Who Owns State Farm Health Insurance?
State Farm Health Insurance is the health product line of the State Farm mutual insurance group, headquartered in Bloomington, Illinois. The company no longer sells comprehensive major medical coverage; its health portfolio consists of Medicare Supplement, supplemental health, hospital income, and disability-income products sold through the agent network. In 2025, State Farm Mutual reported a $189 million underwriting loss on individual health insurance operations with $756 million in net written premium.
Parent Company
Founded
1922
Status
Private
Headquarters
Who Owns State Farm Health Insurance?
- Parent Company: State Farm Mutual Automobile Insurance Company
- Ownership Type: Mutual
- Company Type: Privately Held
- Stock Ticker: N/A: N/A
| Brand | Parent Company | Ownership Type |
|---|---|---|
| State Farm Health Insurance | State Farm Mutual Automobile Insurance Company | Mutual |
History of State Farm Health Insurance
- Founded: 1922
- Founders: State Farm Mutual Automobile Insurance Company
State Farm offered individual major medical insurance for decades as part of a full-service family insurance portfolio. As the health insurance industry consolidated into managed care organizations and the Affordable Care Act restructured the individual market, State Farm exited comprehensive medical underwriting, winding down its major medical book rather than competing with vertically integrated health insurers.
What remains is the supplemental health business: Medicare Supplement (Medigap) policies for seniors, hospital income coverage, accident and disability-income products, and related supplemental benefits sold as add-ons to auto and home relationships. These products generated $756 million of net written premium in 2025, with a $189 million underwriting loss, one of the smaller lines in the group but a continuing product offering for the agent channel.
About State Farm Mutual Automobile Insurance Company
What does State Farm own?
State Farm operates its insurance and financial services business under the State Farm brand, including auto insurance, home and property insurance, life insurance, health insurance, and financial services. The company does not own separate consumer-facing brands outside the State Farm name. State Farm previously operated State Farm Bank but exited the banking business in 2023, transitioning deposit accounts to U.S. Bank.
Is State Farm publicly traded?
No, State Farm is not publicly traded. As a mutual insurance company, State Farm is owned by its policyholders and does not trade on any stock exchange. The company's financial performance is reported to policyholders rather than public investors.
Who owns State Farm?
State Farm is owned by its policyholders. As a mutual insurance company, there are no external shareholders or parent company. The company is governed by a board of directors elected by policyholders, and profits are retained to strengthen surplus or returned to policyholders through dividends.
Who founded State Farm?
State Farm was founded on June 7, 1922, by George J. Mecherle in Bloomington, Illinois. Mecherle was a retired farmer who created the company to provide affordable auto insurance to rural residents with good driving records.
Where is State Farm headquartered?
State Farm is headquartered in Bloomington, Illinois, USA.
What is State Farm's revenue?
For fiscal year 2025, State Farm reported total revenue of $132.3 billion, up from $123.0 billion in 2024. Net income was $12.9 billion. P/C earned premium was $111.6 billion.
Who is the CEO of State Farm?
Jonathan Adkisson is the Chairman, President, and CEO of State Farm Mutual Automobile Insurance Company.
- Founded: 1922
- Headquarters: Bloomington, Illinois, USA
- Company Type: Privately Held
- Stock: N/A: N/A
- Revenue: $132.3 billion (FY2025)
- Employees: approximately 57,000
Visit State Farm Mutual Automobile Insurance Company website
Where Is State Farm Health Insurance Made / Based?
- Headquarters: Bloomington, Illinois, USA
State Farm Health Insurance Categories & Tags
State Farm Health Insurance Sustainability & Ethics
Supplemental health products address out-of-pocket gaps in Medicare and employer coverage. As a mutual line, underwriting profits or losses are borne by the policyholder base, and the product operates under state insurance department oversight for Medicare Supplement rates and supplemental policy forms.
Awards & Recognition
State Farm Medicare Supplement holds strong financial strength ratings through the parent, and the line benefits from the company's overall J.D. Power and A.M. Best standing rather than separate health-plan quality scores.
State Farm Health Insurance Recalls & Controversies
Major Medical Exit: State Farm's wind-down of comprehensive health coverage left a policyholder transition that was managed over time and remains a point of confusion, since the brand name still suggests a full-service health insurer.
