BenefitsLedger
City · Plan year 2024 · Form 5500

Hattiesburg, Mississippi employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

17 employers in Hattiesburg, Mississippi filed health plans with 100 or more participants for plan year 2024, covering 9,296 participants. They reported $16M in insurance premiums and $2.3M in broker commissions and fees. Against 2023, premiums were up 28.5% and broker pay rose 19.0%.

Employer plans
17
9,296 participants
Premiums
$16M
+28.5% vs 2023
Broker pay
$2.3M
+19.0% vs 2023 · 16 disclosed
Median rate
n/a
too few insured medical plans

Funding: 7 fully insured · 6 self-funded · 4 mixed. 10 of 17 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Hattiesburg

Hattiesburg employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
The First Bancshares, Inc.$7,028,900$297,9481,066HUB International
Southern Development Resources, LLC$2,242,851$186,676219Cornett Group Inc
Hattiesburg Clinic PA$2,068,413$462,2752,477HUB International
Mayfair Management, LLC$1,102,775$40,200136Jack Harris
Claiborne Senior Living, LLC$1,088,915$80,571518Conner Gunn
Mississippi Tank and Manufacturing Company$998,416$87,807240Gallagher
E Cornell Malone Corporation$773,117$46,859188Chrissy Yelverton
Sunbelt Federal Credit Union$580,290$43,814104Ross & Yerger Insurance Inc
Parish Tractor Company LLC$576,840$50,239102Thomas G Montgomery
Hood Industries, Inc.$0$117,4481,081Gallagher
Jones Companies, LLC$0$322,767930Hays Companies
Hattiesburg Medical Park Management Corp$0$33,581628Cadence Insurance Inc.
Cooperative Energy$0—508—
Roberts Company, Inc$0$110,458379Cadence Insurance Inc
Warren Paving, Inc.$0$101,511345Marsh McLennan Agency
Southeast Mississippi Rural Health Initiative Inc$0$182,159263Lowery Insurance
Keithco Petroleum, Inc.$0$136,862112Clayton E Johnson Insurance

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 Hattiesburg employers, with the number of employer plans naming each broker.

BrokerCommissions + feesPlans
HUB International$597,9802
Gallagher$205,1824
Hays Companies$185,9001
The Lowery Group$182,1591
Cadence Insurance Inc$138,0253
Marsh McLennan Agency$98,1791
Kevin Gardner$94,6801
Cornett Group Inc$91,1661
Bene Re LLC$67,5631
Ann Marie Munn$65,0251

Largest medical carriers

Medical premium written for these employers.

Hattiesburg against Mississippi 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.

HattiesburgMississippiUnited States
Employer plans1725758,547
Median commission raten/a3.7%3.8%
Middle half of ratesn/a2.9% – 4.7%2.7% – 5.0%
Median broker pay per employer$105,985$66,846$72,628
Medical premium per covered personn/a$4,335$7,274
Plans reporting no commission02933

Year over year. In plan year 2023, 16 Hattiesburg employers reported $13M in premiums and $1.9M in broker pay for 11,891 participants; in 2024 it was $16M and $2.3M for 9,296 participants (premiums +28.5%, broker pay +19.0%).

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 Hattiesburg employers pay health insurance brokers?

17 Hattiesburg employers reported $2,301,175 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 Hattiesburg reported premium to compute a stable commission rate; the Mississippi median is 3.7% and the U.S. median is 3.8%. In dollars, the median Hattiesburg employer that disclosed broker pay reported $105,985.

Which Hattiesburg employers have the largest health plans?

By insurance premium reported for 2024, The First Bancshares, Inc. ($7.0M), Southern Development Resources, LLC ($2.2M), Hattiesburg Clinic PA ($2.1M) lead. 17 Hattiesburg employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Hattiesburg?

By compensation reported by Hattiesburg employers, the largest brokers are HUB International ($597,980, 2 plans), Gallagher ($205,182, 4 plans), Hays Companies ($185,900, 1 plans). By medical premium, the largest carriers are Blue Cross & Blue Shield of Mississippi, Blue Cross Blue Shield of MS, Inc., Blue Cross & Blue Shield of Mississippi, a Mutual Insurance Company.

Are Hattiesburg employer health plans self-funded or fully insured?

Of 17 Hattiesburg employer plans, 7 are fully insured, 6 are self-funded and 4 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 Mississippi

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