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HMO Providers - Industry Market Research Report

  • April 2016
  • -
  • Ibisworld
  • -
  • 38 pages

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In remission: Rising aggregate health expenditure will foster demand for HMO-provided coverage



Abstract

HMO Providers

Despite consistent increases in total health expenditure, revenue for the HMO Providers industry has fluctuated considerably over the past five years, largely due to conflicting trends in the industry's penetration of employer and Medicare markets. Over the current five-year period, rising aggregate health expenditure is anticipated to outweigh the continued decline of HMO penetration in the employer-sponsored insurance market, benefiting the industry. In addition, a range of other macroeconomic and demographic trends are forecast to aid industry operators in the years ahead. Moreover, the median age of the population is anticipated to continue its ascent over the five-year period. Demand for health services and coverage tends to rise as the population ages, largely because these individuals typically require more procedures than their younger counterparts. As a result of these trends, and the impact of regulatory changes on healthcare demand, industry revenue is anticipated to rise over the next five years.

This industry provides HMO insurance coverage that supplies clients with physicians and other medical staff primarily engaged in providing a range of outpatient medical services with a focus generally on primary healthcare.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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