Clearwater, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
70 employers in Clearwater, Florida filed health plans with 100 or more participants for plan year 2024, covering 76,585 participants. They reported $25M in insurance premiums and $10.0M 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 up 50.3% and broker pay rose 3.4%.
Funding: 23 fully insured · 21 self-funded · 26 mixed. 47 of 70 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Clearwater
Clearwater employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Full Circle Fiber Partners LLC | $4,505,089 | $372,217 | 959 | Thompson Flanagan & Co |
| Decks & Docks Lumber Company | $1,982,161 | $131,754 | 174 | Stahl & Associates Insurance Inc. |
| Corerx, Inc. | $1,762,231 | $149,056 | 192 | Marsh McLennan Agency |
| Lokey Automotive Group | $1,627,474 | $103,786 | 355 | Marsh McLennan Agency |
| Tampa Microwave, LLC | $1,472,682 | $76,300 | 103 | USI Insurance Services |
| Parkway Maintenance & Management Pinellas, LLC | $1,426,989 | $76,982 | 144 | Alliant Insurance Services |
| Mercury Enterprises Inc | $1,400,129 | $62,562 | 164 | Wallace Welch and Willingham, Inc. |
| Pods Enterprises LLC | $1,293,906 | $146,444 | 2,164 | Explain MY Benefits, LLC |
| Directions for Mental Health, Inc. | $1,255,286 | $78,111 | 167 | Higginbotham |
| YMCA of the Suncoast, Inc. | $1,166,993 | $34,813 | 152 | USI Insurance Services |
| Docuphase LLC | $1,120,895 | $72,959 | 114 | IMA Financial |
| Sand Key Associates, LP, dba Sheraton Sand Key Resort | $1,020,175 | $22,445 | 170 | Brown & Brown |
| PFC Shared Services | $805,930 | $78,460 | 219 | Teaberry Benefit Analysts LLC |
| Waterside Automotive, LLC | $770,928 | $56,879 | 118 | Wallace, Welch, and Willingham Inc |
| National Aviation Academy of Mississippi, Inc. | $723,798 | $56,088 | 124 | Pineywoods Benefits Agency, LLC |
| Es Investments, LLC | $651,462 | $50,389 | 108 | USI Insurance Services |
| Esplanade Equity, LLC | $634,787 | $61,258 | 256 | Lockton |
| MSP Industries, LLC | $562,932 | $38,445 | 111 | Connor & Gallagher Insurance Servic |
| Smith Industries, Inc. | $497,515 | $31,814 | 100 | Higginbotham |
| Travelopia USA, Inc | $233,635 | $12,045 | 425 | Connexion Insurance Solutions |
| Amerilife US, LLC | $145,795 | $417,361 | 1,827 | National Ins Marketing Brokers |
| Baycare Health System, Inc. | $0 | $851,941 | 27,856 | Willis Towers Watson |
| Lincare Inc. | $0 | $1,174,163 | 11,373 | Benefit Express Services |
| Aspen HR Peo, LLC | $0 | $924,950 | 6,953 | HUB International |
| Frankcrum 11, Inc. | $0 | $466,488 | 5,185 | Frankcrum Insurance 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 Clearwater employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| HUB International | $1,737,384 | 7 |
| Marsh McLennan Agency | $842,278 | 13 |
| Benefit Express Services | $796,591 | 1 |
| Willis Towers Watson | $670,665 | 3 |
| USI Insurance Services | $666,710 | 9 |
| Acrisure | $628,468 | 8 |
| Frankcrum Insurance Agency Inc | $465,663 | 1 |
| Thompson Flanagan Benefits Group | $369,981 | 1 |
| Explain MY Benefits LLC | $340,064 | 2 |
| Wex Health, Inc. | $277,665 | 1 |
Largest medical carriers
Medical premium written for these employers.
Clearwater 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.
| Clearwater | Florida | United States | |
|---|---|---|---|
| Employer plans | 70 | 3,039 | 58,547 |
| Median commission rate | 5.0% (15 plans) | 4.6% | 3.8% |
| Middle half of rates | 4.3% – 5.1% | 3.7% – 5.2% | 2.7% – 5.0% |
| Median broker pay per employer | $74,630 | $83,531 | $72,628 |
| Medical premium per covered person | $9,580 | $9,849 | $7,274 |
| Plans reporting no commission | 1 | 39 | 933 |
Year over year. In plan year 2023, 67 Clearwater employers reported $17M in premiums and $9.7M in broker pay for 72,585 participants; in 2024 it was $25M and $10.0M for 76,585 participants (premiums +50.3%, broker pay +3.4%).
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 Clearwater employers pay health insurance brokers?
70 Clearwater employers reported $9,983,684 in broker commissions and fees on their 2024 Form 5500 filings, 70 of them disclosing at least some compensation. Among 15 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 Clearwater employer that disclosed broker pay reported $74,630.
Which Clearwater employers have the largest health plans?
By insurance premium reported for 2024, Full Circle Fiber Partners LLC ($4.5M), Decks & Docks Lumber Company ($2.0M), Corerx, Inc. ($1.8M) lead. 25 Clearwater employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Clearwater?
By compensation reported by Clearwater employers, the largest brokers are HUB International ($1.7M, 7 plans), Marsh McLennan Agency ($842,278, 13 plans), Benefit Express Services ($796,591, 1 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Health Options, Cigna Health and Life Insurance Company.
Are Clearwater employer health plans self-funded or fully insured?
Of 70 Clearwater employer plans, 23 are fully insured, 21 are self-funded and 26 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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