Tuscaloosa, Alabama employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
16 employers in Tuscaloosa, Alabama filed health plans with 100 or more participants for plan year 2024, covering 16,962 participants. They reported $43M in insurance premiums and $3.7M in broker commissions and fees. Against 2023, premiums were down 2.6% and broker pay fell 16.0%.
Funding: 7 fully insured · 4 self-funded · 5 mixed. 9 of 16 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Tuscaloosa
Tuscaloosa employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Peco Foods, Inc. | $25,916,489 | $1,653,619 | 6,230 | Marsh McLennan Agency |
| Bryant Bank | $3,068,715 | $60,686 | 289 | Cobbs Allen |
| Alabama One Credit Union | $2,794,505 | $170,899 | 244 | Benefits Partner dba Salus Grou |
| TTL, Inc | $2,657,732 | $147,866 | 380 | Lakeshore Benefit Alliance LLC |
| Sealy Management Co, Inc. | $2,131,610 | $53,418 | 276 | Marsh McLennan Agency |
| Alabama Credit Union | $1,884,354 | $489,234 | 376 | Nationwide Insurance |
| Boone Newsmedia, Inc. | $1,657,726 | $146,386 | 329 | Gallagher |
| Whatley Health Services, Inc. | $1,045,208 | $12,302 | 125 | The Baldwin Group |
| The Radiology Clinic, LLC | $1,010,837 | $17,066 | 122 | Fitts Agency, Inc |
| Community Service Programs of West Alabama, Inc. | $524,974 | $40,042 | 143 | The Baldwin Group |
| Industrial Warehouse Services, Inc. | $428 | $41,715 | 126 | Valent Group, LLC |
| NHS Management, LLC | $0 | $664,809 | 6,156 | Lockton |
| Phifer Incorporated | $0 | $82,941 | 1,112 | Cobbs Allen |
| Randall-Reilly, LLC | $0 | $70,233 | 562 | Valent Group, LLC |
| Brandon Harbin | $0 | — | 289 | — |
| Northstar EMS, Inc. | $0 | $51,383 | 203 | Rookis Agency Inc. |
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 Tuscaloosa employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $972,486 | 2 |
| Patriot Growth | $579,599 | 2 |
| Lockton | $479,390 | 1 |
| Nationwide Insurance | $266,466 | 1 |
| Gallagher | $202,391 | 2 |
| Benefit Communications Inc | $185,420 | 1 |
| Benefits Partner LLC dba Salus Gro | $157,982 | 1 |
| Selerix Insurance Services, LLC | $150,000 | 1 |
| Lakeshore Benefit Alliance | $100,591 | 3 |
| Cobbs Allen | $89,332 | 2 |
Largest medical carriers
Medical premium written for these employers.
Tuscaloosa against Alabama 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.
| Tuscaloosa | Alabama | United States | |
|---|---|---|---|
| Employer plans | 16 | 638 | 58,547 |
| Median commission rate | n/a | 3.7% | 3.8% |
| Middle half of rates | n/a | 3.0% – 4.8% | 2.7% – 5.0% |
| Median broker pay per employer | $70,233 | $64,089 | $72,628 |
| Medical premium per covered person | $6,315 | $6,384 | $7,274 |
| Plans reporting no commission | 7 | 272 | 933 |
Year over year. In plan year 2023, 17 Tuscaloosa employers reported $44M in premiums and $4.4M in broker pay for 16,688 participants; in 2024 it was $43M and $3.7M for 16,962 participants (premiums −2.6%, broker pay −16.0%).
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 Tuscaloosa employers pay health insurance brokers?
16 Tuscaloosa employers reported $3,702,599 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in Tuscaloosa reported premium to compute a stable commission rate; the Alabama median is 3.7% and the U.S. median is 3.8%. In dollars, the median Tuscaloosa employer that disclosed broker pay reported $70,233.
Which Tuscaloosa employers have the largest health plans?
By insurance premium reported for 2024, Peco Foods, Inc. ($26M), Bryant Bank ($3.1M), Alabama One Credit Union ($2.8M) lead. 16 Tuscaloosa employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Tuscaloosa?
By compensation reported by Tuscaloosa employers, the largest brokers are Marsh McLennan Agency ($972,486, 2 plans), Patriot Growth ($579,599, 2 plans), Lockton ($479,390, 1 plans). By medical premium, the largest carriers are Blue Cross and Blue Shield of Alabama, Markel Insurance Company.
Are Tuscaloosa employer health plans self-funded or fully insured?
Of 16 Tuscaloosa employer plans, 7 are fully insured, 4 are self-funded and 5 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.
Other cities in Alabama
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