Newton, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
35 employers in Newton, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 46,076 participants. They reported $111M in insurance premiums and $5.0M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 2.9% of premium, against 2.5% across Massachusetts and 3.8% nationally. Against 2023, premiums were up 13.2% and broker pay rose 3.5%.
Funding: 3 fully insured · 5 self-funded · 27 mixed. 32 of 35 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Newton
Newton employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Sonesta International Hotels Corporation | $38,208,217 | $1,034,104 | 6,227 | Gallagher |
| Cyberark Software, Inc. | $21,276,817 | $450,287 | 929 | OneDigital |
| The RMR Group | $11,916,989 | $266,837 | 612 | Lockton |
| Wingate Management Company, LLC | $6,992,754 | $154,247 | 457 | CBIZ |
| Northland Investment Corporation | $6,065,997 | $240,912 | 638 | Gallagher |
| Paytronix Systems, Inc. | $3,279,194 | $109,806 | 249 | Hilb Group of New England |
| William James College | $3,217,220 | $84,040 | 198 | Gallagher |
| Clearview Healthcare Partners LLC | $3,124,767 | $102,505 | 366 | IMA Financial |
| The Russian School of Mathematics | $2,491,834 | $117,611 | 457 | IMA Financial |
| Marimed Advisors Inc. | $2,390,540 | $97,180 | 259 | Hilb Group of New England |
| Rwa Wealth Partners, LLC | $2,009,658 | $119,248 | 195 | OneDigital |
| Odysseys Unlimited, Inc. | $1,718,298 | $69,377 | 120 | OneDigital |
| Garden Remedies, Inc. | $1,466,518 | $70,233 | 151 | OneDigital |
| Health Advances LLC | $1,435,854 | $81,757 | 130 | Mercer |
| Raci Holdings, LLC | $1,311,285 | $92,459 | 184 | Eastern Benefits Group |
| Barclay Water Management, Inc. | $1,175,122 | $70,450 | 112 | Boston Insurance Group, Inc. |
| Bright Horizons Children's Centers LLC | $1,174,529 | $39,429 | 12,736 | Mercer |
| Solomon Schechter Day School | $897,389 | $44,449 | 141 | OneDigital |
| Techtarget, Inc. | $515,639 | $63,667 | 720 | OneDigital |
| Wingate Senior Living LLC | $168,002 | $68,564 | 576 | Keving Ryan/Marsh USA, Inc |
| Saga Innovations, Inc. | $22,290 | $89,942 | 156 | Gallagher |
| Devaney Energy, Inc. | $4,055 | $22,107 | 149 | Hilb Group of New England |
| Alerislife Inc. | $0 | $58,350 | 6,060 | Lockton |
| Atrius MSO, LLC | $0 | $144,011 | 5,362 | Brown & Brown |
| Parexel International Corporation | $0 | $683,273 | 4,815 | Mercer |
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 Newton employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Gallagher | $1,317,438 | 5 |
| OneDigital | $805,768 | 6 |
| Mercer | $804,397 | 3 |
| Lockton | $309,569 | 2 |
| Brown & Brown | $264,077 | 4 |
| Hilb Group of New England | $229,029 | 4 |
| IMA Financial | $178,976 | 3 |
| CBIZ | $145,348 | 1 |
| Marsh McLennan Agency | $137,743 | 5 |
| Eastern Benefits Group | $103,366 | 2 |
Largest medical carriers
Medical premium written for these employers.
Newton 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.
| Newton | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 35 | 1,864 | 58,547 |
| Median commission rate | 2.9% (16 plans) | 2.5% | 3.8% |
| Middle half of rates | 2.3% – 3.9% | 2.0% – 3.2% | 2.7% – 5.0% |
| Median broker pay per employer | $82,523 | $75,078 | $72,628 |
| Medical premium per covered person | $8,026 | $8,072 | $7,274 |
| Plans reporting no commission | 1 | 18 | 933 |
Year over year. In plan year 2023, 34 Newton employers reported $98M in premiums and $4.9M in broker pay for 43,401 participants; in 2024 it was $111M and $5.0M for 46,076 participants (premiums +13.2%, broker pay +3.5%).
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 Newton employers pay health insurance brokers?
35 Newton employers reported $5,041,132 in broker commissions and fees on their 2024 Form 5500 filings, 35 of them disclosing at least some compensation. Among 16 commission-paying, fully insured medical plans, the median broker rate was 2.9% of premium, 0.3 points above the Massachusetts median of 2.5% and 0.9 points below the U.S. median of 3.8%. In dollars, the median Newton employer that disclosed broker pay reported $82,523.
Which Newton employers have the largest health plans?
By insurance premium reported for 2024, Sonesta International Hotels Corporation ($38M), Cyberark Software, Inc. ($21M), The RMR Group ($12M) lead. 25 Newton employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Newton?
By compensation reported by Newton employers, the largest brokers are Gallagher ($1.3M, 5 plans), OneDigital ($805,768, 6 plans), Mercer ($804,397, 3 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Cigna Health and Life Insurance Company, Blue Cross and Blue Shield of Alabama.
Are Newton employer health plans self-funded or fully insured?
Of 35 Newton employer plans, 3 are fully insured, 5 are self-funded and 27 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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