Akron, Ohio employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
55 employers in Akron, Ohio filed health plans with 100 or more participants for plan year 2024, covering 102,424 participants. They reported $34M in insurance premiums and $6.8M in broker commissions and fees. Against 2023, premiums were up 0.7% and broker pay rose 6.8%.
Funding: 19 fully insured · 23 self-funded · 13 mixed. 36 of 55 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Akron
Akron employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Firstenergy Corp | $7,403,711 | $899,098 | 29,062 | Willis Towers Watson |
| Teamsters Local 348 Health & Welfare Fund | $7,365,555 | $1,209 | 423 | Delaware Valley Health Care |
| Summa Health | $4,576,973 | $163,152 | 11,129 | Marsh McLennan Agency |
| Sterling Jewelers Inc. | $4,571,992 | $339,800 | 13,171 | Strategic Non-Medical Solutions LLC |
| The Educational Empowerment Group, Inc. | $3,244,677 | $191,738 | 356 | Embee Services |
| Welty Building Company LTD | $1,721,123 | $123,895 | 167 | James B. Oswald Company |
| Energy Harbor | $1,349,884 | $161,085 | 3,619 | James B. Oswald Company |
| Kisling, Nestico & Redick, LLC | $1,090,445 | $59,720 | 140 | — |
| Miller's Rental & Sales Co., Inc. | $904,686 | $64,634 | 106 | OneDigital |
| Child Guidance & Family Solutions | $653,787 | $38,444 | 111 | Gallagher |
| Oriana House Inc | $186,989 | $13,337 | 710 | Aon |
| Epiphany Management Group | $166,964 | $50,257 | 190 | OneDigital |
| Akron Polymer Products, Inc. | $145,775 | $175,456 | 366 | United Healthcare Services, Inc. |
| Planned Parenthood of Greater Ohio | $89,837 | $30,476 | 260 | Gallagher |
| Summa Home Health & Hospice | $75,139 | — | 205 | Brown, Ins. |
| Beacon Mobility Inc. | $0 | $528,572 | 11,229 | Lockton |
| The Goodyear Tire & Rubber Company | $0 | $1,475,921 | 7,982 | Marsh McLennan Agency |
| Children's Hospital Medical Center of Akron | $0 | $248,385 | 7,092 | The McClain Group LLC |
| Cooper Tire & Rubber Company LLC | $0 | — | 3,505 | — |
| Gojo Industries Inc | $0 | $27,030 | 1,944 | Centro Benefits Research LLC |
| Myers Industries, Inc. | $0 | $89,803 | 1,753 | James B. Oswald Company |
| The Babcock & Wilcox Company | $0 | $61,391 | 1,034 | Alliant Insurance Services |
| Famous Enterprises, Inc. | $0 | $151,259 | 933 | James B. Oswald Company |
| Glaus Pyle Schomer Burns & Dehaven | $0 | $130,565 | 699 | Emerson Rogers, LLC |
| The Smithers Group Inc | $0 | $138,621 | 427 | James B. Oswald Company |
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 Akron employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $1,619,360 | 3 |
| James B. Oswald Company | $762,113 | 15 |
| Willis Towers Watson | $585,194 | 2 |
| Lockton | $508,798 | 3 |
| Aia American Insurance Adminstrator | $327,367 | 1 |
| Strategic Non-Medical Solution | $326,350 | 1 |
| OneDigital | $271,187 | 6 |
| Gallagher | $192,968 | 5 |
| USI Insurance Services | $173,478 | 6 |
| The McClain Group, LLC | $171,030 | 1 |
Largest medical carriers
Medical premium written for these employers.
Akron against Ohio 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.
| Akron | Ohio | United States | |
|---|---|---|---|
| Employer plans | 55 | 2,404 | 58,547 |
| Median commission rate | n/a | 3.5% | 3.8% |
| Middle half of rates | n/a | 2.5% – 4.7% | 2.7% – 5.0% |
| Median broker pay per employer | $59,561 | $56,081 | $72,628 |
| Medical premium per covered person | n/a | $11,620 | $7,274 |
| Plans reporting no commission | 1 | 17 | 933 |
Year over year. In plan year 2023, 54 Akron employers reported $33M in premiums and $6.3M in broker pay for 80,575 participants; in 2024 it was $34M and $6.8M for 102,424 participants (premiums +0.7%, broker pay +6.8%).
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 Akron employers pay health insurance brokers?
55 Akron employers reported $6,766,044 in broker commissions and fees on their 2024 Form 5500 filings, 52 of them disclosing at least some compensation. Too few fully insured medical plans in Akron reported premium to compute a stable commission rate; the Ohio median is 3.5% and the U.S. median is 3.8%. In dollars, the median Akron employer that disclosed broker pay reported $59,561.
Which Akron employers have the largest health plans?
By insurance premium reported for 2024, Firstenergy Corp ($7.4M), Teamsters Local 348 Health & Welfare Fund ($7.4M), Summa Health ($4.6M) lead. 25 Akron employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Akron?
By compensation reported by Akron employers, the largest brokers are Marsh McLennan Agency ($1.6M, 3 plans), James B. Oswald Company ($762,113, 15 plans), Willis Towers Watson ($585,194, 2 plans). By medical premium, the largest carriers are Medical Mutual, Medical Mutual of Ohio, Cigna Health and Life Insurance Company.
Are Akron employer health plans self-funded or fully insured?
Of 55 Akron employer plans, 19 are fully insured, 23 are self-funded and 13 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 Ohio
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