Lakeland, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
34 employers in Lakeland, Florida filed health plans with 100 or more participants for plan year 2024, covering 109,129 participants. They reported $14M in insurance premiums and $4.9M in broker commissions and fees. Against 2023, premiums were down 11.7% and broker pay rose 10.9%.
Funding: 14 fully insured · 11 self-funded · 9 mixed. 20 of 34 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lakeland
Lakeland employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Lakeland Regional Medical Center | $4,454,754 | $763,571 | 6,444 | Mercer |
| Publix Employee Federal Credit Union | $2,779,035 | $208,287 | 253 | HUB International |
| Saddle Creek Corporation | $2,494,543 | $716,998 | 5,662 | Mercer |
| Radiology and Imaging Specialists of Lakeland, P.A. | $1,782,666 | $159,157 | 154 | OneDigital |
| Welldynerx, LLC | $814,880 | $127,550 | 510 | Lockton |
| Steripack (USA) Limited LLC | $573,735 | $59,224 | 105 | The Baldwin Group |
| Pet Grub Holdings, LLC | $472,329 | $41,152 | 159 | Insurance Office of America |
| Agamerica Lending, LLC | $388,002 | $19,374 | 146 | Me Wilson Company, LLC |
| Wen-Lake Corporation | $377,609 | $46,796 | 165 | Providence Benefit Solutions, LL |
| Ap4 Group, LLC | $286,317 | $73,210 | 119 | HUB International |
| Publix Super Markets, Inc. | $0 | — | 84,908 | — |
| Memorial Motors, Inc. | $0 | $540,271 | 2,414 | Excalibur Financial Group |
| Watson Clinic LLP | $0 | $100,935 | 1,548 | Stealth Partner Group, LLC |
| Midflorida Credit Union | $0 | $302,255 | 914 | Stealth Partner Group LLC |
| Ome Peo Inc | $0 | $228,191 | 848 | Foundation Risk Partners Corp |
| Mid-State Machine & Fabricating Corp | $0 | $347,590 | 823 | USI Insurance Services |
| Harrells, LLC | $0 | $170,273 | 472 | OneDigital |
| Integrated Supply Network, Inc. | $0 | $38,516 | 380 | Mercer |
| Pentex Franchises LLC | $0 | $24,627 | 346 | Insurance Office of America, Inc. |
| Mutz Motors Limited Partnership dba Lakeland Automall | $0 | $23,248 | 281 | Higginbotham |
| Regal Pontiac | $0 | $81,898 | 275 | Foundation Risk Partners |
| BB BHF Stores LLC | $0 | $21,872 | 247 | WWW Insurance LLC |
| Tri-County Human Services, Inc. Health Benefit Plan | $0 | $77,962 | 245 | Excalibur Financial Group Inc |
| Lakeland Christian School | $0 | $41,369 | 232 | Stealth Partner Group LLC |
| Meadowbrook Golf Group, Inc. | $0 | $67,638 | 224 | 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 Lakeland employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $1,498,910 | 4 |
| Excalibur Financial Group | $524,246 | 2 |
| Stealth Partner Group LLC | $355,987 | 5 |
| Foundation Risk Partners Corp | $334,539 | 4 |
| USI Insurance Services | $281,985 | 1 |
| HUB International | $265,046 | 2 |
| OneDigital | $264,886 | 2 |
| Brown & Brown | $158,027 | 3 |
| Lockton | $127,551 | 2 |
| Me Wilson Company LLC | $124,017 | 2 |
Largest medical carriers
Medical premium written for these employers.
Lakeland 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.
| Lakeland | Florida | United States | |
|---|---|---|---|
| Employer plans | 34 | 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 | $77,962 | $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, 33 Lakeland employers reported $16M in premiums and $4.4M in broker pay for 106,825 participants; in 2024 it was $14M and $4.9M for 109,129 participants (premiums −11.7%, broker pay +10.9%).
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 Lakeland employers pay health insurance brokers?
34 Lakeland employers reported $4,905,589 in broker commissions and fees on their 2024 Form 5500 filings, 33 of them disclosing at least some compensation. Too few fully insured medical plans in Lakeland 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 Lakeland employer that disclosed broker pay reported $77,962.
Which Lakeland employers have the largest health plans?
By insurance premium reported for 2024, Lakeland Regional Medical Center ($4.5M), Publix Employee Federal Credit Union ($2.8M), Saddle Creek Corporation ($2.5M) lead. 25 Lakeland employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lakeland?
By compensation reported by Lakeland employers, the largest brokers are Mercer ($1.5M, 4 plans), Excalibur Financial Group ($524,246, 2 plans), Stealth Partner Group LLC ($355,987, 5 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Blue Cross Blue Shield of Florida, Health Options.
Are Lakeland employer health plans self-funded or fully insured?
Of 34 Lakeland employer plans, 14 are fully insured, 11 are self-funded and 9 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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