Thursday 5 December 2013

What is Health Insurance | Which Health Insurance is Best for you | Best Health Plans

Define Health Insurance :                     
                                                     Health insurance is always a hot topic politically. At the end of the day, what matters most is the protection it offers you and your family. The right health insurance plan gives you peace of mind when you or someone you love becomes ill.. Many people still get their health insurance through an employer, but if you are a student or self employed, it might make sense to access insurance that is not dependent on any one workplace. You can get excellent coverage without the help of a company plan.
Health Insurance Wallpaper With a red Heart
       In a More technical sense, the term is used to describe any form of insurance that provides protection against the costs of medical services,. This usage includes private insurance and social insurance programs such as Medicare and Social Security that grow from 7.5 percent of GDP today to almost 13 percent of GDP by 2030. Already the two programs consume over a third of federal budget. 


Alrighty now back to our main question Which Health Insurance is best for you ?


1. #UnitedHealth Group 
Type   : Public
Traded as NYSE: UNH
Dow Jones Industrial Average Component
S&P 500 Component
Industry Managed health care
Founded 1977
Headquarters Minnetonka, Minnesota, USA
Key people Stephen Hemsley, CEO; Richard T. Burke,Non-Executive Chairman
Products Uniprise, Golden Rule, Health Care Services, Specialized Care Services, and Ingenix
Revenue Increase US$ 101.862 Billion (2011)
Net income Increase US$ 5.142 Billion (2011)
Total assets Increase US$ 67.88 Billion (2011)
Total equity Increase US$ 28.29 Billion (2011)
Employees 133,000+ (2012)worldwide
Website http://www.unitedhealthgroup.com

2 #WELLPOINT
WellPoint Inc.

Type  Public
Traded as NYSE: WLP
S&P 500 Component
Industry Managed health care
Founded Anthem Insurance and WellPoint Health Networks merger in 2004
Headquarters Indianapolis, Indiana, USA
Key people Joseph R. Swedish - CEO
Products Blue Cross Blue Shield
Revenue Increase US$61.3 Billion (FY 2008)
Net income Increase US$2.49 Billion (FY 2008)
Total assets Decrease US$48.4 Billion (FY 2008)
Total equity Decrease US$21.4 Billion (FY 2008)
Employees 37,000+
Website www.wellpoint.com


3 #KAISER FOUNDATION GROUP

Kaiser Permanente
Type  :     Nonprofit
Industry Healthcare
Founded 1945
Founder(s) Henry J. Kaiser
Sidney R. Garfield
Headquarters Ordway Building
Oakland, California, USA
Key people Bernard J Tyson,
Health Plan and Hospitals CEO
Jack Cochran, M.D.,
Federation Executive Director
see section below
Revenue Increase $47.9 billion USD (2011)
Net income Increase $1.6 billion USD (2011)
Employees 181,900 total
164,098 employees (2009)
15,129 physicians (2008)
Official Website :  kp.org




4 #Aetna Inc.
Type : Public 
S&P 500 Component
Traded as NYSE: AET
Industry Managed health care
Founded 1853
Founder(s) Eliphalet Adams Bulkeley
Headquarters Hartford, Connecticut, U. S.
Area served United States
Key people Mark T. Bertolini
(Chairman, CEO, President)
Products Healthcare plans
Revenue
Decrease $ 32.7 billion (FY 2011)
Operating income Increase $ 3.08 billion (FY 2011)
Net income Increase $ 1.99 billion (FY 2011)
Total assets Increase $ 16.5 billion (FY 2011)
Total equity Increase $ 10.1 billion (FY 2011)
Employees 33,300 (December 2011)
Official Website :  www.Aetna.com 


5 #American Family Insurance
Type  : Mutual
Industry Insurance & Finance
Founded 1927
Headquarters Madison, Wisconsin, USA
Key people Jack Salzwedel, Chairman and CEO
Products         Auto, Home, Life, Health and Commercial Insurance
Revenue         Increase$6.742 billion USD (2008)
Net income Increase$360.5 million USD (2012)
Website American Family Insurance - www.amfam.com

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