Top 20 Health Insurance Providers in Maryland

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min read
Top 20 health insurance companies in Maryland Main

Top 20 Health Insurance Providers in Maryland

3
min read
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Top 20 health insurance companies in Maryland Main
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The health insurance sector in Maryland takes part in a dynamic space of diverse offerings designed to cater to individual, family, and corporate needs. This industry includes companies that provide a variety of plans with features ranging from dental, pharmacy, behavioral health to supplemental health insurance solutions. Moving forward, the insurers are significantly emphasizing innovation, cost reduction, comprehensive coverage, and integrated health plans to support the well-being of the policyholders. The sector is becoming increasingly consumer-centric, focusing primarily on measures that offer elevated customer service and satisfaction levels.


Top 20 health insurance companies in Maryland

1. ArmadaCare

  • Website: armadacare.com
  • Headquarters: Hunt Valley, Maryland, United States
  • Founded: 2004
  • Headcount: 51-200
  • LinkedIn

ArmadaCare is a company that specializes in supplemental health insurance solutions. They offer targeted benefit solutions to improve retention and reduce turnover risks for employers. Their legacy product is the executive medical reimbursement insurance plan, Ultimate Health. They are committed to driving innovation and believe that insurance should be used and loved.


2. APWU Health Plan

  • Website: apwuhp.com
  • Headquarters: Glen Burnie, Maryland, United States
  • Founded: 1960
  • Headcount: 51-200
  • LinkedIn

APWUHP.com is a health plan provider that offers comprehensive benefits and coverage options for APWU bargaining unit employees and retirees. They provide a range of healthcare services including pharmacy, dental, behavioral health, and cancer centers of excellence. With a focus on better health and wellness, APWUHP aims to improve the overall well-being of its members.


3. Evolution Healthcare (EVHC)

Evolution Healthcare, also known as EVHC, is a healthcare company that offers fully integrated health plan solutions with HR platform integration. They provide seamless administration, robust plan performance reporting capabilities, and outstanding customer service. EVHC offers highly customized health-plan designs, integrated wellness programs, and healthcare acquisition and risk management strategies. They work with clients to reduce healthcare premiums and spending. They understand the complexities of the healthcare system and guide clients through the process.


4. Bowers Insurance

Bowers Insurance is an insurance company based in Hagerstown and Frederick, MD. They offer various insurance services including auto, home, business, surety, life, and health insurance. With a team of experienced agents, Bowers Insurance aims to protect their customers' future and provide proactive service.


5. Hankoff Insurance Group

Hankoff Insurance offers insurance coverage for every aspect of life, providing financial protection and peace of mind. They specialize in commercial, business, and personal insurance, including home, auto, health, and specialty insurance such as classic cars, weddings, and cyber liability. As an independent agency, they prioritize building long-lasting relationships with clients, offering education, guidance, and the best policies to fit their needs and budget.


6. Ashley Insurance

Ashley Insurance, Inc. is a Maryland-based insurance agency that offers a full range of personal and business insurance products. They provide coverage for auto, home, commercial, boat/watercraft, flood, health, life, motorcycle, and renters insurance. With offices on Maryland's Eastern Shore, Ashley Insurance has been serving customers since 1980 and aims to protect individuals, families, employees, and properties.


7. Nina Jeong - State Farm Insurance Agent

Nina Jeong is a financial services company offering a range of insurance, investment, and banking products in Silver Spring, MD.


8. Inovalon

  • Website: inovalon.com
  • Headquarters: Bowie, Maryland, United States
  • Founded: 1998
  • Headcount: 1001-5000
  • Latest funding type: Acquired
  • LinkedIn

Inovalon offers a national-scale connectivity platform, providing real-time primary source data access and advanced analytics. They offer over 100 cloud-based solutions that improve clinical outcomes and economics in the healthcare industry.


9. ConnectYourCare

  • Website: connectyourcare.com
  • Headquarters: Hunt Valley, Maryland, United States
  • Founded: 2002
  • Headcount: 201-500
  • Latest funding type: Series Unknown
  • LinkedIn

ConnectYourCare is a company that offers services related to employee benefits and healthcare management. They provide solutions for managing health savings accounts (HSAs) and flexible spending accounts (FSAs), as well as tools for tracking and optimizing healthcare spending. Their services help individuals and employers save money and make informed decisions about their healthcare.


