Blue Cross & Blue Shield of Minnesota Revenue, Growth & Competitor Profile

DBA BCBSM, INC.
DBA BLUE CROSS AND BLUE SHIELD
DBA BLUE CROSS AND BLUE SHIELD OF MINNESOTA

Company Profile & Annual Report for Blue Cross & Blue Shield of Minnesota

Access the complete profile.

Blue Cross & Blue Shield of Minnesota Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	P.o. Box 64560 Route M101 St. Paul, MN 55164

Note: Revenues for privately held companies are statistical evaluations.


Blue Cross & Blue Shield of Minnesota's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Blue Cross & Blue Shield of Minnesota's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Blue Cross & Blue Shield of Minnesota is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Blue Cross & Blue Shield of Minnesota Annual Revenue and Growth Rate

Blue Cross & Blue Shield of Minnesota	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Blue Cross & Blue Shield of Minnesota's revenues are gauged from an analysis of company filings.

Blue Cross & Blue Shield of Minnesota's Income Statement (based on Industry Averages)

Blue Cross & Blue Shield of Minnesota P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Blue Cross & Blue Shield of Minnesota is developing and marketing. Blue Cross & Blue Shield of Minnesota doesn't have any recent trademark applications, indicating Blue Cross & Blue Shield of Minnesota is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
STABILITY Health insurance services in the nature of underwriting, issuing and administration of health insurance; claims administration services in the field of health insurance	04/01/2021
FOR THE HEALTH OF ALL. Claims administration services in the field of health insurance; Health insurance underwriting	07/25/2011
DO.TOWN Promoting public awareness of and organizing and developing projects that aim to promote active living, healthy eating, healthy weight, and tobacco-free living to improve health	06/15/2011

See all trademarks and details in the Full Report.

Market Share of Blue Cross & Blue Shield of Minnesota's Largest Competitors

A competitive analysis shows these companies are in the same general field as Blue Cross & Blue Shield of Minnesota, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

These companies are similar in business line and location to Blue Cross & Blue Shield of Minnesota. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
SECURIAN LIFE INSURANCE	Saint Paul, MN	100
TRAVELERS COMPANIES	St. Paul, MN	34
PRIME THERAPEUTICS	Eagan, MN	13
SECURIAN FINANCIAL SERVICES	St Paul, MN	4
BLUE CROSS & BLUE SHIELD OF MINNESOTA	St. Paul, MN	3
MINNESOTA LIFE INSURANCE	Saint Paul, MN	1

Future Competition: Blue Cross & Blue Shield of Minnesota's Fastest Growing Competitors

These companies are in the same general field as Blue Cross & Blue Shield of Minnesota and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)