BenefitsLedger
City · Plan year 2024 · Form 5500

Evansville, Indiana employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

50 employers in Evansville, Indiana filed health plans with 100 or more participants for plan year 2024, covering 59,636 participants. They reported $9.6M in insurance premiums and $4.5M in broker commissions and fees. Against 2023, premiums were down 3.4% and broker pay rose 3.3%.

Employer plans
50
59,636 participants
Premiums
$9.6M
−3.4% vs 2023
Broker pay
$4.5M
+3.3% vs 2023 · 47 disclosed
Median rate
n/a
too few insured medical plans

Funding: 5 fully insured · 35 self-funded · 10 mixed. 45 of 50 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Evansville

Evansville employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Onemain General Services Corporation$4,722,395$422,2419,057Totalis Benefits
Old National Bancorp$2,826,844$459,6824,199Oni Risk Partners, Inc
Shoe Carnival, Inc.$731,395$205,8591,635Mercer
Atlas World Group, Inc.$443,902$30,331549AssuredPartners
Flanders Electric Motor Service LLC$292,501$48,599912Lockton
Ameriqual Group Holdings, LLC$261,485$319,574701Marsh McLennan Agency
United Companies$146,672$15,550433Marsh McLennan Agency
Vectren Corporation$126,077$54,0672,230Gallagher
Midwestern Pet Foods, Inc.$37,115$43,134498Torian Insurance Benefits Inc
Western Excelsior Corporation$32,188$7,951119Scott Walter Clippinger
Berry Global, Inc. (fka Berry Plastics Corporation)$0$641,94917,982GCG Financial, Inc.
Deaconess Health System$0$547,8336,657Brown & Brown
Koch Enterprises, Inc.$0$415,2242,678Clippinger Financial Group, LLC
Gunite Corporation Rockford$0$11,4931,001Marsh McLennan Agency
Accuride Erie, L.P.$0$42,7741,001Daniel J Edgar
Accuride Corporation$0—1,001—
Traylor Bros., Inc.$0$202,047884Creative Benefits Inc
Lewis Brothers Bakeries, Inc.$0$54,530799Houchens Ins Group Inc
Deaconess Regional Healthcare Services Illinois, Inc.$0$105,033657Brown & Brown
Progressive Health Rehabilitation$0$9,711448Unified Group Services
University of Evansville$0—446—
Indian Industries, Inc.$0$53,281434AssuredPartners
Kemper CPA Group LLP$0$12,844357First Person, Inc
Southwestern Healthcare, Inc.$0$56,317344Clippinger Financial Group, LLC
Beco Holdings, Inc.$0$42,785324Torian Insurance Benefits 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 Evansville employers, with the number of employer plans naming each broker.

BrokerCommissions + feesPlans
Clippinger Financial Group, LLC$659,27013
GCG Financial LLC$504,1951
Brown & Brown$457,9023
Marsh McLennan Agency$353,8004
Oni Risk Partners Inc$330,2772
NFP$224,20811
Totalis Benefits Inc$201,4841
Mercer$196,4601
Creative Benefits Inc$172,1192
Alera Group, Inc.$137,7541

Largest medical carriers

Medical premium written for these employers.

Evansville against Indiana 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.

EvansvilleIndianaUnited States
Employer plans501,15558,547
Median commission raten/a4.9%3.8%
Middle half of ratesn/a3.0% – 8.6%2.7% – 5.0%
Median broker pay per employer$30,331$48,384$72,628
Medical premium per covered personn/an/a$7,274
Plans reporting no commission06933

Year over year. In plan year 2023, 50 Evansville employers reported $10.0M in premiums and $4.3M in broker pay for 57,425 participants; in 2024 it was $9.6M and $4.5M for 59,636 participants (premiums −3.4%, broker pay +3.3%).

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 Evansville employers pay health insurance brokers?

50 Evansville employers reported $4,460,216 in broker commissions and fees on their 2024 Form 5500 filings, 47 of them disclosing at least some compensation. Too few fully insured medical plans in Evansville reported premium to compute a stable commission rate; the Indiana median is 4.9% and the U.S. median is 3.8%. In dollars, the median Evansville employer that disclosed broker pay reported $30,331.

Which Evansville employers have the largest health plans?

By insurance premium reported for 2024, Onemain General Services Corporation ($4.7M), Old National Bancorp ($2.8M), Shoe Carnival, Inc. ($731,395) lead. 25 Evansville employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Evansville?

By compensation reported by Evansville employers, the largest brokers are Clippinger Financial Group, LLC ($659,270, 13 plans), GCG Financial LLC ($504,195, 1 plans), Brown & Brown ($457,902, 3 plans). By medical premium, the largest carriers are Anthem Insurance Companies, Inc., United American Insurance Company, Siho.

Are Evansville employer health plans self-funded or fully insured?

Of 50 Evansville employer plans, 5 are fully insured, 35 are self-funded and 10 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 Indiana

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