United States Market Study on Short-term Care Insurance: Individual Plans Account for Over 70% Revenue Share

May 2023| PMR2456A| Persistence Market Research

Report Highlights

U.S. Short-term Care Insurance Market - Report Scope

Persistence Market Research recently published a new report on the U.S. short-term care insurance market. The report provides a detailed valuation of key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This research report presents exclusive facts and figures about how the monitors will grow over the forecast period of 2023 to 2033.

Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the U.S. short-term care insurance market over the forecast period.

The study is relevant for stakeholders in the U.S. short-term care insurance market, as well as, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the market can leverage the information and statistics presented in this research report.

The report includes facts and figures related to the micro- as well as macro-economic factors that are impacting the growth of the U.S. short-term care insurance market. The study also offers actionable insights based on future trends in the market. Furthermore, domestic players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in the market.

Key Segments of Market

Persistence Market Research’s study on U.S. short-term care insurance is divided into four significant segments - distribution channel, type of plan, age group, and end user type. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.

Attribute Details

Distribution Channel

  • Direct Sales
  • Brokers/Agents
  • Banks
  • Others

Type of Plan

  • Preferred Provider Organizations (PPOS)
  • Point of Service (POS)
  • Health Maintenance Organizations (HMOS)
  • Exclusive Provider Organizations (EPOS)

Age Group

  • Senior Citizens
  • Adults
  • Minors

End User Type

  • Groups
  • Individuals

Key Questions Answered in Report

  • What will be the key driving factors propelling the demand for short-term care insurance in the U.S. during the forecast period?
  • How will current trends will impact the U.S. short-term care insurance market?
  • Who are the significant participants in the market?
  • What are the crucial strategies of prominent players in the market to upscale their positions in this landscape?

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2033
Units considered $ Million
Segments covered By Distribution Channel, By Type of Plan, By Age Group, By End User Type, By Country
Industry covered IT and Telecommunication
Countries covered United States
Companies studied
  • EHealth Insurance Services Inc.
  • VitalOne Health
  • Illinois Health Agents, Inc.
  • Cox HealthPlans LLC,
  • Wisconsin Physicians Service
  • Guarantee Trust Life Insurance Company
  • Cigna.
  • Bankers Fidelity Life Insurance Company
  • United HealthCare Services, Inc
  • Everest Re Group, Ltd.

Research Methodology

In Persistence Market Research’s research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the U.S. short-term care insurance market, and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by analysts to ensure the precision and reliability of the conclusions.

Secondary resources are referred to by analysts during the evaluation of the U.S. short-term care insurance market study, which comprises of facts and figures from white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers to provide insightful information.

Comprehensive information acquired from primary and secondary resources is validated by companies operating in the U.S. short-term care insurance market, to make Persistence Market Research’s projections on the growth prospects of the market more accurate and reliable.

  • Table 1 : U.S. Short-term Care Insurance Market Value (US$ Mn) Analysis (2018 - 2022) By Distribution Channel
  • Table 2 : U.S. Short-term Care Insurance Market Value (US$ Mn) Forecast (2023- 2033) By Distribution Channel
  • Table 3 : U.S. Short-term Care Insurance Market Value (US$ Mn) Analysis (2018 - 2022) By Type of Plan
  • Table 4 : U.S. Short-term Care Insurance Market Value (US$ Mn) Forecast (2023- 2033) By Type of Plan
  • Table 5 : U.S. Short-term Care Insurance Market Value (US$ Mn) Analysis (2018 - 2022) By Age Group
  • Table 6 : U.S. Short-term Care Insurance Market Value (US$ Mn) Forecast (2023- 2033) By Age Group
  • Table 7 : U.S. Short-term Care Insurance Market Value (US$ Mn) Analysis (2018 - 2022) By End User Type
  • Table 8 : U.S. Short-term Care Insurance Market Value (US$ Mn) Forecast (2023- 2033) By End User Type
  • Table 9 : U.S. Short-term Care Insurance Market Value (US$ Mn) Analysis (2018 - 2022) By Region
  • Table 10 : U.S. Short-term Care Insurance Market Value (US$ Mn) Forecast (2023- 2033) By Region
  • Figure 1 : U.S. Short-term Care Insurance Market Size (US$ Mn) and Y-o-Y Growth Rate from 2023-2033
  • Figure 2 : U.S. Short-term Care Insurance Market Size and Y-o-Y Growth Rate from 2023-2033
  • Figure 3 : U.S. Short-term Care Insurance Market Value (US$ Mn), 2018-2022
  • Figure 4 : U.S. Short-term Care Insurance Market Value (US$ Mn), 2023-2033
  • Figure 5 : U.S. Short-term Care Insurance Market Value Share Analysis (2023- 2033) By Distribution Channel
  • Figure 6 : U.S. Short-term Care Insurance Market Value Y-o-Y Growth Trend Analysis (2018 - 2033) By Distribution Channel
  • Figure 7 : U.S. Short-term Care Insurance Market Attractiveness By Distribution Channel
  • Figure 8 : U.S. Short-term Care Insurance Market Value Share Analysis (2023- 2033) By Type of Plan
  • Figure 9 : U.S. Short-term Care Insurance Market Value Y-o-Y Growth Trend Analysis (2018 - 2033) By Type of Plan
  • Figure 10 : U.S. Short-term Care Insurance Market Attractiveness By Type of Plan
  • Figure 11 : U.S. Short-term Care Insurance Market Value Share Analysis (2023- 2033) By Age Group
  • Figure 12 : U.S. Short-term Care Insurance Market Value Y-o-Y Growth Trend Analysis (2018 - 2033) By Age Group
  • Figure 13 : U.S. Short-term Care Insurance Market Attractiveness By Age Group
  • Figure 14 : U.S. Short-term Care Insurance Market Value Share Analysis (2023- 2033) By End User Type
  • Figure 15 : U.S. Short-term Care Insurance Market Value Y-o-Y Growth Trend Analysis (2018 - 2033) By End User Type
  • Figure 16 : U.S. Short-term Care Insurance Market Attractiveness By End User Type
  • Figure 17 : U.S. Short-term Care Insurance Market Value Share Analysis (2023- 2033) By Region
  • Figure 18 : U.S. Short-term Care Insurance Market Value Y-o-Y Growth Trend Analysis (2018 - 2033) By Region
  • Figure 19 : U.S. Short-term Care Insurance Market Attractiveness By Region

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