Direct Health and Medical Insurance Carriers in Minnesota

Revenue benchmarks for direct health and medical insurance carriers businesses operating in Minnesota.

#2 of 50 states+67.9% vs national avg

Average Revenue

$301.4M

per year

💰

Businesses

32

in Minnesota

🏢

Revenue / Employee

$457K

per year

👤

Labor Cost

30.0%

of revenue

👥

Profit Margin

15.0%

industry average

📈

Market Saturation

0.6

firms per 100K in MN

🎯

Total Revenue

$9.6B

all firms in MN

💵

Total Employees

21,118

in MN

👷

How Minnesota Compares

National Average$179.5M
Minnesota$301.4M
Difference+$121.9M (+67.9%)