Colorado Springs, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
73 employers in Colorado Springs, Colorado filed health plans with 100 or more participants for plan year 2024, covering 38,444 participants. They reported $2.8M in insurance premiums and $7.3M in broker commissions and fees. Against 2023, premiums were down 50.8% and broker pay rose 38.0%.
Funding: 13 fully insured · 36 self-funded · 24 mixed. 60 of 73 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Colorado Springs
Colorado Springs employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Envision Management | $728,653 | $147,243 | 1,402 | Alliant Insurance Services |
| Peak Vista Community Health Centers | $371,282 | $51,125 | 784 | Lockton |
| Energy Resource Center | $299,611 | $3,638 | 105 | Peak Benefits |
| Goodwill of Colorado | $266,294 | $68,225 | 1,614 | USI Insurance Services |
| Bethesda Associates | $251,694 | $30,342 | 783 | HUB International |
| Rocky Mountain Health Care Services | $213,014 | $44,908 | 405 | Gallagher |
| The Resource Exchange | $156,062 | $31,868 | 350 | IMA Financial |
| Matrix Design Group, Inc. | $151,238 | $143,524 | 203 | Gallagher |
| Community Partnership for Child Development | $125,358 | $80,746 | 351 | HUB International |
| Humane Society of the Pikes Peak Region | $88,044 | $50,488 | 238 | HUB International |
| Peak Dental Services, LLC | $83,722 | $32,537 | 451 | Modern Financial LLC |
| Delta Solutions and Strategies LLC | $17,737 | $104,167 | 337 | HUB International |
| V2x Inc. | $0 | $2,940,663 | 9,538 | CBIZ |
| Century Casinos Inc. | $0 | $117,172 | 1,937 | IMA Financial |
| Junior Achievement, USA | $0 | $141,250 | 1,644 | Mercer |
| Ent Credit Union | $0 | $220,671 | 1,416 | Alterity Broker Solutions, Inc |
| The Colorado College | $0 | — | 1,140 | — |
| Frontgrade Technologies LLC | $0 | $21,047 | 1,127 | Marsh McLennan Agency |
| Phil Long Dealerships, Inc. | $0 | $240,575 | 1,098 | World Insurance Associates |
| The Navigators | $0 | — | 960 | — |
| Hero Dvo | $0 | $64,733 | 754 | Benefits Broker, Inc |
| Broadmoor Hotel, Inc. | $0 | $71,467 | 661 | Willis Towers Watson |
| Teknowledge Ops, USA, Inc. | $0 | $134,355 | 658 | Holmes Murphy |
| Apogee Engineering | $0 | $52,522 | 653 | IMA Financial |
| Focus on the Family | $0 | — | 507 | — |
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 Colorado Springs employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| CBIZ | $1,018,752 | 2 |
| Lockton | $696,919 | 6 |
| HUB International | $689,294 | 13 |
| BSC Agency LLC | $622,975 | 1 |
| NFP | $622,702 | 4 |
| Bcinsourcing, LLC | $384,206 | 1 |
| USI Insurance Services | $378,827 | 16 |
| BC Insourcing, LLC | $350,881 | 1 |
| IMA Financial | $350,182 | 7 |
| Gallagher | $232,466 | 3 |
Largest medical carriers
Medical premium written for these employers.
Colorado Springs against Colorado 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.
| Colorado Springs | Colorado | United States | |
|---|---|---|---|
| Employer plans | 73 | 1,040 | 58,547 |
| Median commission rate | n/a | 5.0% | 3.8% |
| Middle half of rates | n/a | 1.8% – 9.3% | 2.7% – 5.0% |
| Median broker pay per employer | $39,435 | $46,030 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 2 | 933 |
Year over year. In plan year 2023, 67 Colorado Springs employers reported $5.6M in premiums and $5.3M in broker pay for 33,357 participants; in 2024 it was $2.8M and $7.3M for 38,444 participants (premiums −50.8%, broker pay +38.0%).
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 Colorado Springs employers pay health insurance brokers?
73 Colorado Springs employers reported $7,338,214 in broker commissions and fees on their 2024 Form 5500 filings, 69 of them disclosing at least some compensation. Too few fully insured medical plans in Colorado Springs reported premium to compute a stable commission rate; the Colorado median is 5.0% and the U.S. median is 3.8%. In dollars, the median Colorado Springs employer that disclosed broker pay reported $39,435.
Which Colorado Springs employers have the largest health plans?
By insurance premium reported for 2024, Envision Management ($728,653), Peak Vista Community Health Centers ($371,282), Energy Resource Center ($299,611) lead. 25 Colorado Springs employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Colorado Springs?
By compensation reported by Colorado Springs employers, the largest brokers are CBIZ ($1.0M, 2 plans), Lockton ($696,919, 6 plans), HUB International ($689,294, 13 plans). By medical premium, the largest carriers are Unitedhealthcare Insurance Company, Continental American Insurance Company, Cigna Health and Life Insurance Company.
Are Colorado Springs employer health plans self-funded or fully insured?
Of 73 Colorado Springs employer plans, 13 are fully insured, 36 are self-funded and 24 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 Colorado
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