NAICS 524114: Direct Health and Medical Insurance Carriers
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) health and medical insurance policies. Group hospitalization plans and HMO establishments that provide health and medical insurance policies without providing health care services are included in this industry.
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) health and medical insurance policies. Group hospitalization plans and HMO establishments that provide health and medical insurance policies without providing health care services are included in this industry.
Not in this code
HMO establishments that provide both health care services and underwrite health and medical insurance are classified in U.S. Industry 621491, HMO Medical Centers.
Establishments primarily engaged in reinsuring health insurance policies are classified in Industry 524130, Reinsurance Carriers.
Legal entities (i.e., funds, plans, and/or programs) organized to provide health- and welfare-related employee benefits exclusively for the sponsor's employees or members are classified in Industry 525120, Health and Welfare Funds.
SBA size standard
A business is small under NAICS 524114 if it has no more than $47 million in average annual receipts (averaged over the last five completed fiscal years, including affiliates).
Source: SBA Table of Size Standards, effective 2023-03-17. Always check the size standard printed in the solicitation itself.
Who buys it
Departments that posted the most NAICS 524114 solicitations in the last two years:
U.S Embassy Accra LES GMC Health Insurance Services · State, Department of · posted September 15, 2026
US Embassy Accra LES GMC Health Insurance Services · State, Department of · posted August 18, 2026
Global medical coverage for LES employees in US Embassy Podgorica, Montenegro · State, Department of · posted August 7, 2026
Health Insurance For Mission Seychelles LE Staff · State, Department of · South Carolina · posted July 14, 2026
Insurance Global Medical Coverage (GMC) for Local Staff · State, Department of · posted June 25, 2026
Solicitation notice for Health & Life Insurance for LES, U. S. Mission, Sultanate of Oman · State, Department of · posted June 25, 2026
Les GMC health insurance services · State, Department of · posted June 1, 2026
Do this kind of work?
Send XL Eagle your price on an open direct health and medical insurance carriers job. We write and submit the bid under our registrations. If we win, you do the work at your price. No fees.
NAICS 524114 is Direct Health and Medical Insurance Carriers. This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) health and medical insurance policies. Group hospitalization plans and HMO establishments that provide health and medical insurance policies without providing health care services are included in this industry.
What is the SBA size standard for NAICS 524114?
The size standard for NAICS 524114 is $47 million in average annual receipts. Firms at or under it count as small businesses for contracts assigned this code.
Are there government contracts for direct health and medical insurance carriers?
Yes. 1 government contract is open under NAICS 524114 right now, and 8 were posted in the last 12 months.
Can I bid on NAICS 524114 contracts without registering in SAM.gov?
You need an active SAM.gov registration to win a federal contract in your own name. If you would rather skip that, XL Eagle can bid as the prime contractor using your price, and you do the work as our subcontractor.
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