Deerfield, Illinois employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
21 employers in Deerfield, Illinois filed health plans with 100 or more participants for plan year 2024, covering 305,377 participants. They reported $25M in insurance premiums and $5.0M in broker commissions and fees. Against 2023, premiums were down 38.6% and broker pay fell 21.4%.
Funding: 4 fully insured · 6 self-funded · 11 mixed. 17 of 21 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Deerfield
Deerfield employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Walgreen Co. | $13,043,742 | $1,587,152 | 250,154 | Aon |
| Holden Industries, Inc | $12,181,364 | $196,641 | 1,300 | HUB International |
| Lundbeck, LLC | $233,034 | $106,565 | 973 | Benefitstore Inc |
| Baxter International Inc | $0 | $194,036 | 31,689 | Willis Towers Watson |
| Fortune Brands Home & Security, Inc. | $0 | $401,078 | 5,932 | Mercer |
| Alera Group, Inc. | $0 | $326,968 | 4,100 | C M Smith Agency Inc |
| Essendant | $0 | $290,826 | 3,612 | Lockton |
| Baxter Healthcare of Puerto Rico LLC | $0 | $3,823 | 2,107 | Willis Towers Watson |
| Planet Equity Group, LLC | $0 | $191,833 | 1,500 | Brown & Brown |
| Premistar, LLC | $0 | $400,820 | 1,096 | Lockton |
| Miller, Cooper & Co., LTD. | $0 | $215,874 | 425 | Associated Agencies |
| Vantage Specialty Chemicals, Inc. and Affiliates | $0 | $22,596 | 374 | Benefit Educators, LLC |
| Meridian Group International | $0 | $316,867 | 336 | Lockton |
| RMS Lifeline, Inc. | $0 | $235,041 | 313 | Gallagher |
| Stride Autism Centers, P.C. | $0 | $72,898 | 293 | Associated Agencies |
| Zifo Technologies Inc | $0 | $155,865 | 245 | GCG Financial LLC |
| Vail Systems Incorporated | $0 | $173,326 | 227 | NFP |
| Curion, LLC | $0 | $31,732 | 209 | Marsh McLennan Agency |
| Lanzajet, Inc. | $0 | $17,874 | 197 | The Plexus Groupe LLC |
| Banner Property Management, LLC | $0 | $76,723 | 185 | Gallagher |
| KGH Consultation & Treatment, Inc. dba KGH Autism Services | $0 | $25,579 | 110 | Gallagher |
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 Deerfield employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Aon | $1,472,702 | 2 |
| Lockton | $894,910 | 3 |
| Gallagher | $332,929 | 3 |
| Mercer | $325,915 | 1 |
| HUB International | $236,068 | 2 |
| Associated Agencies, Inc. | $231,318 | 2 |
| Willis Towers Watson | $200,710 | 3 |
| C M Smith Agency LLC | $199,385 | 1 |
| NFP | $174,875 | 2 |
| GCG Financial LLC | $158,816 | 3 |
Largest medical carriers
Medical premium written for these employers.
Deerfield against Illinois 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.
| Deerfield | Illinois | United States | |
|---|---|---|---|
| Employer plans | 21 | 2,831 | 58,547 |
| Median commission rate | n/a | 1.5% | 3.8% |
| Middle half of rates | n/a | 0.4% – 3.1% | 2.7% – 5.0% |
| Median broker pay per employer | $191,833 | $85,899 | $72,628 |
| Medical premium per covered person | n/a | $6,708 | $7,274 |
| Plans reporting no commission | 0 | 30 | 933 |
Year over year. In plan year 2023, 22 Deerfield employers reported $41M in premiums and $6.4M in broker pay for 303,040 participants; in 2024 it was $25M and $5.0M for 305,377 participants (premiums −38.6%, broker pay −21.4%).
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 Deerfield employers pay health insurance brokers?
21 Deerfield employers reported $5,044,117 in broker commissions and fees on their 2024 Form 5500 filings, 21 of them disclosing at least some compensation. Too few fully insured medical plans in Deerfield reported premium to compute a stable commission rate; the Illinois median is 1.5% and the U.S. median is 3.8%. In dollars, the median Deerfield employer that disclosed broker pay reported $191,833.
Which Deerfield employers have the largest health plans?
By insurance premium reported for 2024, Walgreen Co. ($13M), Holden Industries, Inc ($12M), Lundbeck, LLC ($233,034) lead. 21 Deerfield employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Deerfield?
By compensation reported by Deerfield employers, the largest brokers are Aon ($1.5M, 2 plans), Lockton ($894,910, 3 plans), Gallagher ($332,929, 3 plans). By medical premium, the largest carriers are Triple S Salud, Inc., MCS Life Insurance Company, Kaiser Foundation Health Plan of Washington Options, Inc..
Are Deerfield employer health plans self-funded or fully insured?
Of 21 Deerfield employer plans, 4 are fully insured, 6 are self-funded and 11 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 Illinois
Is your company on this page? Get its Form 5500 read next to the Deerfield, Illinois medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.