Terre Haute, Indiana employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
16 employers in Terre Haute, Indiana filed health plans with 100 or more participants for plan year 2024, covering 28,428 participants. They reported $2.6M in insurance premiums and $924,323 in broker commissions and fees. Against 2023, premiums were down 26.4% and broker pay fell 12.5%.
Funding: 4 fully insured · 11 self-funded · 1 mixed. 12 of 16 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Terre Haute
Terre Haute employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Board of Trustees Indiana Laborers Welfare Fund | $2,573,476 | $405,383 | 10,802 | Larry Lucco |
| Board of Trustees - Mid Central Operating Engineers Health and Welfare | $0 | — | 7,894 | — |
| Pipe Trades Industry Health and Welfare Plan | $0 | — | 3,613 | — |
| Union Hospital Inc | $0 | $22,200 | 1,571 | USI Insurance Services |
| Sunrise Coal, LLC | $0 | $44,461 | 933 | Sycamore Insurance Associates, LLC |
| Thompson Thrift Construction, Inc. | $0 | $64,437 | 617 | EPIC Insurance Brokers |
| First Financial Corporation | $0 | $60,180 | 578 | Ronald K. Rich |
| Rose-Hulman Institute of Technology | $0 | — | 490 | — |
| Templeton Coal Company, Inc. | $0 | $67,114 | 435 | First Person, Inc |
| Hamilton Center, Inc. | $0 | — | 402 | — |
| Joink, LLC | $0 | $146,511 | 382 | Gibson Insurance |
| Harsha Behavioral Center, Inc. | $0 | $41,391 | 223 | Oni Risk Partners Inc |
| Saturn Petcare, Inc. | $0 | — | 160 | — |
| Marion Tool & Die, Inc dba Marion Manufacturing | $0 | $13,713 | 120 | Oni Risk Parnters Inc |
| Providence Medical Group LLC | $0 | $44,651 | 105 | Umberto Capodici |
| Union Associated Physicians Clinic LLC | $0 | $14,282 | 103 | Vha Mid America Insurance Services |
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 Terre Haute employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Larry Lucco | $250,125 | 1 |
| Gibson Insurance Agency, Inc. | $141,233 | 1 |
| Gis Benefits Inc | $65,716 | 1 |
| EPIC Insurance Brokers | $60,261 | 2 |
| First Person, Inc | $52,881 | 1 |
| Sycamore Insurance Associates, LLC | $49,125 | 2 |
| Oni Risk Partners Inc | $44,290 | 2 |
| NFP | $43,035 | 2 |
| Gregory & Appel, Inc. | $35,567 | 3 |
| Ronald K. Rich | $32,494 | 1 |
Largest medical carriers
Medical premium written for these employers.
Terre Haute 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.
| Terre Haute | Indiana | United States | |
|---|---|---|---|
| Employer plans | 16 | 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 | $44,651 | $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, 18 Terre Haute employers reported $3.5M in premiums and $1.1M in broker pay for 28,101 participants; in 2024 it was $2.6M and $924,323 for 28,428 participants (premiums −26.4%, broker pay −12.5%).
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 Terre Haute employers pay health insurance brokers?
16 Terre Haute employers reported $924,323 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 Terre Haute 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 Terre Haute employer that disclosed broker pay reported $44,651.
Which Terre Haute employers have the largest health plans?
By insurance premium reported for 2024, Board of Trustees Indiana Laborers Welfare Fund ($2.6M), Board of Trustees - Mid Central Operating Engineers Health and Welfare ($0), Pipe Trades Industry Health and Welfare Plan ($0) lead. 16 Terre Haute employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Terre Haute?
By compensation reported by Terre Haute employers, the largest brokers are Larry Lucco ($250,125, 1 plans), Gibson Insurance Agency, Inc. ($141,233, 1 plans), Gis Benefits Inc ($65,716, 1 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Transamerica Life Insurance Company, Humana Insurance Company.
Are Terre Haute employer health plans self-funded or fully insured?
Of 16 Terre Haute employer plans, 4 are fully insured, 11 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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