91.4% of Americans have health insurance, with most of that coverage being private health insurance coverage.
The U.S. health insurance industry is huge, and leaves many people more confused than before.
This article covers all of the most up-to-date U.S. health insurance statistics for 2022 and beyond.
Table Of Contents
- Health Insurance Coverage
- Public Vs. Private Coverage
- Health Care Spending & Costs
- Health Insurance Companies
- Health Insurance By State
Health Insurance Coverage
The percent of Americans with health insurance has increased gradually since 1990.
- 86.1% of Americans had health insurance in 1990, compared to 91.4% today. (Statista)
- 297 million people have health insurance in 2020. (Statista)
- A low of 83.7% of Americans had health insurance in 2010. (Statista)
- 28 million people do not have any health insurance at all. (Census)
Private Vs. Public Health Insurance
Public health insurance is on the rise and replacing private health insurance slowly over time. Much of this is due to the demographics of baby boomers entering their Medicare years.
- 66.5% of insured people have private insurance, while 34.8% had public coverage of some kind. (Census)
- Between 2018 and 2020, the percentage of Americans with public health insurance increased by 0.4%. (Census)
- Employer-based health insurance is the most common type of health insurance covering 54.4% of the population. (Census)
Health Care Spending & Costs
- U.S. health care spending increased 9.7% in 2020, reaching a new record of $4.1 trillion. (Balance)
- U.S. health care spending is 19.7% of GDP, and that is expected to continue to increase. (Balance)
- A total of $1.28 trillion in insurance premiums have been written. (Statista)
- The national average health insurance premium is $456 for an individual and $1,152 for a family. (EHealth)
- Health insurance premiums for individuals have grown 20% since 2016, growing much faster than 11% total inflation. (KFF)
- Health insurance premiums for families have grown 22% since 2016, much faster than 11% inflation. (KFF)
Health Insurance Companies
- The top 5 health insurance companies have around 46.6% of the entire market share.
- United has written 14.4% of all health insurance premiums.
- Anthem has written 9.1% of all health insurance premiums.
- Humana has written 8.9% of all health insurance premiums.
- Centene Corp. has written 8.8% of all health insurance premiums.
- Healthcare Services Corp. has written 5.4% of all health insurance premiums.
Health Insurance By State
- Texas has the largest uninsured rate at 21.4%. (WFAA)
- Oklahoma has the second-largest uninsured rate at 14.9%. (KFF)
- Massachusetts has the lowest uninsured rate at only 3%. (KFF)
- Hawaii has the second-lowest uninsured rate at 4.1%. (KFF)
That’s it for our U.S. health insurance statistics.
We hope these statistics were useful for you.
If you have additional questions or want more information leave us a comment!