Direct Health and Medical Insurance Carriers in New Mexico

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

#31 of 50 states-70.2% vs national avg

Average Revenue

$53.5M

per year

💰

Businesses

17

in New Mexico

🏢

Revenue / Employee

$242K

per year

👤

Labor Cost

30.0%

of revenue

👥

Profit Margin

15.0%

industry average

📈

Market Saturation

0.8

firms per 100K in NM

🎯

Total Revenue

$909.6M

all firms in NM

💵

Total Employees

3,761

in NM

👷

How New Mexico Compares

National Average$179.5M
New Mexico$53.5M
Difference$126.0M (-70.2%)