NAICS Code 524114 - Direct Health and Medical Insurance Carriers
NAICS Code 524114 Description
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 (except those providing health care services) that provide health and medical insurance policies without providing health care services are included in this industry.
NAICS Code 524114 - Direct Health and Medical Insurance Carriers is a final level code of the “Finance and Insurance” Sector. There are 1,113 companies verified as active in this industry in the USA with an estimated employment of 594,438 people.
Industry SectorFinance and Insurance
SBA Size StandardAnnual Revenue Limit of $41,500,000
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Hierarchy Navigation for NAICS Code 524114
Extended NAICS Codes (8-digit) for Direct Health and Medical Insurance Carriers
In-depth Industry Analysis: Explore Comprehensive Details on NAICS Code Extended Pages
- 524114-01 - Accident & Health Ins (Underwriters)
- 524114-02 - Health Plans
- 524114-03 - Hospital & Medical Service Plans
- 524114-04 - Hospitalization Plans-Medical & Surgical
- 524114-05 - Insurance-Cancer
- 524114-06 - Insurance Senior Citizens
- 524114-07 - Medical Insurance Plans
- 524114-08 - Medical Provider Consultants
- 524114-09 - Preferred Provider Organizations
- 524114-10 - Surgical & Medical Plans
Industry Examples of NAICS 524114
Common types of examples within NAICS Code 524114 - Direct Health and Medical Insurance Carriers are:
- Dental insurance carriers, direct
- Group hospitalization plans without providing health care services
- Health insurance carriers, direct
- Hospital and medical service plans, direct, without providing health care services
- Hospitalization insurance carriers, direct, without providing health care services
- Insurance carriers, health, direct
- Insurance underwriting, health and medical, direct
- Medical insurance carriers, direct
- Medical service plans without providing health care services
- HMO establishments that provide both health care services and underwrite health and medical insurance are classified in U.S. NAICS Code - 621491 - HMO Medical Centers.
- Establishments primarily engaged in reinsuring health insurance policies are classified in NAICS Code - 524130 - Reinsurance Carriers.
- Legal entities (i.e., funds, plans, and/or programs) organized to provide health- and welfare-related employee benefits exclusively for the sponsor's employees or members are classified in NAICS Code - 525120 - Health and Welfare Funds..
SICCODE.com compiles comprehensive business data and executive contact leads for businesses within NAICS Code 524114 - Direct Health and Medical Insurance Carriers . Some of the leading and most notable companies are listed below. To order a list of companies within NAICS Code 524114 - Direct Health and Medical Insurance Carriers for marketing (postal mailing, telemarketing, emailing) or analytics-use, click on the link below to “Buy Business List”. Our data analysts are standing by to assist in your list setup and target marketing.
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Questions & Answers
What is the SBA NAICS 524114 revenue limit?
Businesses with an annual revenue under $41,500,000 are considered small businesses by SBA.
How many active businesses operate in NAICS Code 524114?
There are 1,113 verified business locations operating primarily in this industry.
What was the total revenue for NAICS Code 524114?
In 2017 the total revenue for Direct Health and Medical Insurance Carriers was $905,691,938,000
What was the annual payroll for NAICS Code 524114?
In 2017 the annual payroll for Direct Health and Medical Insurance Carriers was $48,734,387,000
How many people work in NAICS Code 524114?
The number of reported paid employees is 594,438.