS
▲ PositiveDemandrelevance

CVS is identified as one of the four leading ASO administrators in Maryland, maintaining a large ASO presence for employer contracts.

Aging Population▲ · 1 stocks
UnitedHealth Group Incorporated
UNH
▲ PositiveDemandrelevance

UnitedHealth is a top ASO administrator in Maryland, covering employers in all counties and being the top administrator in six counties.

Consumer Staples▲ · 1 stocks

Off-coverage companies 1

CareFirstPrivate▲ Positive
Demandrelevance

CareFirst is the largest ASO administrator in Maryland, covering the largest share of the self-insured marketplace.

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