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NAIC Releases Accident and Health Policy Data

By staff Writer

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The National Association of Insurance Commissioners (NAIC) has issued the first edition of its Accident and Health Policy Experience Report.

The report’s findings include these:

–In 2009, the top 10 companies in the overall accident and health market (individual, group and other) business accounted for 45.5% percent of the total business.

–Total premiums increased by 15% to $214 billion from 2008 to 2009.

–The number of policies rose by 2.6%, while the number of covered lives fell by 7% from 2008 to 2009.

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