Lawrence, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in Lawrence, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 7,812 participants. They reported $23M in insurance premiums and $1.9M in broker commissions and fees. Against 2023, premiums were up 26.6% and broker pay rose 34.9%.
Funding: 4 fully insured · 2 self-funded · 9 mixed. 11 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lawrence
Lawrence employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Agespan, Inc. | $5,953,732 | $192,444 | 489 | Jennifer A. Borislow Insurance |
| New England Utility Constructors, Inc. | $5,728,126 | $212,293 | 365 | Lockton |
| Merrimack Valley Credit Union | $4,099,011 | $109,723 | 309 | Hilb Group of New England |
| Little Sprouts Holding LLC | $2,767,250 | $134,844 | 281 | Cross Insurance |
| Asahi America, Inc. | $2,737,554 | $95,069 | 192 | Hilb Group of New England |
| The Gem Group, Inc. | $1,514,219 | $83,286 | 478 | USI Insurance Services |
| Lawrence General Hospital | $0 | $136,264 | 3,417 | Employee Services LLC |
| Energy North Incorporated | $0 | $405,307 | 641 | Entrust Agencies LLC |
| Buitoni USA LLC | $0 | $177,400 | 352 | Marsh McLennan Agency |
| Charm Sciences | $0 | $119,150 | 306 | Gallagher |
| Fidelity House CRC, Inc | $0 | $31,198 | 306 | Hilb Group of New England |
| Abel Womack, Inc. | $0 | $36,688 | 245 | Brown & Brown |
| Greater Lawrence Community Action Council, Inc. | $0 | $111,873 | 177 | Jennifer A. Borislow Ins Agcy Inc |
| Lupoli Companies, LLC | $0 | $42,831 | 149 | Cronin Gervino & Warlick, Inc. |
| Techprint Inc. | $0 | $25,529 | 105 | Gallagher |
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 Lawrence employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Entrust Agencies, Inc. | $401,876 | 1 |
| Lockton | $212,258 | 1 |
| Hilb Group of New England | $209,365 | 3 |
| Jennifer A. Borislow Agency Inc | $178,190 | 1 |
| Gallagher | $114,572 | 2 |
| Cross Insurance | $113,051 | 1 |
| Jennifer A. Borislow Ins Agcy | $104,609 | 1 |
| Marsh McLennan Agency | $83,832 | 1 |
| USI Insurance Services | $69,093 | 1 |
| Brown & Brown | $65,686 | 3 |
Largest medical carriers
Medical premium written for these employers.
Lawrence 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.
| Lawrence | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 15 | 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 | $111,873 | $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, 15 Lawrence employers reported $18M in premiums and $1.4M in broker pay for 5,874 participants; in 2024 it was $23M and $1.9M for 7,812 participants (premiums +26.6%, broker pay +34.9%).
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 Lawrence employers pay health insurance brokers?
15 Lawrence employers reported $1,913,899 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in Lawrence 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 Lawrence employer that disclosed broker pay reported $111,873.
Which Lawrence employers have the largest health plans?
By insurance premium reported for 2024, Agespan, Inc. ($6.0M), New England Utility Constructors, Inc. ($5.7M), Merrimack Valley Credit Union ($4.1M) lead. 15 Lawrence employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lawrence?
By compensation reported by Lawrence employers, the largest brokers are Entrust Agencies, Inc. ($401,876, 1 plans), Lockton ($212,258, 1 plans), Hilb Group of New England ($209,365, 3 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Cigna Health and Life Insurance Company, The Paul Revere Life Insurance Company.
Are Lawrence employer health plans self-funded or fully insured?
Of 15 Lawrence employer plans, 4 are fully insured, 2 are self-funded and 9 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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