BenefitsLedger
City · Plan year 2024 · Form 5500

Jonesboro, Arkansas employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

15 employers in Jonesboro, Arkansas filed health plans with 100 or more participants for plan year 2024, covering 5,395 participants. They reported $3.7M in insurance premiums and $1.8M in broker commissions and fees. Against 2023, premiums were down 3.6% and broker pay rose 48.1%.

Employer plans
15
5,395 participants
Premiums
$3.7M
−3.6% vs 2023
Broker pay
$1.8M
+48.1% vs 2023 · 15 disclosed
Median rate
n/a
too few insured medical plans

Funding: 2 fully insured · 7 self-funded · 6 mixed. 13 of 15 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Jonesboro

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

EmployerPremiumsBroker payParticipantsTop broker
Central Chevrolet Company, Inc.$1,100,607$18,484203Sunstar Insurance Group
Miracle Kids Success Academy, Inc.$771,765$64,588150Sunstar Insurance Group
Regional Health Care Holding, Inc.$641,988$26,532536Chase Cain
Arkansas Glass Container Corp$577,917$32,392221Risk Services of Louisiana Inc
E. Ritter Communications Holdings LLC$303,897$97,696449Lipscomb & Pitts Ins LLC
NEA Therapy Providers LLC$150,981$33,077137Sunstar Insurance Group LLC
Tiger Commissary Services, Inc.$70,051$9,394148Cadence Insurance Inc Nashville
Southern Marketing Affiliates, Inc.$61,248$43,603161Cadence Insurance Inc
Hytrol Conveyor Co., Inc.$0$1,081,9371,683Blue Advantage Administrators of Ar
E. C. Barton and Company$0$90,226783CBIZ
Guided Practice Solutions Dental, LLC$0$118,651296JTS Financial Services LLC
Arkansas Early Learning$0$31,625262Gallagher
Scurlock Holdings, Inc$0$33,577128Med-Pay, Inc.
Families, Inc.Of Arkansas$0$28,315122Gallagher
Delta Peanut, LLC$0$75,386116Marsh McLennan Agency

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 Jonesboro employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Jonesboro against Arkansas 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.

JonesboroArkansasUnited States
Employer plans1537158,547
Median commission raten/a3.7%3.8%
Middle half of ratesn/a2.5% – 5.1%2.7% – 5.0%
Median broker pay per employer$33,577$64,301$72,628
Medical premium per covered personn/a$5,286$7,274
Plans reporting no commission056933

Year over year. In plan year 2023, 14 Jonesboro employers reported $3.8M in premiums and $1.2M in broker pay for 5,474 participants; in 2024 it was $3.7M and $1.8M for 5,395 participants (premiums −3.6%, broker pay +48.1%).

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 Jonesboro employers pay health insurance brokers?

15 Jonesboro employers reported $1,785,483 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 Jonesboro reported premium to compute a stable commission rate; the Arkansas median is 3.7% and the U.S. median is 3.8%. In dollars, the median Jonesboro employer that disclosed broker pay reported $33,577.

Which Jonesboro employers have the largest health plans?

By insurance premium reported for 2024, Central Chevrolet Company, Inc. ($1.1M), Miracle Kids Success Academy, Inc. ($771,765), Regional Health Care Holding, Inc. ($641,988) lead. 15 Jonesboro employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Jonesboro?

By compensation reported by Jonesboro employers, the largest brokers are Blue Advantage Administrators of Ar ($728,112, 1 plans), Gallagher ($407,816, 6 plans), JTS Financial Services LLC ($118,651, 1 plans). By medical premium, the largest carriers are Arkansas Blue Cross and Blue Shield, Medical Air Services Association, Inc., Cigna Health and Life Insurance Company.

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

Of 15 Jonesboro employer plans, 2 are fully insured, 7 are self-funded and 6 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 Arkansas

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