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Market
Share
Source:
Montana State Insurance Commissioner's Office
Companies
with less than 1% market share or less than $5,000,000 direct
premiums written are not represented.
At
the end of 1998, Blue Cross Blue Shield of Montana (BCBSMT) had
written $238,947,708 in direct premiums, amounting to 44.39%
of the market share. Its nearest competitor, United Healthcare
Ins. Co., had 4.83% of the market, having written $25,979,810
in direct premiums. Interestingly, BCBSMT also is co-owner of
the third largest insurance company in Montana, Yellowstone Community
Health Plan. Yellowstone Community Health Plan (YCHP) is a for
profit organization, whereas BCBSMT is a non-profit organization.
BCBSMT does not pay taxes on the $238,947,708 it has written
in direct premiums for 1998.
According
to Kaiser Family Foundation Research in 1999, 90% of firms with
3-199 workers offered only one health plan. How much choice do
you have?
Contact ACHE at:
|
P.O.
Box 282 |
Helena, MT 59624 |
|
1-888-366-ACHE |
(406) 442-6629 |
|
Fax: (406) 442-6623 |
www.ache-montana.com |
|
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