Westborough, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
17 employers in Westborough, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 31,557 participants. They reported $3.8M in insurance premiums and $1.9M in broker commissions and fees. Against 2023, premiums were up 70.9% and broker pay rose 34.8%.
Funding: 1 fully insured · 5 self-funded · 11 mixed. 16 of 17 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Westborough
Westborough employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Aafcpas, Inc. | $2,321,788 | $73,679 | 307 | Gallagher |
| Kopin Corporation | $1,405,380 | $93,930 | 141 | Hilb Group of New England |
| Clearplan, LLC | $99,745 | $6,238 | 193 | OneDigital |
| Eg Retail (america) LLC | $0 | $62,813 | 20,616 | Marsh McLennan Agency |
| United Site Services, Inc. | $0 | $226,813 | 3,764 | Lockton |
| Spectris, Inc. | $0 | $184,614 | 1,614 | Lockton |
| Eclinicalworks | $0 | $191,782 | 1,487 | RSC Insurance Brokerage, Inc. |
| Spectrum Health Systems, Inc. | $0 | $135,622 | 702 | OneDigital |
| Coghlin Companies, Inc. | $0 | $257,121 | 691 | Jennifer A. Borislow Ins Agency Inc |
| Holistic Industries Inc. | $0 | $20,227 | 594 | USI Insurance Services |
| Health Plans, Inc. | $0 | — | 368 | — |
| Continuing Care Management (formerly Salmon Health) | $0 | $161,062 | 294 | HP Planning LLC |
| Ascend Elements, Inc. | $0 | $110,965 | 293 | Deland, Gibson Ins Associates |
| The Channel Company | $0 | $215,130 | 174 | Lockton |
| Murata Power Solutions | $0 | $71,874 | 112 | Gallagher |
| Kayaku Advanced Materials, Inc. | $0 | $51,131 | 104 | Patriot Growth |
| Great River Hydro, LLC | $0 | $56,009 | 103 | Marsh McLennan Agency |
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 Westborough employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $602,265 | 3 |
| Jennifer A. Borislow Ins Agency Inc | $212,708 | 1 |
| Gallagher | $145,188 | 2 |
| RSC Insurance Brokerage, Inc. | $139,006 | 2 |
| OneDigital | $137,986 | 2 |
| HP Planning LLC | $117,410 | 1 |
| Marsh McLennan Agency | $117,047 | 2 |
| Deland, Gibson Ins Associates Inc | $110,965 | 1 |
| Hilb Group of New England | $89,259 | 1 |
| Risk Strategies Company | $56,362 | 1 |
Largest medical carriers
Medical premium written for these employers.
Westborough 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.
| Westborough | 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 | $102,448 | $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, 16 Westborough employers reported $2.2M in premiums and $1.4M in broker pay for 30,383 participants; in 2024 it was $3.8M and $1.9M for 31,557 participants (premiums +70.9%, broker pay +34.8%).
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 Westborough employers pay health insurance brokers?
17 Westborough employers reported $1,919,010 in broker commissions and fees on their 2024 Form 5500 filings, 16 of them disclosing at least some compensation. Too few fully insured medical plans in Westborough 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 Westborough employer that disclosed broker pay reported $102,448.
Which Westborough employers have the largest health plans?
By insurance premium reported for 2024, Aafcpas, Inc. ($2.3M), Kopin Corporation ($1.4M), Clearplan, LLC ($99,745) lead. 17 Westborough employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Westborough?
By compensation reported by Westborough employers, the largest brokers are Lockton ($602,265, 3 plans), Jennifer A. Borislow Ins Agency Inc ($212,708, 1 plans), Gallagher ($145,188, 2 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Unitedhealthcare Insurance Company, Kaiser Foundation Health Plan of Washington.
Are Westborough employer health plans self-funded or fully insured?
Of 17 Westborough employer plans, 1 are fully insured, 5 are self-funded and 11 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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