BenefitsLedger
City · Plan year 2024 · Form 5500

Anchorage, Alaska employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

67 employers in Anchorage, Alaska filed health plans with 100 or more participants for plan year 2024, covering 56,226 participants. They reported $30M in insurance premiums and $7.1M in broker commissions and fees. Against 2023, premiums were up 20.2% and broker pay rose 23.9%.

Employer plans
67
56,226 participants
Premiums
$30M
+20.2% vs 2023
Broker pay
$7.1M
+23.9% vs 2023 · 64 disclosed
Median rate
n/a
too few insured medical plans

Funding: 8 fully insured · 36 self-funded · 23 mixed. 59 of 67 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Anchorage

Anchorage employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Cook Inlet Region, Inc$20,832,444$46,9321,380Federal Employee Health Benefits
Chenega Corporation$5,212,080$901,3276,407Marsh McLennan Agency
Tumeq LLC$2,506,347$260,920340Blakely Genoble - the Cason Group
The Tatitlek Corporation$674,462$314,138621Alliant Insurance Services
Chugach Federal Solutions, Inc.$435,722$8,844100David D. Pittard
Bristol Bay Native Corporation$0$497,4056,070The Wilson Agency, an Alera Agency
Joint Board of Trustees Alaska Electrical Health and Welfare Fund$0$224,3513,726Centerstone Insurance & Financial
Ukpeagvik Inupiat Corporation and Subsidiary$0$117,7142,868Alliant Insurance Services
Alaska Native Tribal Health Consortium$0$180,5402,784Alliant Insurance Services
Afognak Native Corporation$0$198,2272,728USI Insurance Services
Koniag, Inc.$0$143,1592,303USI Insurance Services
Calista Corporation$0$99,5432,142Alliant Insurance Services
Global Federal Credit Union$0$143,6031,941Acrisure
Nana Management Services$0$33,3221,799Mercer
General Communication Inc$0$113,0561,745Willis Towers Watson
Alaska Teamster Employer Welfare Trust$0$169,9821,729Centerstone Insurance and Financial
Old Harbor Native Corporation$0$394,4331,349USI Insurance Services
Bering Straits Native Corporation$0$301,112893Alliant Insurance Services
The North West Company - International Inc.$0$18,423850USI Insurance Services
Chugach Government Solutions, LLC$0$248,018835Alliant Insurance Services
Alyeska Pipeline Service Company$0—779—
The Aleut Corporation$0—670—
First National Bank Alaska$0$97,865618Alliant Insurance Services
Nana Regional Corporation, Inc.$0$68,571565Mercer
Olgoonik Development, LLC$0$191,249562USI Insurance Services

Source: DOL Form 5500 Schedule A, plan year 2024; employers are grouped by the sponsor's mailing city as filed. Self-funded employers show only stop-loss and ancillary premium.

Who gets paid

Commissions and fees reported by Anchorage employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Anchorage against Alaska and the U.S.

Medians over the same definitions on every BenefitsLedger page: commission rate on commission-paying, fully insured medical plans; broker pay per employer that disclosed any; medical premium per covered person.

AnchorageAlaskaUnited States
Employer plans679758,547
Median commission raten/a2.0%3.8%
Middle half of ratesn/a1.1% – 3.9%2.7% – 5.0%
Median broker pay per employer$60,117$59,787$72,628
Medical premium per covered personn/an/a$7,274
Plans reporting no commission00933

Year over year. In plan year 2023, 62 Anchorage employers reported $25M in premiums and $5.8M in broker pay for 50,239 participants; in 2024 it was $30M and $7.1M for 56,226 participants (premiums +20.2%, broker pay +23.9%).

Source: DOL Form 5500 and Schedule A, plan years 2024 and 2023, employer health plans with 100 or more participants; built October 24, 2026. Medians need at least 10 rated plans to be shown for a city. Methodology.

How much do Anchorage employers pay health insurance brokers?

67 Anchorage employers reported $7,145,656 in broker commissions and fees on their 2024 Form 5500 filings, 64 of them disclosing at least some compensation. Too few fully insured medical plans in Anchorage reported premium to compute a stable commission rate; the Alaska median is 2.0% and the U.S. median is 3.8%. In dollars, the median Anchorage employer that disclosed broker pay reported $60,117.

Which Anchorage employers have the largest health plans?

By insurance premium reported for 2024, Cook Inlet Region, Inc ($21M), Chenega Corporation ($5.2M), Tumeq LLC ($2.5M) lead. 25 Anchorage employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Anchorage?

By compensation reported by Anchorage employers, the largest brokers are Marsh McLennan Agency ($1.5M, 13 plans), Alliant Insurance Services ($1.5M, 14 plans), USI Insurance Services ($1.2M, 12 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of South Carolina, Blue Cross and Blue Shield of Alabama, Bluecross Blueshield of Tennessee, Inc..

Are Anchorage employer health plans self-funded or fully insured?

Of 67 Anchorage employer plans, 8 are fully insured, 36 are self-funded and 23 mix insured and self-funded coverage. Self-funded plans report only stop-loss and ancillary contracts on Schedule A, so their premium and broker pay understate total spend.

Your company's filing, read for you

Is your company on this page? Get its Form 5500 read next to the Anchorage, Alaska medians.

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