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Health-Insurance Q3 Data Snapshot: Market Cap and Overall Membership

By David P. Hamilton | Nov 10, 2008

Having spent a fair amount of time scratching through the financial statements of the industry’s largest health-insurance companies, I figured it couldn’t hurt to put together a few quick snapshots of how UnitedHealth Group, WellPoint and other giants are faring on a fundamental basis.

First up is a simple ranking of insurers by market capitalization — roughly the total value of each company. Just to give a sense of how dramatically these companies’ prospects have declined over the past year, I’ve also thrown in the year-over-year change in share prices at these companies, which should serve as a rough proxy for the decline in overall worth of the sector. (Market cap and share-price comparisons taken as of Oct. 31.)

Largest managed-care companies by market capitalization:

Company Market Cap %Change
UnitedHealth Group $28.3 billion  -52%
WellPoint $19.5 billion  -50%
Aetna $11.5 billion  -54%
Humana $4.9 billion  -59%
Cigna $4.2 billion  -67%
Coventry $1.9 billion  -78%

Next: Largest health insurers by membership

Next Page »

A 14-year veteran of the Wall Street Journal, David P. Hamilton is BNET's Industries editor. Prior to coming to BNET, David founded the LifeScience section of VentureBeat, a news site for the innovation and venture business. Follow him on Twitter, or just follow all BNET Healthcare posts on Twitter.

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