Columbia, Missouri employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
37 employers in Columbia, Missouri filed health plans with 100 or more participants for plan year 2024, covering 25,690 participants. They reported $1.8M in insurance premiums and $2.5M in broker commissions and fees. Against 2023, premiums were down 21.2% and broker pay fell 32.9%.
Funding: 8 fully insured · 23 self-funded · 6 mixed. 29 of 37 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Columbia
Columbia employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Mfa Oil Company | $1,010,538 | $124,503 | 1,353 | Lockton |
| Peak Sport & Spine | $461,847 | $103,619 | 365 | — |
| Boone Health, Inc. | $192,474 | $154,142 | 1,631 | Lockton |
| Missouri Cardiovascular Specialists, LLP | $133,003 | $33,568 | 131 | OneDigital |
| Equipmentshare.Com Inc | $0 | — | 4,449 | — |
| Mortgage Research Center, LLC | $0 | $435,600 | 4,177 | Brown & Brown |
| Shelter Mutual Insurance Company | $0 | $62,784 | 2,987 | Strategic Non- Medical Sol, LLC |
| Emery Sapp Construction, Inc. and Subsidiaries | $0 | $349,467 | 2,350 | CBIZ |
| Mfa Incorporated | $0 | $12,445 | 1,375 | Brown & Brown |
| Flat Branch Mortgage, Inc. | $0 | $94,476 | 506 | Jas D Collier & Company dba Co |
| Bear Holdings LLC dba Jes Holdings | $0 | $111,810 | 500 | OneDigital |
| Tkg-Storagemart Partners, LP | $0 | $31,162 | 496 | Walter Pfeffer |
| MBS Textbook Exchange, LLC | $0 | $52,001 | 496 | Sunstar Insurance Group LLC |
| Columbia College | $0 | $79,298 | 470 | CBIZ |
| American Outdoor Brands, Inc. | $0 | — | 301 | — |
| Missouri Employers Mutual Insurance Co. | $0 | $11,880 | 279 | Lockton |
| Upper Crust Food Service | $0 | $49,079 | 276 | Direct Enterprises LLC |
| Good Day Farms Missouri, LLC | $0 | $91,866 | 272 | Stephens Insurance LLC |
| Questec Constructors, Inc. dba Questec Mechanical | $0 | $53,601 | 266 | Sunstar Insurance Group dba Tig Adv |
| Midway Arms Inc | $0 | — | 260 | — |
| GRD Imports, Inc | $0 | $87,466 | 251 | Bukaty Companies Inc |
| Semco, LLC | $0 | $19,432 | 219 | AssuredPartners |
| Crown Power & Equipment Co., LLC | $0 | $27,860 | 215 | Robert E Miller Insurance Agency |
| Columbia Insurance Group | $0 | $21,124 | 212 | Mercer |
| Alliance Water Resources, Inc | $0 | $114,513 | 206 | 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 Columbia employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Brown & Brown | $370,888 | 2 |
| CBIZ | $351,696 | 2 |
| Lockton | $286,948 | 4 |
| AssuredPartners | $160,077 | 4 |
| Marsh McLennan Agency | $129,907 | 2 |
| OneDigital | $108,507 | 2 |
| Sunstar Insurance Group LLC | $99,832 | 4 |
| Stephens Insurance LLC | $91,866 | 1 |
| Bukaty Companies | $87,466 | 1 |
| Centro Benefits Research LLC | $79,763 | 5 |
Largest medical carriers
Medical premium written for these employers.
Columbia against Missouri 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.
| Columbia | Missouri | United States | |
|---|---|---|---|
| Employer plans | 37 | 1,063 | 58,547 |
| Median commission rate | n/a | 4.5% | 3.8% |
| Middle half of rates | n/a | 2.8% – 5.9% | 2.7% – 5.0% |
| Median broker pay per employer | $45,288 | $64,776 | $72,628 |
| Medical premium per covered person | n/a | $7,252 | $7,274 |
| Plans reporting no commission | 0 | 8 | 933 |
Year over year. In plan year 2023, 37 Columbia employers reported $2.3M in premiums and $3.8M in broker pay for 24,490 participants; in 2024 it was $1.8M and $2.5M for 25,690 participants (premiums −21.2%, broker pay −32.9%).
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 Columbia employers pay health insurance brokers?
37 Columbia employers reported $2,532,068 in broker commissions and fees on their 2024 Form 5500 filings, 34 of them disclosing at least some compensation. Too few fully insured medical plans in Columbia reported premium to compute a stable commission rate; the Missouri median is 4.5% and the U.S. median is 3.8%. In dollars, the median Columbia employer that disclosed broker pay reported $45,288.
Which Columbia employers have the largest health plans?
By insurance premium reported for 2024, Mfa Oil Company ($1.0M), Peak Sport & Spine ($461,847), Boone Health, Inc. ($192,474) lead. 25 Columbia employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Columbia?
By compensation reported by Columbia employers, the largest brokers are Brown & Brown ($370,888, 2 plans), CBIZ ($351,696, 2 plans), Lockton ($286,948, 4 plans). By medical premium, the largest carriers are Healthy Alliance Life Insurance Company, Unitedhealthcare Insurance Company, Pace Underwriters / Companion Life Insurance.
Are Columbia employer health plans self-funded or fully insured?
Of 37 Columbia employer plans, 8 are fully insured, 23 are self-funded and 6 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 Missouri
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