Direct Health and Medical Insurance Carriers Revenue Benchmarks
How much does the average direct health and medical insurance carriers business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$179.5M
per year
Profit Margin
15.0%
industry average
Revenue / Employee
$318K
per year
Total Businesses
954
in the US
Est. Owner Income
$26.9M
small business avg
Labor Cost
30.0%
of revenue
Avg Employee Wage
$104K
per year (BLS)
Market Saturation
0.3
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$344K
5-9 employees
$1.5M
10-19 employees
$3.9M
20-99 employees
$14.0M
100-499 employees
$69.0M
500+ employees
$983.5M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
6.68%
openings/year
Closure Rate
13.67%
closings/year
Net Job Growth
+4.15%
annual
Businesses Closed
424
in 2023
Firm Count Trend
19
20
21
22
23
4,704 firms5,698 firms
💡 Should You Start a Direct Health and Medical Insurance Carriers Business?
Startup Cost
$50K – $250K
Break-Even
0 months
5-Year Survival Rate
50.0%
🆚 Related Industries
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