Market Overview

Health insurance offers financial compensation for healthcare bills to policyholders while they are hospitalized. Health costs are incurred as a result of medical care charges and treatment for any sickness, accident, or other mental and physical disability. Health insurance shall compensate for such medical expenses in exchange for a monthly premium or a payroll tax to provide health benefits. The insurer is obliged to cover the medical costs of the policyholder until the end of the policy. Depending on the policy, coverage may vary depending on a number of factors, including diseases, age groups, government policies, and others.

Market Highlights

The Global Business Health Insurance Market is anticipated to reach USD XXXX trillion in 2030 from USD XXXX trillion in 2019 to witness a CAGR of XX% in the forecast period. The humongous growth in the Business Health Insurance Market is attributed to the following reasons. The rise in the Per Capita Income and increasing awareness about health has proved to be one of the driving factors for the overall growth of the industry as people can spend sufficiently on their health. Majority of healthcare disbursement accounts for expenses gathered from medical policies.

Global Business Health Insurance Opportunity Analysis

Source: Fatpos Global

Global Business Health Insurance Market: Segments

The public segment is projected to grow at a CAGR of XX% in the forecast period

Based on Service provider, the health insurance market is segmented into private and public. The public provider's segment is expected to boost the growth of the Global Business Health Insurance industry during the forecast period as it is cost-effective and helps people with other medical and non-medical expenses.

Source: Fatpos Global

Medical Insurance to propel the overall growth of the market

On the basis of the type of insurance, the business health insurance market is bifurcated into disease insurance, hospitalization insurance, medical insurance, and income protection insurance. The medical insurance segment has witnessed the highest CAGR, owing to an increase in the number of costly surgeries. Additionally, the Government in several developed and developing countries has proposed certain proposals regarding women's health, leading to the overall growth of the global business health insurance market.

Preferred provider organization (PPO) segment is anticipated to grow at XX% CAGR

Based on network provider, the health insurance market is segmented into Exclusive Provider Organizations (EPOs), Health Maintenance Organization (HMOs), Preferred Provider Organizations (PPOs) and Point of Services (POS). PPOs offer fully-managed health care arrangements that offer greater alternatives to patients. Patients are required to select from a pre-approved list of physicians and care providers. Also, less paperwork is needed for PPO plans that further increase its preference and thus boosts the growth of the market.

An adult and geriatric segment to boost the overall market growth

Based on the age-group, the health insurance market is divided into minors, adults, and senior citizens. The frequency of lifestyle disorders is high in the adult and geriatric population, which may raise health risks in the future. Therefore, they are more vulnerable to cardiac and other endocrine disorders that require hospitalization. These factors are expected to support business growth.

Market Share of Different Age-groups

Source: Fatpos Global

Global Business Health Insurance Market: Drivers & Restraints

Drivers

Increasing GDP and healthcare expenditure worldwide

Since the Per capita income of the people is increasing, they are paying more attention to health. Additionally, the growing geriatric population, increasing chronic diseases, high medical costs, and other factors are driving the overall market demand.

Restraints

Strict regulations and longer time for claim reimbursement

Insurance claim reimbursement takes longer time which is certainly going to be one of the negative factors in the growth of the Global business health insurance market. Moreover, strict rules and regulations with hard terms and conditions are likely to be a hurdle in the overall growth of the market.

Global Business Health Insurance Market: Region

The global Business Health Insurance market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and the Rest of the world is classified as Middle-East and Africa.

Asia-Pacific is projected to be the fastest-growing region with a CAGR of XX%

North-America was attributed to register the highest CAGR in 2019. Regional growth can be attributed to increased awareness of health insurance policies coupled with high GDP. In addition, the availability of leading policy providers is boosting the growth of the market. But for numerous factors, the Asia-Pacific region is seeing rapid market growth, such as an increasing number of chronic diseases. In addition, the provision of cost-effective term insurance policies offered by national policy suppliers is strongly favored in developing countries of the APAC, which promotes business growth. Hence, APAC is to drive the overall growth of the market in the forecasted period.

Source: Fatpos Global

The global Business Health Insurance market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- the United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- UK, Germany, France, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

Asia-Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- India, China, South Korea, Malaysia, Japan, Indonesia, Australia, New Zealand and Rest of Asia-Pacific

The Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR- North Africa, Israel, GCC, South Africa and Rest of the Middle East and Africa

Key Players

Anthem Health Insurance

Company overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Aetna

Blue Cross Blue Shield Companies

Cigna

Highmark

HCSC

Humana

Kaiser Permanente

Wellcare

Others

The Global Business Health Insurance Market Report also contains an analysis on:

Business Health Insurance Market by segment:

By Service Provider

Public

Private

By Type

Diseases Insurance

Hospitalization Insurance

Medical Insurance

Income Protection Insurance

By Coverage Period

Lifetime Insurance

Term Coverage

By Age-Group

Minors

Adult

Senior Citizen

By Network Provider

Executive Provider Organizations (EPOs)

Health Maintenance Organizations (HMOs)

Preferred Provider Organizations (PPOs)

Point of Services (POS)

By Region

North America

Latin America

Europe

Asia-Pacific

The Middle East and Africa

Business Health Insurance Market Size

Business Health Insurance Market Dynamics

Supply and Demand

Current Issues/trends/challenges

Competition and Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Global Business Health Insurance Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Global Business Health Insurance Market

What could be the challenging factors in the growth of Global Business Health Insurance Market

What are the growth drivers for the Global Business Health Insurance Market

Contents

1. Executive Summary

2. Business Health Insurance Market

2.1. Market Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

6. Recent Development, Policies & Regulatory Landscape

7. Risk Analysis

7.1. Demand Risk Analysis

7.2. Supply Risk Analysis

8. Business Health Insurance Market Analysis

8.1. Porters Five Forces

8.1.1. Threat of New Entrants

8.1.2. Bargaining Power of Suppliers

8.1.3. Threat of Substitutes

8.1.4. Rivalry

8.2. PEST Analysis

8.2.1. Political

8.2.2. Economic

8.2.3. Social

8.2.4. Technological

9. Global Business Health Insurance Market

9.1. Market Size & forecast, 2019A-2030F

9.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10. Global Business Health Insurance Market: Market Segmentation

10.1. By Regions

10.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2. By Service Provider: Market Share (2020-2030F)

10.2.1. Public, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.2.2. Private, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3. By Type: Market Share (2020-2030F)

10.3.1. Diseases Insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.2. Hospitalization Insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.3. Medical Insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.3.4. Income Protection Insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.4. By Coverage Period: Market Share (2020-2030F)

10.4.1. Lifetime Insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.4.2. Term Coverage, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.5. By Age-Group: Market Share (2020-2030F)

10.5.1. Minors, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.5.2. Adults, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.5.3. Senior Citizens, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.6. By Network Provider: Market Share (2020-2030F)

10.6.1. Exclusive Provider Organizations, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.6.2. Health Maintenance Organizations, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.6.3. Preferred Provider Organizations, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.6.4. Point of Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Company Profile

11.1.1. Anthem Health Insurance

11.1.2. Company Overview

11.1.3. Company Total Revenue (Financials)

11.1.4. Market Potential

11.1.5. Global Presence

11.1.6. Key Performance Indicators

11.1.7. SWOT Analysis

11.1.8. Product Launch

11.2. Aetna

11.3. Blue Cross Blue Shield Companies

11.4. Cigna

11.5. Highmark

11.6. HCSC

11.7. Humana

11.8. Kaiser Permanente

11.9. Wellcare

11.10. Others

12. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)