Bright Health Insurance Revenue, Growth & Competitor Profile

DBA Bright Health Inc.
DBA Bright Health Group Inc.
DBA BRIGHT HEALTH MANAGEMENT, INC.

Company Profile & Annual Report for Bright Health Insurance

Access the complete profile.

Bright Health Insurance Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	52421 Insurance Agencies & Brokers
Additional NAICS Codes	524114 Direct Health & Medical Insurance Carriers
Address	8000 Norman Center Dr Ste 1200 Minneapolis, MN 55437

Note: Revenues for privately held companies are statistical evaluations.


Bright Health Insurance's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Bright Health Insurance's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Bright Health Insurance is classified as operating in the Insurance Agencies & Brokers industry, NAICS Code 52421.

Bright Health Insurance Annual Revenue and Growth Rate

Bright Health Insurance	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: Bright Health Insurance's revenues are gauged from an analysis of company filings.

Bright Health Insurance's Income Statement (based on Industry Averages)

Bright Health Insurance 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 Bright Health Insurance is developing and marketing. Bright Health Insurance doesn't have any recent trademark applications, indicating Bright Health Insurance 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
NEUEHEALTHCARE Insurance services, namely, underwriting, issuance and administration of health insurance; Administration of health care benefit plans and preferred provider plans in the field of health insurance and health care delivery, and financial administration of patient reimbursement programs; Insurance administration in the field of prescription drugs; Pharmacy benefit management services; Administration of managed health care service plans, pre-paid health care plans, and hospital plans and third party administration of employer self-insured health benefit plans; Providing online insurance services in the field of health care, namely, member eligibility and enrollment information; Electronic processing of insurance claims and payment data; Organization and administration of networks of preferred health care providers; Providing information in the field of insurance	11/16/2020
NEUEHEALTH Insurance services, namely, underwriting, issuance and administration of health insurance; Administration of health care benefit plans and preferred provider plans in the field of health insurance and health care delivery, and financial administration of patient reimbursement programs; Insurance administration in the field of prescription drugs; Pharmacy benefit management services; Administration of managed health care service plans, pre-paid health care plans, and hospital plans and third party administration of employer self-insured health benefit plans; Providing online insurance services in the field of health care, namely, member eligibility and enrollment information; Electronic processing of insurance claims and payment data; Organization and administration of networks of preferred health care providers; Providing information in the field of insurance	11/15/2020
PHYSICIANS PLUS Healthcare management service organization (MSO) services, namely, providing practice management, organization and administrative support services to individual physicians or group practices; consulting services in the field of medical practice management; business administrative and practice management services for medical practices and others; business services provided to clinically integrated networks (CINs) and accountable care organizations (ACOs) namely, assisting in the negotiation, implementation, and management of value-based care agreements with health care payors; medical billing and medical billing support services	08/12/2020

See all trademarks and details in the Full Report.

Market Share of Bright Health Insurance's Largest Competitors

A competitive analysis shows these companies are in the same general field as Bright Health Insurance, 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)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
SEQUOIA ONE PEO	Tempe, AZ	5
ARTHUR J. GALLAGHER	Itasca, IL	4
MARSH & MCLENNAN COMPANIES	New York, NY	4
WILLIS NORTH AMERICA	Nashville, TN	3
IOWA BANKERS MORTGAGE	Johnston, IA	3
LOCKTON	Kansas City, MO	2
HUB INTERNATIONAL LIMITED	Chicago, IL	2

Nearby Competitors

These companies are similar in business line and location to Bright Health Insurance. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
UCARE MINNESOTA	Minneapolis, MN	100
BRIGHT HEALTH INSURANCE	Minneapolis, MN	55
GRAVIE	Minneapolis, MN	28
BMS INTERMEDIARIES	Edina, MN	28
NEXBEN	Minneapolis, MN	15
LONGEVITY HOLDINGS	Minneapolis, MN	11

Future Competition: Bright Health Insurance's Fastest Growing Competitors

These companies are in the same general field as Bright Health Insurance 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)