Bozeman, Montana employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
21 employers in Bozeman, Montana filed health plans with 100 or more participants for plan year 2024, covering 11,227 participants. They reported $30M in insurance premiums and $1.9M in broker commissions and fees. Against 2023, premiums were up 13.3% and broker pay rose 25.6%.
Funding: 7 fully insured · 8 self-funded · 6 mixed. 14 of 21 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Bozeman
Bozeman employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Bozeman Deaconess Health Services | $29,478,716 | $156,315 | 1,626 | Mercer |
| Ebp West Care Health and Welfare Plan | $495,014 | — | 1,002 | — |
| Snowflake Inc. | $0 | $234,834 | 4,169 | Alliant Insurance Services |
| Charlie Health, Inc. | $0 | $541,129 | 692 | Sequoia |
| Ranch and Home Supply LLC | $0 | $39,206 | 653 | Marsh McLennan Agency |
| Kenyon Noble Lumber Company | $0 | $49,918 | 327 | Alliant Insurance Services |
| Wildfire Defense Systems, Inc. | $0 | $105,533 | 309 | Marsh McLennan Agency |
| Zoot Enterprises, Inc. | $0 | $23,025 | 285 | Holmes Murphy |
| Ressler Motor Company | $0 | $57,547 | 277 | Paynewest Insurance |
| Williams Plumbing and Heating Inc | $0 | $77,300 | 275 | Hylant |
| Town & Country Foods, Inc | $0 | $20,750 | 247 | Marsh McLennan Agency |
| Martel Construction, Inc. | $0 | — | 198 | — |
| Foundant Technologies | $0 | $73,682 | 176 | RSC Inssurance Brokerage Inc. |
| Energy 1 LLC | $0 | $74,587 | 145 | Marsh McLennan Agency |
| J.C. Billion, Inc. | $0 | $57,972 | 138 | Marsh McLennan Agency |
| Bridger Orthopedics and Sports Medicine, P.C. | $0 | $17,274 | 138 | Marsh McLennan Agency |
| On Site Management, Inc. | $0 | $86,609 | 121 | Leavitt Group |
| Meateater Inc. | $0 | $78,461 | 119 | Marsh McLennan Agency |
| Lumibird Photonics USA, Inc. | $0 | $122,261 | 117 | Alliant Insurance Services |
| Easton Construction, Inc. | $0 | $39,954 | 108 | Marsh McLennan Agency |
| Leverich Partners, Inc. dba Sav Digital Environments, Inc. | $0 | $39,731 | 105 | 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 Bozeman employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Sequoia | $541,129 | 1 |
| Marsh McLennan Agency | $386,584 | 10 |
| Alliant Insurance Services | $381,752 | 4 |
| Mercer | $156,315 | 1 |
| Leavitt Group | $84,075 | 1 |
| Paynewest Insurance | $49,803 | 1 |
| RSC Inssurance Brokerage Inc. | $48,618 | 1 |
| Hylant | $46,719 | 1 |
| Centerstone Ins & Fin Ser | $34,936 | 1 |
| Centro Benefits Research LLC | $30,581 | 1 |
Largest medical carriers
Medical premium written for these employers.
Bozeman against Montana 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.
| Bozeman | Montana | United States | |
|---|---|---|---|
| Employer plans | 21 | 154 | 58,547 |
| Median commission rate | n/a | 3.5% | 3.8% |
| Middle half of rates | n/a | 3.0% – 12.8% | 2.7% – 5.0% |
| Median broker pay per employer | $73,682 | $60,255 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 1 | 4 | 933 |
Year over year. In plan year 2023, 19 Bozeman employers reported $26M in premiums and $1.5M in broker pay for 8,769 participants; in 2024 it was $30M and $1.9M for 11,227 participants (premiums +13.3%, broker pay +25.6%).
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 Bozeman employers pay health insurance brokers?
21 Bozeman employers reported $1,896,088 in broker commissions and fees on their 2024 Form 5500 filings, 19 of them disclosing at least some compensation. Too few fully insured medical plans in Bozeman reported premium to compute a stable commission rate; the Montana median is 3.5% and the U.S. median is 3.8%. In dollars, the median Bozeman employer that disclosed broker pay reported $73,682.
Which Bozeman employers have the largest health plans?
By insurance premium reported for 2024, Bozeman Deaconess Health Services ($29M), Ebp West Care Health and Welfare Plan ($495,014), Snowflake Inc. ($0) lead. 21 Bozeman employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Bozeman?
By compensation reported by Bozeman employers, the largest brokers are Sequoia ($541,129, 1 plans), Marsh McLennan Agency ($386,584, 10 plans), Alliant Insurance Services ($381,752, 4 plans). By medical premium, the largest carriers are Bluecross Blueshield of Montana, Pacificsource Health Plans, Unitedhealthcare Insurance Company.
Are Bozeman employer health plans self-funded or fully insured?
Of 21 Bozeman employer plans, 7 are fully insured, 8 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 Montana
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