The Best German Health Insurance Companies: Ranked by RealRate’s Amazing AI



The results are in for RealRate’s 2023 ranking for German Private Health Insurance. The results, which are ranked by financial strength, are right here!


The Top 10 Health Insurance companies are as follows:



The top 3 Health Insurance companies in order are Mecklenburgische Kranken, R+V Kranken, and ENVIVAS Kranken.

They had Economic Capital Ratio figures of 51%, 25%, and 22%, respectively.

All 3 did well due to strong passive valuation reserves.

Mecklenburgische Kranken moved up from 4th in 2021, to 2nd in 2022 and now takes the top spot. R+V Kranken dropped from 1st to 2nd spot in the last year. ENVIVAS Kranken was in 5th last year.

From a total of 32 Health Insurance companies, 8 received our ‘Top Rated’ award.






The next 10 Health Insurance companies are as follows:



Around 11% of Germans take out a private health insurance policy. You can only sign up if you fall into one of these categories:

  • If you earn over €60,750 per year
  • If you earn under €450 per month
  • Students aged between 23-30
  • Self-employed individuals
  • Civil servants (as insurance is subsidized by the employer)

There are just over 40 companies offering private health insurance and the market is worth a colossal €49 billion.

The impressive thing we do at RealRate is to deliver utterly fair and independent company ratings, bringing together expert knowledge and innovative artificial intelligence in one package. Our AI model computes the all-important Economic Capital Ratio figure.

Looking at our model in more detail, one can see it is very much unbiased and only uses audited public data. We are not part of any insurance company.

We are fair, explain ourselves very well, and we also avoid any all-important conflicts of interest.