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Medica Health Plans

Minnetonka, Minnesota, United States
Ownership
Private
Employees
~4116
Development stage
Other
01

Overview

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].

Industry
Non-Academic Healthcare
02

Partnerships

SSM Health (joint venture with Dean Health Plan)[3]Mayo Clinic Centers of Excellence[4]CHI Health (for Medicare Advantage plan)[2]Nebraska Medicine, Bryant Health, Methodist Health System[2]

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