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Medica is a large, active nonprofit health insurance company established in 1975 that provides commercial, individual, Medicare, Medicaid, and group health plans primarily in Minnesota, Wisconsin, North Dakota, South Dakota, Nebraska, Iowa, Missouri, Kansas, and Oklahoma. It offers Qualified Health Plans under the Affordable Care Act and Medicare Advantage plans, with broad provider networks and access to national centers of excellence such as Mayo Clinic. As of 2023, Medica reported over $3.8 billion in annual revenue, with positive net income and expanding membership, and holds "Excellent" NCQA accreditation for its commercial and Medicaid plans[1][2][4][5].
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