Celtic Insurance Company is a major provider of individual health insurance plans. The company headquarters is in Chicago, Illinois, and is licensed to do business throughout the United States, except in New York. Approximately 90,000 people are covered by Celtic plans.
Celtic was founded in 1978. It began as a broker, insurance, and reinsurance company for group life and health coverage. Since that time, its focus has narrowed to individual health coverage. For over 10 years, Celtic has earned excellent ratings for its financial condition and operating performance. These ratings reflect the company's profitability, high-quality investment portfolio, and strong capital position. Celtic does not own junk bonds, real estate, or direct mortgage loans. It also does not have outstanding debt.