Medicare Supplement Pricing: Medigap premium increases across the industry, including State Farm's filings, draw periodic regulatory scrutiny as medical inflation pushes rate requests.
Brands Owned by State Farm Mutual Automobile Insurance Company
InsuranceState Farm Auto Insurance
Owned by State Farm Mutual Automobile Insurance Company
State Farm's flagship auto insurance product line, the largest auto insurer in the United States, which returned a $4.6 billion underwriting profit in 2025 and announced a record $5 billion customer dividend.
auto-insurancecar-insuranceproperty-casualty
InsuranceState Farm Home Insurance
Owned by State Farm Mutual Automobile Insurance Company
State Farm's homeowners and property insurance line, the largest home insurer in the United States, which posted a $3.1 billion underwriting loss in 2025 amid record catastrophe claims.
home-insurancehomeowners-insuranceproperty-casualty
InsuranceState Farm Life Insurance
Owned by State Farm Mutual Automobile Insurance Company
State Farm's life insurance line, operating through two life companies with $1.2 trillion of individual life insurance in force and a record $924 million policyholder dividend in 2025.
life-insurancemutual-insuranceterm-life
State Farm Health Insurance Ownership: Pros & Cons
Advantages
- +Cross-sells naturally into the existing Medicare-age customer base
- +Mutual structure returns residual profits to policyholders
- +Agent channel provides face-to-face guidance for complex Medicare decisions
- +Modest portfolio limits downside risk relative to major medical carriers
Considerations
- -No longer a comprehensive health insurer; brand recognition exceeds product scope
- -$189 million underwriting loss in 2025 shows profitability challenges even in supplemental lines
- -Medicare Supplement margins compress as medical costs inflate faster than premium
- -Lacks the scale and integrated care model of dedicated Medicare Advantage carriers
Frequently Asked Questions About State Farm Health Insurance
Sources & Further Reading
Competitors to State Farm Health Insurance
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Cvs Health | United States | 1853 | Mass market | North america | All Genders | |
| Centene | USA | 2014 | Market leader | United states | All-ages | |
| Cigna | USA | 1982 | Mass market | United states | All Genders | |
| Chubb | USA (parent executive offices) | 1922 | Mass market | United states | All-ages | |
| Centene | USA | 1993 | Market leader | United states | All-ages | |
| Centene | USA | 1977 | Mass market | United states | All-ages |
Learn More About Competitors
Healthcare PharmaceuticalsAetna
Owned by CVS Health Corporation
American managed care and health insurance company offering medical, dental, pharmacy, and behavioral health plans, operating as a subsidiary of CVS Health Corporation.
health-insurancemanaged-carehealthcare
Healthcare PharmaceuticalsAmbetter Health
Owned by Centene Corporation
Centene Corporation's Affordable Care Act marketplace health insurance brand, launched in 2014 and serving 5.8 million members across 29 states as the largest individual-market issuer.
health-insuranceaca-marketplaceobamacare
Healthcare PharmaceuticalsCigna Healthcare
Owned by The Cigna Group
American health insurance brand providing medical coverage, health plans, and wellness services for individuals, families, and employers through The Cigna Group.
health-insurancemedical-coveragehealth-plans
InsuranceCombined Insurance
Owned by Chubb Limited
Supplemental accident and health insurance brand of Chubb Limited, providing workplace and individual supplemental coverage to middle-market customers.
supplemental-insuranceaccident-insurancehealth-insurance
Healthcare PharmaceuticalsFidelis Care
Owned by Centene Corporation
Centene Corporation's New York State health plan, founded in 1993 by the Catholic bishops of New York and acquired for $3.75 billion in July 2018, serving more than 2.4 million members.
health-insurancemedicaidmedicare
Healthcare PharmaceuticalsHealth Net
Owned by Centene Corporation
Centene Corporation's California health plan brand, founded in 1977 and acquired for approximately $6.8 billion in 2016, serving about three million members through Medi-Cal, Medicare, marketplace, and commercial plans.
health-insurancemedi-calmedicaid
Competitive Analysis
Market Positioning: State Farm Health Insurance competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Independent Alternatives to State Farm Health Insurance
Looking for brands with different ownership structures? These similar brands are not owned by State Farm Mutual Automobile Insurance Company, giving you alternative choices that support different corporate structures.
