Direct Health & Medical Insurance Carriers
Key Figures
Figures are published for NAICS 524114 directly.
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Official definition
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) health and medical insurance policies. Group hospitalization plans and HMO establishments that provide health and medical insurance policies without providing health care services are included in this industry.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Establishments that underwrite health and medical insurance policies are classified in Direct Health and Medical Insurance Carriers, including group hospitalization plans and HMOs that issue policies without delivering health care services themselves. Direct Life Insurance Carriers, by contrast, underwrite annuities, life insurance, disability income insurance, and accidental death and dismemberment policies, with no health and medical insurance component.