Oklahoma City, Oklahoma employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
186 employers in Oklahoma City, Oklahoma filed health plans with 100 or more participants for plan year 2024, covering 170,717 participants. They reported $125M in insurance premiums and $19M in broker commissions and fees. Against 2023, premiums were down 20.5% and broker pay rose 8.6%.
Funding: 64 fully insured · 69 self-funded · 53 mixed. 122 of 186 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Oklahoma City
Oklahoma City employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| CN Enterprises | $21,971,623 | $15,678 | 1,488 | Summit Financial Group Inc. |
| Bancfirst | $16,105,580 | $340,602 | 1,557 | Bancfirst Insurance Services, Inc. |
| Lopez Foods, Inc | $11,351,525 | $426,282 | 550 | The Plexus Groupe |
| Love's Travel Stops & Country Stores | $8,484,213 | $386,471 | 39,069 | Lockton |
| WH Braum Inc | $8,396,400 | $127,329 | 3,403 | The Plexus Groupe LLC |
| Ascent Resources Management Services, LLC | $6,503,986 | $206,881 | 448 | The Plexus Groupe LLC |
| Ou Medicine, Inc. (dba Ou Health) | $6,109,113 | $269,222 | 8,504 | Child Health Corp of America |
| Oklahoma Blood Institute | $5,404,279 | $115,633 | 835 | Vha Mid America Ins SVCS |
| American Fidelity Corporation | $5,258,144 | — | 3,213 | — |
| Paycom Payroll LLC | $4,252,637 | $314,136 | 7,011 | HUB International |
| Oge Energy Corp. | $3,730,031 | $220,536 | 2,776 | The Plexus Groupe LLC |
| Dean McGee Eye Institute | $3,335,661 | $58,996 | 318 | Inservices, LLC |
| Trustees - Arkansas Pipe Trades Health and Welfare Fund | $3,120,326 | — | 528 | — |
| Principle Choice Solutions, LLC | $2,678,933 | $196,161 | 659 | Cottingham & Butler Insurance Serv. |
| North Oklahoma County Mental Health Center, Inc. | $2,634,546 | $82,250 | 327 | The Plexus Groupe LLC |
| Oklahoma Heart Hospital, LLC | $2,633,832 | $153,681 | 963 | Employer Advocates LLC |
| Midfirst Bank | $2,582,945 | $363,060 | 3,215 | Mercer |
| Amity Care, LLC | $972,078 | $314,984 | 1,238 | Gallagher |
| LSB Industries, Inc. | $811,799 | $155,101 | 718 | Hays Companies |
| Healthcare Partners Investments, LLC | $470,568 | $113,729 | 947 | The Plexus Groupe LLC |
| T and W Tire LLC | $434,523 | $42,747 | 371 | Lockton |
| Atc Drivetrain LLC | $377,366 | $86,092 | 1,003 | Mercer |
| Cactus Drilling Company, LLC | $363,899 | $39,502 | 1,046 | Gallagher |
| Oklahoma Medical Research Foundation | $335,360 | — | 556 | — |
| Bob Moore Auto Group, LLC | $332,735 | $712 | 738 | Alliant Insurance Services |
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 Oklahoma City employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Gallagher | $3,147,591 | 37 |
| NFP | $1,321,341 | 17 |
| The Plexus Groupe LLC | $1,242,162 | 13 |
| HUB International | $1,121,142 | 11 |
| Inservices, LLC | $1,117,256 | 10 |
| Cottingham & Butler | $929,533 | 6 |
| Lockton | $910,951 | 9 |
| Mercer | $711,196 | 4 |
| Holmes Murphy | $645,401 | 4 |
| Insurica Insurance Services, LLC | $522,297 | 8 |
Largest medical carriers
Medical premium written for these employers.
Oklahoma City against Oklahoma 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.
| Oklahoma City | Oklahoma | United States | |
|---|---|---|---|
| Employer plans | 186 | 617 | 58,547 |
| Median commission rate | n/a | 1.6% | 3.8% |
| Middle half of rates | n/a | 0.8% – 2.6% | 2.7% – 5.0% |
| Median broker pay per employer | $82,194 | $70,599 | $72,628 |
| Medical premium per covered person | $5,459 | n/a | $7,274 |
| Plans reporting no commission | 3 | 4 | 933 |
Year over year. In plan year 2023, 175 Oklahoma City employers reported $157M in premiums and $17M in broker pay for 176,166 participants; in 2024 it was $125M and $19M for 170,717 participants (premiums −20.5%, broker pay +8.6%).
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 Oklahoma City employers pay health insurance brokers?
186 Oklahoma City employers reported $18,717,896 in broker commissions and fees on their 2024 Form 5500 filings, 172 of them disclosing at least some compensation. Too few fully insured medical plans in Oklahoma City reported premium to compute a stable commission rate; the Oklahoma median is 1.6% and the U.S. median is 3.8%. In dollars, the median Oklahoma City employer that disclosed broker pay reported $82,194.
Which Oklahoma City employers have the largest health plans?
By insurance premium reported for 2024, CN Enterprises ($22M), Bancfirst ($16M), Lopez Foods, Inc ($11M) lead. 25 Oklahoma City employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Oklahoma City?
By compensation reported by Oklahoma City employers, the largest brokers are Gallagher ($3.1M, 37 plans), NFP ($1.3M, 17 plans), The Plexus Groupe LLC ($1.2M, 13 plans). By medical premium, the largest carriers are Bluecross Blueshield of Oklahoma, Bluecross Blueshield of Illinois, Bluecross Blueshield of Texas.
Are Oklahoma City employer health plans self-funded or fully insured?
Of 186 Oklahoma City employer plans, 64 are fully insured, 69 are self-funded and 53 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 Oklahoma
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