10 Largest Health Insurance Companies by Membership

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2. Anthem Inc (NYSE:ANTM)

Indiana-based Anthem is the second-largest health insurance provider in terms of membership. Anthem Inc (NYSE:ANTM)’s membership in 2016 increased by 3.4% to reach 39.4 million. That growth was mainly driven by Medicaid membership, which falls under the Affordable Care Act. Anthem Inc (NYSE:ANTM)’s $54 billion merger with Cigna was recently blocked by a U.S appeals court, which upheld a lower court’s decision that the merger would result in higher prices in the market.

10 Largest Health Insurance Companies by Membership

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