Direct Health and Medical Insurance Carriers in Maryland
Revenue benchmarks for direct health and medical insurance carriers businesses operating in Maryland.
#29 of 50 states-65.4% vs national avg
Average Revenue
$62.1M
per year
Businesses
35
in Maryland
Revenue / Employee
$342K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.6
firms per 100K in MD
Total Revenue
$2.2B
all firms in MD
Total Employees
6,365
in MD
How Maryland Compares
National Average$179.5M
Maryland$62.1M
Difference$117.4M (-65.4%)