Owensboro, Kentucky employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
18 employers in Owensboro, Kentucky filed health plans with 100 or more participants for plan year 2024, covering 10,775 participants. They reported $2.7M in insurance premiums and $947,298 in broker commissions and fees. Against 2023, premiums were down 29.6% and broker pay fell 1.2%.
Funding: 6 fully insured · 10 self-funded · 2 mixed. 12 of 18 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Owensboro
Owensboro employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Owensboro Health, Inc. | $1,610,651 | $68,549 | 4,547 | Houchens Insurance Group, Inc |
| Southern Star Central Gas Pipeline, Inc. | $631,198 | $73,894 | 666 | Alliant Insurance Services |
| Hausner Hard-Chrome, Inc. | $142,470 | $37,129 | 113 | E M Ford & Co LLC |
| MPD Inc. | $125,728 | $113,192 | 218 | Marsh McLennan Agency |
| Wright Implement 1, LLC | $123,725 | $121,289 | 313 | Gallagher |
| Sun Windows, Inc. | $34,262 | $14,133 | 126 | Houchens Insurance Group, Inc. |
| Texas Gas Transmission, LLC | $0 | $52,634 | 1,244 | Mercer |
| Audubon Area Community Services, Inc. | $0 | $188,338 | 631 | Phil Brown Insurance Agency Inc |
| Rivervalley Consulting Services | $0 | $64,227 | 558 | Gallagher |
| Independence Bank | $0 | $44,902 | 548 | E.M. Ford & Co LLC |
| Big Rivers Electric Corporation | $0 | $16,136 | 336 | Mercer |
| Modern Welding Company, Inc. | $0 | — | 321 | — |
| Wendell Foster's Campus for Developmental Disabilities, Inc. | $0 | $27,567 | 300 | Em Ford and Company LLC |
| Clark Restaurant Service, Inc. | $0 | $44,121 | 230 | Houchens Insurance Group |
| Valor LLC | $0 | $28,277 | 224 | Houchens Insurance Group Inc |
| Moore Automotive | $0 | $5,700 | 140 | HUB International |
| Envision Contractors, LLC | $0 | — | 135 | — |
| Jagoe Homes | $0 | $47,210 | 125 | Shepherd Insurance LLC |
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 Owensboro employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Phil Brown Insurance Agency Inc | $157,222 | 1 |
| Gallagher | $147,666 | 2 |
| Houchens Insurance Group, Inc. | $123,758 | 4 |
| Marsh McLennan Agency | $113,192 | 1 |
| E.M. Ford & Co LLC | $79,549 | 3 |
| Alliant Insurance Services | $77,460 | 2 |
| Mercer | $60,135 | 3 |
| Shepherd Insurance LLC | $43,800 | 1 |
| AssuredPartners | $28,250 | 3 |
| Jeffrey D Harned | $27,560 | 3 |
Largest medical carriers
Medical premium written for these employers.
Owensboro against Kentucky 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.
| Owensboro | Kentucky | United States | |
|---|---|---|---|
| Employer plans | 18 | 700 | 58,547 |
| Median commission rate | n/a | 3.7% | 3.8% |
| Middle half of rates | n/a | 3.4% – 5.0% | 2.7% – 5.0% |
| Median broker pay per employer | $46,056 | $61,155 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 2 | 933 |
Year over year. In plan year 2023, 17 Owensboro employers reported $3.8M in premiums and $958,532 in broker pay for 10,785 participants; in 2024 it was $2.7M and $947,298 for 10,775 participants (premiums −29.6%, broker pay −1.2%).
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 Owensboro employers pay health insurance brokers?
18 Owensboro employers reported $947,298 in broker commissions and fees on their 2024 Form 5500 filings, 16 of them disclosing at least some compensation. Too few fully insured medical plans in Owensboro reported premium to compute a stable commission rate; the Kentucky median is 3.7% and the U.S. median is 3.8%. In dollars, the median Owensboro employer that disclosed broker pay reported $46,056.
Which Owensboro employers have the largest health plans?
By insurance premium reported for 2024, Owensboro Health, Inc. ($1.6M), Southern Star Central Gas Pipeline, Inc. ($631,198), Hausner Hard-Chrome, Inc. ($142,470) lead. 18 Owensboro employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Owensboro?
By compensation reported by Owensboro employers, the largest brokers are Phil Brown Insurance Agency Inc ($157,222, 1 plans), Gallagher ($147,666, 2 plans), Houchens Insurance Group, Inc. ($123,758, 4 plans). By medical premium, the largest carriers are Anthem Health Plans of KY, Inc., Unitedhealthcare Insurance Company, Emphesys Insurance Company.
Are Owensboro employer health plans self-funded or fully insured?
Of 18 Owensboro employer plans, 6 are fully insured, 10 are self-funded and 2 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 Kentucky
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