Brooklyn, New York employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
143 employers in Brooklyn, New York filed health plans with 100 or more participants for plan year 2024, covering 114,583 participants. They reported $13M in insurance premiums and $16M in broker commissions and fees. Against 2023, premiums were down 10.6% and broker pay rose 6.7%.
Funding: 33 fully insured · 56 self-funded · 54 mixed. 110 of 143 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Brooklyn
Brooklyn employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
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 Brooklyn employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $1,737,409 | 4 |
| Professional Group Plans, Inc. | $663,682 | 13 |
| Austin Financial Group, LLC | $644,844 | 5 |
| HUB International | $632,463 | 11 |
| NFP | $603,727 | 7 |
| Brown & Brown | $574,167 | 8 |
| Reliable Brokerage | $561,635 | 5 |
| Sequoia | $479,270 | 5 |
| Corporate Synergies | $468,973 | 5 |
| Ronald L Rosenberg | $393,783 | 1 |
Largest medical carriers
Medical premium written for these employers.
Brooklyn against New York 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.
| Brooklyn | New York | United States | |
|---|---|---|---|
| Employer plans | 143 | 3,508 | 58,547 |
| Median commission rate | n/a | 3.7% | 3.8% |
| Middle half of rates | n/a | 2.9% – 4.3% | 2.7% – 5.0% |
| Median broker pay per employer | $82,180 | $85,893 | $72,628 |
| Medical premium per covered person | n/a | $10,907 | $7,274 |
| Plans reporting no commission | 1 | 28 | 933 |
Year over year. In plan year 2023, 141 Brooklyn employers reported $15M in premiums and $15M in broker pay for 105,121 participants; in 2024 it was $13M and $16M for 114,583 participants (premiums −10.6%, broker pay +6.7%).
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 Brooklyn employers pay health insurance brokers?
143 Brooklyn employers reported $15,832,620 in broker commissions and fees on their 2024 Form 5500 filings, 121 of them disclosing at least some compensation. Too few fully insured medical plans in Brooklyn reported premium to compute a stable commission rate; the New York median is 3.7% and the U.S. median is 3.8%. In dollars, the median Brooklyn employer that disclosed broker pay reported $82,180.
Which Brooklyn employers have the largest health plans?
By insurance premium reported for 2024, Interborough Developmental & Consultation Center ($5.6M), L & R Distributors, Inc. ($3.3M), Jewish Child Care Association of New York ($2.2M) lead. 25 Brooklyn employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Brooklyn?
By compensation reported by Brooklyn employers, the largest brokers are Mercer ($1.7M, 4 plans), Professional Group Plans, Inc. ($663,682, 13 plans), Austin Financial Group, LLC ($644,844, 5 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Arkansas Blue Cross and Blue Shield, Triple S Salud, Inc..
Are Brooklyn employer health plans self-funded or fully insured?
Of 143 Brooklyn employer plans, 33 are fully insured, 56 are self-funded and 54 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 New York
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