Muncie, Indiana employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in Muncie, Indiana filed health plans with 100 or more participants for plan year 2024, covering 6,218 participants. They reported $965,201 in insurance premiums and $828,998 in broker commissions and fees. Against 2023, premiums were up 733.7% and broker pay rose 60.6%.
Funding: 1 fully insured · 13 self-funded · 1 mixed. 14 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Muncie
Muncie employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| First Merchants Corporation | $920,367 | $164,188 | 1,843 | Shepherd Insurance LLC |
| Mid-West Metal Products Company, Inc. | $44,834 | $23,055 | 136 | Gallagher |
| Gunnison Acquisition, LLC | $0 | $193,041 | 962 | USI Insurance Services |
| The Townsend Corporation | $0 | — | 712 | — |
| Meridian Health Services Corp | $0 | — | 710 | — |
| Muncie Power Products, Inc. | $0 | $75,145 | 420 | Gallagher |
| Rochester Metal Products Corp. | $0 | $21,469 | 272 | JD Resley Associates, Inc. |
| Open Door Health Services, Inc. | $0 | $39,979 | 211 | Apex Benefits Group, Inc. |
| Hillcroft Services, Inc. | $0 | $7,191 | 170 | Unified Group Services, Inc. |
| Westminster Village Muncie, Inc. | $0 | $229,187 | 154 | National Health Insurance Company |
| General Truck Sales, Inc. | $0 | $24,857 | 139 | Apex Benefits Group, Inc. |
| Youth Opportunity Center, Inc. | $0 | $9,310 | 138 | Walkerhughes Group, LLC |
| Orthoalliance Indiana | $0 | $41,576 | 125 | HUB International |
| Accutech Systems Corporation | $0 | — | 117 | — |
| Comcount, Inc. | $0 | — | 109 | — |
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 Muncie employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| USI Insurance Services | $181,378 | 1 |
| Shepherd Insurance LLC | $146,222 | 1 |
| National Health Insurance Company | $127,364 | 1 |
| Gallagher | $98,200 | 2 |
| National General Insurance Company | $56,906 | 1 |
| Apex Benefits Group, Inc. | $56,866 | 2 |
| HUB International | $34,720 | 1 |
| NFP | $17,966 | 1 |
| Employee Benefits Corporation | $12,903 | 1 |
| The Cason Group Inc | $11,663 | 1 |
Largest medical carriers
Medical premium written for these employers.
Muncie 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.
| Muncie | Indiana | United States | |
|---|---|---|---|
| Employer plans | 15 | 1,155 | 58,547 |
| Median commission rate | n/a | 4.9% | 3.8% |
| Middle half of rates | n/a | 3.0% – 8.6% | 2.7% – 5.0% |
| Median broker pay per employer | $39,979 | $48,384 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 6 | 933 |
Year over year. In plan year 2023, 14 Muncie employers reported $115,774 in premiums and $516,313 in broker pay for 5,727 participants; in 2024 it was $965,201 and $828,998 for 6,218 participants (premiums +733.7%, broker pay +60.6%).
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 Muncie employers pay health insurance brokers?
15 Muncie employers reported $828,998 in broker commissions and fees on their 2024 Form 5500 filings, 11 of them disclosing at least some compensation. Too few fully insured medical plans in Muncie 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 Muncie employer that disclosed broker pay reported $39,979.
Which Muncie employers have the largest health plans?
By insurance premium reported for 2024, First Merchants Corporation ($920,367), Mid-West Metal Products Company, Inc. ($44,834), Gunnison Acquisition, LLC ($0) lead. 15 Muncie employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Muncie?
By compensation reported by Muncie employers, the largest brokers are USI Insurance Services ($181,378, 1 plans), Shepherd Insurance LLC ($146,222, 1 plans), National Health Insurance Company ($127,364, 1 plans). By medical premium, the largest carriers are National Health Insurance Company, Cigna Health and Life Insurance Company.
Are Muncie employer health plans self-funded or fully insured?
Of 15 Muncie employer plans, 1 are fully insured, 13 are self-funded and 1 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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