Canton, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
23 employers in Canton, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 19,779 participants. They reported $30M in insurance premiums and $2.6M in broker commissions and fees. Against 2023, premiums were down 5.1% and broker pay fell 1.4%.
Funding: 6 fully insured · 7 self-funded · 10 mixed. 17 of 23 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Canton
Canton employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Organogenesis, Inc. | $12,062,345 | $288,125 | 908 | IMA Financial |
| Judge Rotenberg Educational Center, Inc. | $6,334,944 | $145,291 | 845 | USI Insurance Services |
| Boston Mutual Life Insurance Company | $6,014,680 | — | 289 | — |
| 3 Phase Elevator Corporation | $2,463,937 | $89,268 | 202 | USI Insurance Services |
| School of Rock, LLC | $1,839,060 | $66,764 | 168 | Brown & Brown |
| Professional Electrical Contractors of CT. Inc. | $591,180 | $65,560 | 295 | NFP |
| Computershare US Services Inc. | $369,140 | $171,094 | 4,426 | USI Insurance Services |
| Ene Systems, Inc. | $266,257 | $56,995 | 241 | The Baldwin Group |
| Point32health Services, Inc. | $0 | $299,537 | 4,520 | Mercer |
| Medical Information Technology, Inc | $0 | $93,314 | 3,621 | Lockton |
| Destination XL Group Inc. | $0 | — | 1,142 | — |
| Telus Health (US) LTD | $0 | $413,902 | 789 | HUB International |
| Robert Reiser & Company, Inc. | $0 | $183,926 | 364 | Baystate Benefit Services |
| The Phia Group, LLC | $0 | $149,445 | 361 | Blue Benefit Administrators of Mass |
| Rentex Incorporated | $0 | $132,790 | 292 | Digital Benefit Advisors |
| Trillium Brewing Company | $0 | $53,831 | 281 | Eastern Benefits Group |
| Timberline Construction Corporation | $0 | $84,087 | 199 | Marsh McLennan Agency |
| Florence Electric LLC | $0 | $15,823 | 175 | PFG Benefits, Inc. |
| C.H. Powell Company | $0 | $70,026 | 160 | Jennifer A. Borislow Agency Inc |
| Barletta Engineering Corporation | $0 | $13,454 | 136 | Deland - Gibson Ins Assoc |
| Empower Lga | $0 | $46,806 | 132 | Innovo Benefits Group |
| Gray, Gray & Gray, LLP | $0 | $54,671 | 122 | Innovo Benefits Group LLC |
| E.M. Duggan, Inc. | $0 | $59,942 | 111 | USI 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 Canton employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| USI Insurance Services | $425,432 | 4 |
| HUB International | $413,902 | 1 |
| IMA Financial | $287,943 | 1 |
| Mercer | $244,021 | 1 |
| Baystate Benefit Services | $163,708 | 1 |
| Digital Benefit Advisors | $103,531 | 1 |
| Innovo Benefits Group | $98,494 | 2 |
| Lockton | $93,314 | 1 |
| Marsh McLennan Agency | $84,087 | 1 |
| Indigo Insurance Services | $69,926 | 7 |
Largest medical carriers
Medical premium written for these employers.
Canton 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.
| Canton | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 23 | 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 | $84,087 | $75,078 | $72,628 |
| Medical premium per covered person | n/a | $8,072 | $7,274 |
| Plans reporting no commission | 1 | 18 | 933 |
Year over year. In plan year 2023, 23 Canton employers reported $32M in premiums and $2.6M in broker pay for 20,807 participants; in 2024 it was $30M and $2.6M for 19,779 participants (premiums −5.1%, broker pay −1.4%).
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 Canton employers pay health insurance brokers?
23 Canton employers reported $2,554,651 in broker commissions and fees on their 2024 Form 5500 filings, 21 of them disclosing at least some compensation. Too few fully insured medical plans in Canton 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 Canton employer that disclosed broker pay reported $84,087.
Which Canton employers have the largest health plans?
By insurance premium reported for 2024, Organogenesis, Inc. ($12M), Judge Rotenberg Educational Center, Inc. ($6.3M), Boston Mutual Life Insurance Company ($6.0M) lead. 23 Canton employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Canton?
By compensation reported by Canton employers, the largest brokers are USI Insurance Services ($425,432, 4 plans), HUB International ($413,902, 1 plans), IMA Financial ($287,943, 1 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Unitedhealthcare Insurance Company, Tufts Associated Health Maintenance Organization, Inc..
Are Canton employer health plans self-funded or fully insured?
Of 23 Canton employer plans, 6 are fully insured, 7 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 Massachusetts
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