Springfield, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
29 employers in Springfield, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 35,653 participants. They reported $9.8M in insurance premiums and $2.4M in broker commissions and fees. Against 2023, premiums were up 8.6% and broker pay fell 16.5%.
Funding: 1 fully insured · 10 self-funded · 18 mixed. 28 of 29 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Springfield
Springfield employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Springfield College | $4,806,533 | $154,799 | 553 | USI Insurance Services |
| Viability, Inc. | $2,699,306 | $92,581 | 209 | OneDigital |
| Big Y Foods, Inc. | $838,899 | — | 6,212 | — |
| Titeflex Commercial Inc | $615,598 | $34,111 | 183 | No Agent Listed |
| Massachusetts Mutual Life Insurance Company | $562,649 | $251,175 | 7,581 | Willis Towers Watson |
| Greater Springfield Senior Services | $145,197 | $62,901 | 162 | One Monarch Place |
| Holyoke Chicopee Springfield Head Start, Inc. | $85,008 | $61,931 | 192 | HUB International |
| Behavioral Health Network, Inc. | $61,977 | $66,470 | 1,665 | HUB International |
| Baystate Health, Inc. | $0 | $224,408 | 11,098 | Aon |
| Teamsters Health Service & Insurance Plan of Local 404 | $0 | $726 | 1,313 | MPL LLC |
| Center for Human Development, Inc. | $0 | $636,150 | 1,087 | Cigna Health and Life Insurance Com |
| IBEW Local 7 Supplemental Health & Welfare Fund | $0 | — | 743 | — |
| The Dennis Group, Inc. | $0 | $14,099 | 493 | USI Insurance Services |
| Gandara Mental Health Center, Inc. | $0 | $34,621 | 458 | HUB International |
| Western New England University | $0 | $30,608 | 448 | Driver Alliant Insurance SVCS |
| Health New England, Inc. | $0 | $24,075 | 392 | HUB International |
| Way Finders, Inc. | $0 | $33,877 | 328 | HUB International |
| Guidewire, Inc. | $0 | $68,204 | 316 | HUB International |
| Caring Health Center, Inc. | $0 | $92,359 | 306 | One Monarch Place |
| Peter Pan Bus Lines, Inc. | $0 | $26,545 | 269 | HUB International |
| New England Orthopedic Surgeons, Inc. | $0 | $66,143 | 265 | Lockton |
| Springfield Area Transit Company, Inc. | $0 | $38,847 | 255 | Starkweather and Shepley Ins Brok |
| Pathlight | $0 | $108,321 | 245 | Emerson Rogers, LLC |
| Springfield International Charter School | $0 | $78,156 | 229 | Gallagher |
| Rocky's Ace Hardware | $0 | $12,671 | 182 | 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 Springfield employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Cigna Health and Life Insurance Com | $536,150 | 1 |
| HUB International | $354,809 | 11 |
| Willis Towers Watson | $223,324 | 1 |
| USI Insurance Services | $147,370 | 3 |
| Aon | $114,393 | 1 |
| One Monarch Place | $109,402 | 2 |
| OneDigital | $108,214 | 2 |
| Spring Insurance Group, LLC | $55,708 | 1 |
| Mercer | $53,899 | 1 |
| Laurie a Moran | $38,034 | 1 |
Largest medical carriers
Medical premium written for these employers.
Springfield 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.
| Springfield | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 29 | 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 | $62,416 | $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, 35 Springfield employers reported $9.0M in premiums and $2.9M in broker pay for 36,451 participants; in 2024 it was $9.8M and $2.4M for 35,653 participants (premiums +8.6%, broker pay −16.5%).
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 Springfield employers pay health insurance brokers?
29 Springfield employers reported $2,383,043 in broker commissions and fees on their 2024 Form 5500 filings, 26 of them disclosing at least some compensation. Too few fully insured medical plans in Springfield 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 Springfield employer that disclosed broker pay reported $62,416.
Which Springfield employers have the largest health plans?
By insurance premium reported for 2024, Springfield College ($4.8M), Viability, Inc. ($2.7M), Big Y Foods, Inc. ($838,899) lead. 25 Springfield employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Springfield?
By compensation reported by Springfield employers, the largest brokers are Cigna Health and Life Insurance Com ($536,150, 1 plans), HUB International ($354,809, 11 plans), Willis Towers Watson ($223,324, 1 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Health New England, Inc., MCS Life Insurance Company.
Are Springfield employer health plans self-funded or fully insured?
Of 29 Springfield employer plans, 1 are fully insured, 10 are self-funded and 18 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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