CSG Actuarial has reviewed the 2014 NAIC data on the Hospital Indemnity market and determined the top 5 carriers in 2014 earned premiums, which represent 76% of the market overall. They are:
2. State Faf
4. Triple S
Of the top 10 carriers based on policies held, only three saw their number of policies increase from 2013 to 2014:
State Farm 2%
Guarantee Trust 17%
Overall claim loss ratio in the Hospital Indemnity market decreased again in 2014 to 48.3%.
*Data based on the “Other Health – Total” product description from NAIC A&H Experience exhibit.
For more information, view the latest rates and underwriting data within our Hospital Indemnity Quoting Tool.
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