Coral Gables, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
44 employers in Coral Gables, Florida filed health plans with 100 or more participants for plan year 2024, covering 85,568 participants. They reported $13M in insurance premiums and $5.8M in broker commissions and fees. Against 2023, premiums were down 10.3% and broker pay fell 14.7%.
Funding: 16 fully insured · 14 self-funded · 14 mixed. 28 of 44 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Coral Gables
Coral Gables employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Acorn Health | $3,826,968 | $266,022 | 1,182 | Maria Fuentes |
| Early Learning Coalition of Miami-Dade/Monroe | $3,366,062 | $224,852 | 273 | World Insurance Associates |
| Catalyst Pharmaceuticals, Inc. | $2,469,630 | $169,554 | 155 | Cross Insurance |
| Mastec, Inc. | $1,792,165 | $959,233 | 22,511 | Afinca, LLC |
| University of Miami | $1,077,345 | $91,782 | 16,120 | Gallagher |
| Trax USA Corp | $681,634 | $45,701 | 107 | Brown & Brown |
| Big Bang Enterprises, Inc. | $67,104 | $68,151 | 1,141 | Lockton |
| Baptist Health South Florida, Inc. | $0 | — | 27,548 | — |
| Renuity, LLC | $0 | $546,903 | 2,417 | Lockton |
| Quirch Foods LLC | $0 | $189,216 | 1,717 | Lockton |
| C and C North America, Inc. | $0 | $135,998 | 1,247 | Gallagher |
| Del Monte Fresh Produce Company | $0 | $282,017 | 908 | Marsh McLennan Agency |
| Bacardi USA Inc and Affiliates | $0 | $160,447 | 770 | Marsh McLennan Agency |
| Best Labor Contractors, LLC | $0 | $84,361 | 717 | USI Insurance Services |
| Bayview Asset Managment, LLC | $0 | $119,728 | 673 | GCG Financial, LLC |
| Amerant Bank, N.A. | $0 | $100,905 | 664 | Marsh McLennan Agency |
| Bayview MSR Opportunity Corp | $0 | $113,633 | 659 | GCG Financial, LLC |
| Health Holdings LLC | $0 | $57,934 | 570 | USI Insurance Services |
| Wicker, Smith, O'hara, McCoy & Ford, P.A. | $0 | $43,326 | 519 | Worlds Insurance Associates LLC |
| Bij Motors Coral Gables | $0 | — | 501 | — |
| The Biltmore Hotel | $0 | $69,032 | 351 | Lockton |
| Allvue Systems, LLC | $0 | $32,262 | 343 | Lockton |
| Kidz Medical Services, Inc. | $0 | $104,660 | 332 | OneDigital |
| Gables Engineering, Inc. | $0 | $70,605 | 289 | Mercer |
| Hs1 Medical Management, Inc. | $0 | $231,298 | 289 | Insight Bus. & Ins. Solutions, 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 Coral Gables employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $976,114 | 7 |
| Marsh McLennan Agency | $721,954 | 6 |
| Gallagher | $629,223 | 5 |
| Afinca, LLC | $601,697 | 1 |
| World Insurance Associates | $364,434 | 2 |
| USI Insurance Services | $289,768 | 8 |
| GCG Financial LLC | $232,922 | 2 |
| Insight Bus. & Ins. Solutions, Inc. | $231,298 | 1 |
| OneDigital | $165,576 | 2 |
| Brown & Brown | $153,849 | 2 |
Largest medical carriers
Medical premium written for these employers.
Coral Gables 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.
| Coral Gables | Florida | United States | |
|---|---|---|---|
| Employer plans | 44 | 3,039 | 58,547 |
| Median commission rate | n/a | 4.6% | 3.8% |
| Middle half of rates | n/a | 3.7% – 5.2% | 2.7% – 5.0% |
| Median broker pay per employer | $100,905 | $83,531 | $72,628 |
| Medical premium per covered person | n/a | $9,849 | $7,274 |
| Plans reporting no commission | 0 | 39 | 933 |
Year over year. In plan year 2023, 48 Coral Gables employers reported $15M in premiums and $6.7M in broker pay for 82,429 participants; in 2024 it was $13M and $5.8M for 85,568 participants (premiums −10.3%, broker pay −14.7%).
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 Coral Gables employers pay health insurance brokers?
44 Coral Gables employers reported $5,756,227 in broker commissions and fees on their 2024 Form 5500 filings, 41 of them disclosing at least some compensation. Too few fully insured medical plans in Coral Gables reported premium to compute a stable commission rate; the Florida median is 4.6% and the U.S. median is 3.8%. In dollars, the median Coral Gables employer that disclosed broker pay reported $100,905.
Which Coral Gables employers have the largest health plans?
By insurance premium reported for 2024, Acorn Health ($3.8M), Early Learning Coalition of Miami-Dade/Monroe ($3.4M), Catalyst Pharmaceuticals, Inc. ($2.5M) lead. 25 Coral Gables employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Coral Gables?
By compensation reported by Coral Gables employers, the largest brokers are Lockton ($976,114, 7 plans), Marsh McLennan Agency ($721,954, 6 plans), Gallagher ($629,223, 5 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Blue Cross Blue Shield of Michigan, Cigna Health and Life Insurance Company.
Are Coral Gables employer health plans self-funded or fully insured?
Of 44 Coral Gables employer plans, 16 are fully insured, 14 are self-funded and 14 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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