BenefitsLedger
Insurance carrier · Plan year 2024 · Form 5500 Schedule A

Independent Health Benefits Corporation

Independent Health Benefits Corporation appeared on 89 contracts at 72 employer health plans in plan year 2024 filings, with $36M in earned premium, ranking #89 of 1,452 carriers. Its medical contracts covered 14,296 people. Employers reported broker commissions and fees of $1.5M on those contracts, 4.2% of premium.

Premium
$36M
$36M medical
Employers
72
89 contracts
People covered
14,296
medical contracts, year end
Broker pay
4.2%
$1.5M · U.S. median 3.8%

Coverage lines on its contracts: health (87), prescription drug (44), HMO (11), vision (5), PPO (5), stop-loss (2).

Where it writes the most

Medical premium by employer state.

Largest clients

Employer plans reporting the most premium with this carrier.

EmployerPremiumParticipants
Independent Health Association, Inc. · New York$26,937,9841,679
Suburban Adult Services, Inc. · New York$4,553,7482,273
Jericho Road Ministries, Inc · New York$2,477,469193
Ima Life North America · New York$2,104,049137
Wieland Rolled Products North America Buffalo, Inc. · New York$0899
US Foods, Inc. · Illinois$026,527
University Pediatric Associates, Inc. · New York$0191
University at Buffalo Neurosurgery, Inc. · New York$0133
Ub Foundation Activities, Inc. · New York$0272
U.A. Plumbers and Steamfitters Local 22 Health Fund · New York$01,351
The Summit Center Inc. · New York$0334
The Research Foundation for SUNY · New York$04,224
The Research Foundation for SUNY · New York$04,224
The Arc Wayne · New York$0279
The Apex Paper Box Company & Subsidisaries · Ohio$0186
The Act 1 Group, Inc. · California$01,578
T.L. Cannon Corporation · Florida$0316
SHC Services, Inc. · Utah$02,697
Serfilco Filtration Corporation · Illinois$0189
SEIU Local 200 United Benefit Fund · New York$0800
Schofield Residence Inc. · New York$0102
Say Yes Buffalo Scholarship Inc · New York$0141
Reid Stores, Inc. · New York$0113
Pressure Vessel Service, Inc. · Michigan$01,241
People Inc. · New York$03,867

Filed under 4 spellings, including Independent Health Benefits Corporation; Independent Health; Independent Health Benefit Corporation; Independent Health Benefits Corp; this page adds them together.

Source: DOL Form 5500 Schedule A, plan year 2024; built October 24, 2026. One insurer's filed spellings (for example "Blue Cross Blue Shield", "BlueCross BlueShield" and "Blue Cross and Blue Shield" of the same state) are grouped on one page; different state plans stay separate.

How many employer health plans does Independent Health Benefits Corporation insure?

Independent Health Benefits Corporation was named on 89 insurance contracts at 72 employers with 100 or more participants in plan year 2024 filings, with $36,073,250 in earned premium and 14,296 people covered on medical contracts.

How much do brokers earn on Independent Health Benefits Corporation contracts?

Employers reported $1,528,700 in broker commissions and fees on Independent Health Benefits Corporation contracts, 4.2% of premium. The all-carrier median on fully insured medical plans is 3.8%.

Where is Independent Health Benefits Corporation strongest?

By medical premium, its largest states are New York, Illinois, Ohio.

Is this your company's plan? Get a written review of the filing.
A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.