InsuranceMassMutual
Owned by Massachusetts Mutual Life Insurance Company (MassMutual)
Life insurance, annuity, and wealth management brand of Massachusetts Mutual Life Insurance Company, a mutual insurer founded in 1851 and headquartered in Springfield, Massachusetts.
life-insuranceannuitieswealth-management
Privately Owned
MassMutual operates independently without a large parent corporation.
InsuranceNationwide
Owned by Nationwide Mutual Insurance Company
Consumer-facing insurance and financial services brand of Nationwide Mutual Insurance Company, the Columbus, Ohio mutual founded in 1926.
insurancemutual-insuranceauto-insurance
Privately Owned
Nationwide operates independently without a large parent corporation.
InsuranceCombined Insurance
Owned by Chubb Limited
Supplemental accident and health insurance brand of Chubb Limited, providing workplace and individual supplemental coverage to middle-market customers.
supplemental-insuranceaccident-insurancehealth-insurance
Publicly Traded
Combined Insurance is owned by Chubb Limited, a public company, a different structure than State Farm Health Insurance's parent.
InsuranceMetLife
Owned by MetLife, Inc.
MetLife is the flagship insurance and employee benefits brand of MetLife, Inc., the largest U.S. life insurer, serving roughly 100 million customers in more than 40 markets.
life-insuranceemployee-benefitsdental
Publicly Traded
MetLife operates independently without a large parent corporation.
InsuranceNorthwestern Mutual
Owned by The Northwestern Mutual Life Insurance Company
American life insurance and financial planning brand owned by policyowners through The Northwestern Mutual Life Insurance Company, the largest direct provider of individual life insurance in the United States.
life-insurancefinancial-planningmutual-insurance
Privately Owned
Northwestern Mutual operates independently without a large parent corporation.
InsuranceMolina Healthcare
Owned by Molina Healthcare, Inc.
American managed care brand providing Medicaid, Medicare Advantage, and Marketplace health plans to approximately 5.5 million members in 21 states.
health-insurancemedicaidmedicare-advantage
Publicly Traded
Molina Healthcare operates independently without a large parent corporation.
State Farm Mutual Automobile Insurance Company Stock Information
Jobs at State Farm Mutual Automobile Insurance Company
Latest News About State Farm Health Insurance
Related Articles About State Farm Health Insurance
View more articles
Global
Regional Brands That Got Swallowed by Multinationals
La Serenissima is now Arcor/Danone. Innovist is now L'Oreal. Zabka is being bought by Couche-Tard for $8.6B. S Brands is now Wipro. Discover regional brands swallowed by multinationals. Explore our database.
Who Brands StaffSep 26, 2026
GlobalAcquisitionsBrand Ownership
Global
Why Some Global Brands Have Different Names Abroad
Lay's is Walkers in the UK. Burger King is Hungry Jack's in Australia. KFC is PFK in Quebec. Mr. Clean is Don Limpio in Spain. Discover why global brands have different names abroad. Explore our database.
Who Brands StaffSep 24, 2026
GlobalInternationalBrand Ownership
Global
Brands That Mean Different Things in Different Countries
Fila is premium in Taipei but budget in Europe. Muller yogurt means indulgence in Italy but health in Germany. Starbucks' Tank Day caused boycotts in Korea. Discover brands that mean different things in different countries. Explore our database.
Who Brands StaffSep 23, 2026
GlobalInternationalBrand Ownership
People Also Searched
Discover popular brands and companies in the Insurance category and related searches from other users.
Brandinsurance
AIG
Master insurance brand of American International Group, covering commercial, personal, and travel insurance products in more than 200 countries.
Brand in Insurance
commercial-insuranceproperty-casualty
Brandinsurance
Allied Insurance
Des Moines-founded insurance brand of Nationwide Mutual, serving independent agents and brokers for personal and small commercial lines since 1929.
Brand in Insurance
independent-agentsproperty-casualty
Brandhealth-insurance
Anthem Blue Cross
Health insurance brand providing medical, pharmacy, behavioral, and dental coverage to individuals and employers, owned by Elevance Health.
Brand in Insurance
medical-insuranceblue-cross