10. AllianceBenefits, LLC (National Financial Partners)

AllianceBenefits is an industry leader in employee benefits, providing distinctive products and customized solutions to fulfill the unique set of needs of every employer. They offer services such as custom plan design, compliance, and global long-term plans.


11. HealthWell Foundation

HealthWell Foundation is an independent non-profit organization that provides financial assistance to individuals and families by covering the cost of prescription drug coinsurance, copayments, deductibles, health insurance premiums, and other out-of-pocket healthcare expenses.


12. Innovative Healthware Services (IHS)

ClaimsBridge is a provider of innovative EDI solutions that help payers, providers, healthcare networks, TPAs, and self-insured employers gain more control over healthcare coverage and cost.


13. Landmark Insurance & Financial Group, Inc.

Landmark Insurance & Financial Group, Inc. is an independent insurance agency that provides insurance and financial solutions to individuals and businesses. They are licensed in multiple states and offer a wide range of insurance coverage including business auto insurance, personal insurance, general liability insurance, workers' compensation insurance, and more. Their experienced team aims to protect and educate their clients while serving them with integrity.


14. CentrePointe Counseling, Inc.

CentrePointe Counseling provides confidential and trusted support to ministry leaders from churches of all denominations. Their licensed Christian counselors offer therapy for individuals, couples, families, adults, adolescents, and children. They combine faith-based aspects with scientific advancements in psychological and biological human functioning. CentrePointe Counseling accepts many insurance types and offers Samaritan Fund grants to make counseling accessible to all.


15. All Risks, Ltd

  • Website: allrisks.com
  • Headquarters: Hunt Valley, Maryland, United States
  • Founded: 1964
  • Headcount: 501-1000
  • Latest funding type: Acquired
  • LinkedIn

Allrisks.com is a company that offers a wide range of insurance solutions for various industries and businesses. They provide coverage for commercial, healthcare, hospitality, real estate, retail, transportation, and other sectors.


16. VW Brown Insurance Service

  • Website: vwbrown.com
  • Headquarters: Columbia, Maryland, United States
  • Founded: 1960
  • Headcount: 11-50
  • LinkedIn

V.W. Brown Insurance Service is an independent insurance agency providing a wide range of insurance solutions for individuals, families, and businesses. They offer group benefits, including disability, voluntary, health, dental, vision, and life insurance, as well as long-term care insurance. They also provide commercial business auto insurance and general liability insurance. With a team of knowledgeable professionals, V.W. Brown Insurance Service ensures that clients receive personalized insurance tailored to their specific needs.


17. Senior Benefit Services, Inc.

Senior Benefit Services, Inc. is a field marketing organization specializing in the senior insurance market. They offer a variety of senior insurance products, including critical illness plans, dental, vision, and hearing insurance, home health care plans, hospital indemnity insurance, life insurance, long term care insurance, Medicare Advantage, Medicare Supplement, and Part D - Rx plans. They provide superior customer service and exceptional support to their agents.


18. Employee Benefit Services of Maryland Inc.

  • Website: ebs-md.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2011
  • Headcount: 11-50
  • LinkedIn

EBS is an employee benefits services company based in Maryland. They specialize in managing corporate clients' employee benefits programs, offering dedicated service teams and high-performing health plans. They prioritize benefits advocacy and provide strategic planning, compliance assistance, and broker partnerships.


19. Allegeant, LLC

  • Website: allegeant.net
  • Headquarters: Lutherville Timonium, Maryland, United States
  • Founded: 2009
  • Headcount: 11-50
  • LinkedIn

Allegeant is an employee benefits consulting and administration company that provides actionable insights and transparent relationships to employers and providers.


20. Capital Services, Inc.

Capital Services is a company that approaches every engagement with genuine passion and concern for long term healthcare goals. They offer person-first employee benefits, HR consulting, business planning, and wellness planning.


Want to find more health insurance companies?


If you want to find more companies that offer a wide range of healthcare coverage and plans you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

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