NAICS 524114: Direct Health and Medical Insurance Carriers
Direct Health and Medical Insurance Carriers is NAICS code 524114. A business is small under it with $47 million or less in average annual receipts. 9 federal contracts are open on SAM.gov under this code right now.
- SBA size standard
- $47 million or less in average annual receipts
- Open contracts now
- 9
- Federal spending, FY2025
- $47.6 billion
- Share won by small businesses
- 0%
- Small businesses registered
- 217
Open federal contracts for direct health and medical insurance carriers
- Health and Life Insurance Services
Due in 11 daysOct 15, 2026
- Health Insurance for Locally Employed Staff, US Embassy Maputo, Mozambique
Due in 26 daysOct 30, 2026
- Medicare Administrative Contractor (MAC) Jurisdiction 8 (J8) - Final Solicitation
Due in 29 daysNov 2, 2026
- Medicare Administrative Contractor (MAC) Jurisdiction 8 (J8) - Synopsis/Draft RFP / Presolicitation
✦ The Centers for Medicare and Medicaid Services (CMS) plans a full and open competition for a Medicare Administrative Contractor to process Medicare fee-for-service claims for…
Due in 29 daysNov 2, 2026
- Health Insurance for Locally Employed Staff, US Embassy Tashkent, Uzbekistan
Due in 31 daysNov 4, 2026
- Health Insurance for Locally Employed Staff
Due in 42 daysNov 16, 2026
What NAICS 524114 covers
The Census Bureau's NAICS index lists these kinds of work under 524114:
- Dental insurance carriers, direct
- Group hospitalization plans without providing health care services
- Health insurance carriers, direct
- Hospital and medical service plans, direct, without providing health care services
- Hospitalization insurance carriers, direct, without providing health care services
- Insurance carriers, health, direct
- Insurance underwriting, health and medical, direct
- Medical insurance carriers, direct
- Medical service plans without providing health care services
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 524114
To count as a small business for a contract assigned NAICS 524114, your business must have $47 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys direct health and medical insurance carriers
Agencies that awarded the most under NAICS 524114 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Department of Veterans Affairs | $90.7 billion |
| Defense Health Agency | $42.4 billion |
| Centers for Medicare and Medicaid Services | $3.6 billion |
| U.S. Marshals Service | $337.3 million |
| Department of State | $276.9 million |
| Centers for Disease Control and Prevention | $79.3 million |
| Securities and Exchange Commission | $22.5 million |
| Federal Prison System / Bureau of Prisons | $21.8 million |
Open notices right now come from Department of State (7) and Department of Health and Human Services (2).
Set-asides on open 524114 contracts
- No set-aside (full and open): 9
Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.
Your competition
217 businesses with active SAM.gov registrations are rated small under NAICS 524114, most of them in Florida (24), Texas (23), Georgia (21), Virginia (18) and Maryland (16). Look any of them up with the free CAGE code and UEI lookup.
Federal spending under 524114 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $43.9 billion |
| FY2025 | $47.6 billion |
| FY2026 | $46 billion |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
- 524113 Direct Life Insurance Carriers
- 524126 Direct Property and Casualty Insurance Carriers
- 524127 Direct Title Insurance Carriers
- 524128 Other Direct Insurance (except Life, Health, and Medical) Carriers
- 524130 Reinsurance Carriers
Frequently asked questions
What is NAICS code 524114?
524114 is the 2022 NAICS code for Direct Health and Medical Insurance Carriers. The Census Bureau's index lists work such as dental insurance carriers, direct, group hospitalization plans without providing health care services, health insurance carriers, direct under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 524114?
$47 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for direct health and medical insurance carriers?
Yes. 9 federal contract opportunities under NAICS 524114 are open on SAM.gov right now. Agencies obligated about $47.6 billion under this code in fiscal year 2025, according to USAspending.gov.
How do I add NAICS code 524114 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.