2025 Direct Life, Health & Medical Insurance Carriers Industry Report

Industry Overview

This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, accidental death and dismemberment insurance policies, and health and medical insurance policies.
Source: US Census Bureau

Market Size and Industry Forecast

The Direct Life, Health and Medical Insurance Carriers industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Direct Life, Health & Medical Insurance Carriers industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Direct Life, Health & Medical Insurance Carriers companies in the United States.

Distribution by Company Size

Company Size	All Industries	Direct Life, Health & Medical Insurance Carriers
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Direct Life, Health & Medical Insurance Carriers Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Direct Life, Health & Medical Insurance Carriers Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Health and medical insurance products - premiums
Comprehensive medical service plans
Annuity products
Life insurance products - premiums
Indiv serv med cov plans (incl supp medicare, champus, & oth)
Variable deferred annuities
Individual whole life - premiums
Fixed rate deferred annuities
Other products

Direct Life, Health & Medical Insurance Carriers Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	10%
Chief Executives	0%
General and Operations Managers	2%
Business and Financial Operations Occupations	22%
Business Operations Specialists	17%
Claims Adjusters, Appraisers, Examiners, and Investigators	6%
Claims Adjusters, Examiners, and Investigators	6%
Computer and Mathematical Occupations	14%
Computer Occupations	12%
Healthcare Practitioners and Technical Occupations	7%
Health Diagnosing and Treating Practitioners	5%
Sales and Related Occupations	6%
Office and Administrative Support Occupations	39%
Information and Record Clerks	19%
Customer Service Representatives	18%
Customer Service Representatives	18%
Other Office and Administrative Support Workers	11%
Insurance Claims and Policy Processing Clerks	8%
Insurance Claims and Policy Processing Clerks	8%

Government Contracts

The federal government spent an annual total of $1,397,908,425 on the direct life, health & medical insurance carriers industry. It has awarded 767 contracts to 68 companies, with an average value of $20,557,477 per company.

Top Companies in Direct Life, Health & Medical Insurance Carriers and Adjacent Industries

Company	Address	Revenue ($ Millions)