Boca Raton, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
94 employers in Boca Raton, Florida filed health plans with 100 or more participants for plan year 2024, covering 106,769 participants. They reported $39M in insurance premiums and $16M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 5.0% of premium, against 4.6% across Florida and 3.8% nationally. Against 2023, premiums were down 9.2% and broker pay rose 5.7%.
Funding: 37 fully insured · 20 self-funded · 37 mixed. 57 of 94 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Boca Raton
Boca Raton employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Cinch Home Services | $4,621,713 | $41,453 | 543 | Lockton |
| Integrated Dermatology, LLC | $3,933,024 | $304,315 | 907 | Acrisure |
| Just Play LLC | $3,705,836 | $149,847 | 223 | The Baldwin Group |
| Boca West Country Club, Inc | $3,579,055 | $167,766 | 387 | Mayville & Associates |
| The Law Offices of Kanner and Pintaluga, P.A. | $3,197,891 | $249,006 | 432 | The Meltzer Group, Inc |
| Torticity LLC | $2,605,976 | $104,239 | 179 | RSC Insurance Brokerage Inc. |
| Haven Home Healthcare | $2,151,050 | $288,845 | 204 | USI Insurance Services |
| Fmsbonds, Inc | $2,115,194 | $79,192 | 115 | CMB & Associates Inc |
| Federation CCRC Operations Corp. | $1,440,206 | $96,385 | 285 | Meltzer Group Inc |
| BBMK Contracting, LLC | $1,261,988 | $114,676 | 177 | All Atlantic Benefits LLC |
| Gift of Life Marrow Registry, Inc | $1,180,641 | $59,032 | 105 | USI Insurance Services |
| Applied Card Systems, Inc. | $1,116,596 | $12,645 | 100 | Mercer |
| The Polo Club of Boca Raton Property Owners Association, Inc. | $1,058,677 | $99,503 | 260 | Whipple and Company |
| Nightingale Admin Services, LLC | $962,338 | $120,234 | 170 | All Atlantic Benefits LLC |
| Economos Properties LLC | $894,864 | $88,160 | 126 | Gallagher |
| Odp International, LLC | $880,171 | $824,852 | 17,383 | Marsh McLennan Agency |
| US Installation Group, Inc. | $743,509 | $54,784 | 135 | Brown & Brown |
| Jamestown Metal Marine Sales Inc | $727,198 | $48,068 | 421 | FRP Corp dba Acentria Gateway |
| Penn Florida Capital Corporation | $704,159 | $64,903 | 122 | CBIZ |
| Twin-Star International, Inc | $618,932 | $54,581 | 116 | Mercer |
| Adma, Biologics Inc. | $596,109 | $716,155 | 640 | Alliant Insurance Services |
| Freedom Mortgage Corporation | $314,439 | $127,308 | 5,928 | MGMT Compensation Group Se LLC dba |
| BPC Plasma, Inc. | $269,676 | $64,650 | 528 | Marsh McLennan Agency |
| Adt LLC | $210,138 | $1,121,798 | 19,642 | Lockton |
| Quadrant Health Group | $184,599 | $33,873 | 100 | CBIZ |
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 Boca Raton employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $4,411,357 | 12 |
| Marsh McLennan Agency | $2,009,067 | 15 |
| USI Insurance Services | $796,452 | 8 |
| Alliant Insurance Services | $791,159 | 5 |
| Mercer | $635,344 | 11 |
| Gallagher | $615,413 | 5 |
| Brown & Brown | $477,142 | 5 |
| Acrisure | $462,672 | 3 |
| Whipple and Company | $435,016 | 4 |
| CBIZ | $424,483 | 8 |
Largest medical carriers
Medical premium written for these employers.
Boca Raton against Florida 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.
| Boca Raton | Florida | United States | |
|---|---|---|---|
| Employer plans | 94 | 3,039 | 58,547 |
| Median commission rate | 5.0% (17 plans) | 4.6% | 3.8% |
| Middle half of rates | 5.0% – 5.5% | 3.7% – 5.2% | 2.7% – 5.0% |
| Median broker pay per employer | $97,944 | $83,531 | $72,628 |
| Medical premium per covered person | $9,983 | $9,849 | $7,274 |
| Plans reporting no commission | 2 | 39 | 933 |
Year over year. In plan year 2023, 99 Boca Raton employers reported $43M in premiums and $15M in broker pay for 112,698 participants; in 2024 it was $39M and $16M for 106,769 participants (premiums −9.2%, broker pay +5.7%).
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 Boca Raton employers pay health insurance brokers?
94 Boca Raton employers reported $16,161,727 in broker commissions and fees on their 2024 Form 5500 filings, 92 of them disclosing at least some compensation. Among 17 commission-paying, fully insured medical plans, the median broker rate was 5.0% of premium, 0.4 points above the Florida median of 4.6% and 1.2 points above the U.S. median of 3.8%. In dollars, the median Boca Raton employer that disclosed broker pay reported $97,944.
Which Boca Raton employers have the largest health plans?
By insurance premium reported for 2024, Cinch Home Services ($4.6M), Integrated Dermatology, LLC ($3.9M), Just Play LLC ($3.7M) lead. 25 Boca Raton employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Boca Raton?
By compensation reported by Boca Raton employers, the largest brokers are Lockton ($4.4M, 12 plans), Marsh McLennan Agency ($2.0M, 15 plans), USI Insurance Services ($796,452, 8 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Cigna Health and Life Insurance Company, Health Options.
Are Boca Raton employer health plans self-funded or fully insured?
Of 94 Boca Raton employer plans, 37 are fully insured, 20 are self-funded and 37 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 Florida
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