Billerica, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
17 employers in Billerica, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 11,215 participants. They reported $18M in insurance premiums and $1.8M in broker commissions and fees. Against 2023, premiums were down 14.8% and broker pay rose 15.5%.
Funding: 2 fully insured · 1 self-funded · 14 mixed. 15 of 17 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Billerica
Billerica employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| E Ink Corporation | $8,530,360 | $192,637 | 443 | Marsh McLennan Agency |
| Johnson O'hare Co., Inc. | $4,328,876 | $114,143 | 243 | Brown & Brown |
| Maccormack Plumbing, Inc. | $2,058,404 | $61,812 | 128 | Marsh McLennan Agency |
| Clearbridge Technology Group, LLC | $1,413,533 | $49,814 | 170 | IMA Financial |
| Lutronic Aesthetics, Inc. | $1,235,307 | $78,848 | 143 | Simkiss & Block, |
| The Dodge Company, Inc. | $709,146 | $49,646 | 101 | HUB International |
| Entegris, Inc. | $0 | $163,098 | 4,759 | Willis Towers Watson |
| Bruker Corporation | $0 | $71,594 | 1,711 | Mercer |
| Cabot Corporation | $0 | $106,448 | 1,058 | Brown & Brown |
| Excelitas Technologies Corp | $0 | $11,175 | 912 | Brown & Brown |
| Quanterix Corporation | $0 | $88,307 | 362 | Hilb Group of New England |
| Nappa Electrical Contractors | $0 | $95,771 | 313 | MFM Advisors LLC dba Blue Horizon B |
| Baystate Pool Supplies, Inc. | $0 | $388,934 | 276 | HUB International |
| Belmont Instrument LLC | $0 | $117,031 | 220 | Cgi Business Solutions |
| Aotco Metal | $0 | $101,460 | 141 | Baystate Benefit Services |
| Medford Wellington Service Co., Inc | $0 | $49,488 | 126 | USI Insurance Services |
| Infovista Technologies, Inc | $0 | $71,797 | 109 | HUB International |
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 Billerica employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| HUB International | $428,044 | 3 |
| Marsh McLennan Agency | $248,126 | 2 |
| Brown & Brown | $230,077 | 3 |
| Willis Towers Watson | $163,098 | 1 |
| MFM Advisors LLC dba Blue Horizon B | $95,771 | 1 |
| Cgi Business Solutions | $86,484 | 1 |
| Simkiss & Block, | $74,806 | 1 |
| Mercer | $71,594 | 1 |
| Baystate Benefit Services | $66,216 | 1 |
| Hilb Group of New England | $58,628 | 1 |
Largest medical carriers
Medical premium written for these employers.
Billerica against Massachusetts 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.
| Billerica | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 17 | 1,864 | 58,547 |
| Median commission rate | n/a | 2.5% | 3.8% |
| Middle half of rates | n/a | 2.0% – 3.2% | 2.7% – 5.0% |
| Median broker pay per employer | $88,307 | $75,078 | $72,628 |
| Medical premium per covered person | n/a | $8,072 | $7,274 |
| Plans reporting no commission | 0 | 18 | 933 |
Year over year. In plan year 2023, 19 Billerica employers reported $21M in premiums and $1.6M in broker pay for 11,198 participants; in 2024 it was $18M and $1.8M for 11,215 participants (premiums −14.8%, broker pay +15.5%).
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 Billerica employers pay health insurance brokers?
17 Billerica employers reported $1,812,003 in broker commissions and fees on their 2024 Form 5500 filings, 17 of them disclosing at least some compensation. Too few fully insured medical plans in Billerica reported premium to compute a stable commission rate; the Massachusetts median is 2.5% and the U.S. median is 3.8%. In dollars, the median Billerica employer that disclosed broker pay reported $88,307.
Which Billerica employers have the largest health plans?
By insurance premium reported for 2024, E Ink Corporation ($8.5M), Johnson O'hare Co., Inc. ($4.3M), Maccormack Plumbing, Inc. ($2.1M) lead. 17 Billerica employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Billerica?
By compensation reported by Billerica employers, the largest brokers are HUB International ($428,044, 3 plans), Marsh McLennan Agency ($248,126, 2 plans), Brown & Brown ($230,077, 3 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Cigna Health and Life Insurance Company, HPHC Insurance Company.
Are Billerica employer health plans self-funded or fully insured?
Of 17 Billerica employer plans, 2 are fully insured, 1 are self-funded and 14 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 Massachusetts
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