New Albany, Ohio employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in New Albany, Ohio filed health plans with 100 or more participants for plan year 2024, covering 59,032 participants. They reported $1.3M in insurance premiums and $1.5M in broker commissions and fees. Against 2023, premiums were up 464.0% and broker pay fell 5.7%.
Funding: 3 fully insured · 9 self-funded · 3 mixed. 12 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in New Albany
New Albany employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Bob Evans Restaurants, LLC | $876,420 | $321,139 | 16,006 | Alliant Insurance Services |
| Lower Holding Company | $421,826 | $118,530 | 671 | USI Insurance Services |
| Abercrombie & Fitch Co. | $0 | $200,877 | 35,150 | Mercer |
| Axium Packaging | $0 | $38,873 | 1,476 | Hylant |
| Commercial Vehicle Group | $0 | $133,924 | 1,440 | Lockton |
| The Wallick Companies | $0 | $74,836 | 780 | Center for Benefits Management, Inc |
| Anomatic Corporation | $0 | $44,673 | 775 | The James B. Oswald Company |
| Desco Corporation | $0 | $37,041 | 751 | USI Insurance Services |
| The Mission Essential Group, LLC | $0 | $162,553 | 524 | Lockton |
| Evans, Mechwart, Hambleton & Tilton, Inc. | $0 | $26,816 | 328 | USI Insurance Services |
| Feazel Roofing Company, Inc. | $0 | $147,675 | 294 | McGohan Brabender, Inc. |
| Mpi Management LLC | $0 | $29,211 | 256 | Professional Group Plans, Inc. |
| CTL Engineering, Inc. | $0 | $26,924 | 233 | James B. Oswald Company |
| N.A. Property, Inc. Medical Plan | $0 | $26,522 | 185 | Centerstone Insurance and Financial |
| Bright Innovation Labs, LLC | $0 | $61,595 | 163 | Lockton |
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 New Albany employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $346,501 | 3 |
| Alliant Insurance Services | $277,827 | 1 |
| Mercer | $197,872 | 1 |
| McGohan Brabender, Inc. | $144,595 | 1 |
| USI Insurance Services | $121,847 | 3 |
| Center for Benefits Management, Inc | $74,836 | 1 |
| James B. Oswald Company | $58,602 | 3 |
| Cherry Creek Insurance Agency | $54,240 | 1 |
| BSC Agency LLC | $29,907 | 1 |
| Hylant | $29,403 | 2 |
Largest medical carriers
Medical premium written for these employers.
New Albany 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.
| New Albany | Ohio | United States | |
|---|---|---|---|
| Employer plans | 15 | 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 | $61,595 | $56,081 | $72,628 |
| Medical premium per covered person | n/a | $11,620 | $7,274 |
| Plans reporting no commission | 0 | 17 | 933 |
Year over year. In plan year 2023, 14 New Albany employers reported $230,177 in premiums and $1.5M in broker pay for 56,560 participants; in 2024 it was $1.3M and $1.5M for 59,032 participants (premiums +464.0%, broker pay −5.7%).
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 New Albany employers pay health insurance brokers?
15 New Albany employers reported $1,451,189 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in New Albany 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 New Albany employer that disclosed broker pay reported $61,595.
Which New Albany employers have the largest health plans?
By insurance premium reported for 2024, Bob Evans Restaurants, LLC ($876,420), Lower Holding Company ($421,826), Abercrombie & Fitch Co. ($0) lead. 15 New Albany employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in New Albany?
By compensation reported by New Albany employers, the largest brokers are Lockton ($346,501, 3 plans), Alliant Insurance Services ($277,827, 1 plans), Mercer ($197,872, 1 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Community Insurance Company, Aetna Life Insurance Company.
Are New Albany employer health plans self-funded or fully insured?
Of 15 New Albany employer plans, 3 are fully insured, 9 are self-funded and 3 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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