Medica Services Revenue, Growth & Competitor Profile

DBA MEDICA HEALTH PLANS

Company Profile & Annual Report for Medica Services

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Medica Services Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	401 Carlson Parkway Mail Route Cp175 Minneapolis, MN 55305

Note: Revenues for privately held companies are statistical evaluations.


Medica Services's Annual Report & Profile shows critical firmographic facts:

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

Medica Services Annual Revenue and Growth Rate

Medica Services	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: Medica Services's revenues are gauged from an analysis of company filings.

Medica Services's Income Statement (based on Industry Averages)

Medica Services 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 Medica Services is developing and marketing. Medica Services doesn't have any recent trademark applications, indicating Medica Services 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
MEDICA HEALTH PLANS FOR EVERYONE Providing health insurance services, namely, issuing health insurance policies; health insurance plan administration; administration and organization of self-funded health insurance plans; administration and organization of pre-paid health care plans; providing insurance services in the nature of providing prescription drug and pharmacy benefits; administration of prescription drug benefit program; underwriting health insurance plans	07/16/2021
MEDICA HEALTH PLANS FOR YOU Providing health insurance services, namely, issuing health insurance policies; health insurance plan administration; administration and organization of self-funded health insurance plans; administration and organization of pre-paid health care plans; providing insurance services in the nature of providing prescription drug and pharmacy benefits; administration of prescription drug benefit program; underwriting health insurance plans	07/16/2021
MY MEDICA Downloadable mobile application to access and manage health benefits and health benefit information	07/14/2021

See all trademarks and details in the Full Report.

Market Share of Medica Services's Largest Competitors

A competitive analysis shows these companies are in the same general field as Medica Services, 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 Medica Services. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MEDICA SERVICES	Minnetonka, MN	100
MEDICA SERVICES	Minneapolis, MN	47
INFORMATION PROVIDERS	Hopkins, MN	8
USHEALTH ADMINISTRATORS	Minnetonka, MN	7
MINNESOTA JOINT UNDERWRITING ASSOCIATION	Burnsville, MN	0
TRIG LIFE SERVICES	Chaska, MN	0

Future Competition: Medica Services's Fastest Growing Competitors

These companies are in the same general field as Medica Services 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)