Austin, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
446 employers in Austin, Texas filed health plans with 100 or more participants for plan year 2024, covering 420,724 participants. They reported $97M in insurance premiums and $56M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 6.0% of premium, against 5.6% across Texas and 3.8% nationally. Against 2023, premiums were up 103.9% and broker pay rose 13.1%.
Funding: 136 fully insured · 100 self-funded · 210 mixed. 310 of 446 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Austin
Austin employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Rwe Clean Energy Services, LLC | $22,415,942 | $560,271 | 1,677 | Mercer |
| Whole Foods Market, Inc. | $19,014,903 | $787,589 | 126,132 | Aon |
| Quantic Electronics, LLC | $7,063,497 | $428,305 | 813 | The Plexus Groupe LLC |
| Otto Bock Healthcare LP | $6,164,049 | $31,504 | 1,084 | Marsh McLennan Agency |
| Continental Cars Inc | $5,564,011 | $112,069 | 1,182 | USI Insurance Services |
| Eso Solutions, Inc. | $4,557,623 | $294,695 | 416 | USI Insurance Services |
| ST. Edward's University, Inc. | $4,039,919 | $89,072 | 557 | USI Insurance Services |
| Brown Distributing Company, LTD | $2,680,409 | $70,728 | 425 | Marsh McLennan Agency |
| Velocity Credit Union | $1,853,950 | $158,732 | 221 | Gallagher |
| Fetch Package, Inc. | $1,535,406 | $169,986 | 288 | Anco Ins. SVCS. of Bryan/C.S. |
| The Ai Fleet, Inc. | $1,438,758 | $142,430 | 298 | USI Insurance Services |
| GKSD Restaurant Enterprises, LLC | $1,423,039 | $96,194 | 211 | USI Insurance Services |
| Canon Nanotechnologies, Inc. | $1,391,828 | $13,557 | 101 | USI Insurance Services |
| Tarrytown Expocare, LLC | $1,388,782 | $171,148 | 369 | Marsh McLennan Agency |
| Roger Beasley Imports, Inc. | $1,235,186 | $110,963 | 318 | Marsh McLennan Agency |
| Austin Country Club | $1,176,369 | $102,097 | 190 | Frost Insurance Agency, Inc. |
| Rendevor Corporate Services LLC | $1,168,083 | $106,912 | 173 | Frost Insurance Agency, Inc. |
| Texas Diabetes and Endocrinology, P.A. | $1,057,302 | $99,497 | 145 | Gallagher |
| Hart Intercivic Inc. | $992,402 | $102,506 | 111 | Willis Towers Watson |
| Cesiumastro Inc. | $970,372 | $102,142 | 145 | Marsh McLennan Agency |
| Curana Health | $843,363 | $411,375 | 1,070 | Lockton |
| Square Grove LLC | $827,058 | $56,787 | 150 | Watkins Insurance Group |
| Wynden Stark LLC | $745,380 | $97,995 | 354 | J Donovan Financial |
| Talroo, Inc. | $723,797 | $55,946 | 179 | NFP |
| Kgi Wireless, Inc. | $676,232 | $54,569 | 128 | EPIC Insurance 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 Austin employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $6,498,967 | 63 |
| Gallagher | $5,785,960 | 52 |
| Lockton | $5,374,708 | 35 |
| Alliant Insurance Services | $3,730,430 | 41 |
| USI Insurance Services | $3,176,735 | 49 |
| Mercer | $2,601,987 | 17 |
| NFP | $2,093,754 | 26 |
| Aon | $1,610,477 | 10 |
| Frost Insurance Agency, Inc. | $1,609,835 | 19 |
| Sequoia | $1,269,280 | 9 |
Largest medical carriers
Medical premium written for these employers.
Austin against Texas 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.
| Austin | Texas | United States | |
|---|---|---|---|
| Employer plans | 446 | 4,926 | 58,547 |
| Median commission rate | 6.0% (23 plans) | 5.6% | 3.8% |
| Middle half of rates | 5.5% – 7.0% | 2.7% – 6.0% | 2.7% – 5.0% |
| Median broker pay per employer | $90,198 | $86,351 | $72,628 |
| Medical premium per covered person | $6,321 | $6,089 | $7,274 |
| Plans reporting no commission | 2 | 22 | 933 |
Year over year. In plan year 2023, 436 Austin employers reported $47M in premiums and $49M in broker pay for 362,932 participants; in 2024 it was $97M and $56M for 420,724 participants (premiums +103.9%, broker pay +13.1%).
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 Austin employers pay health insurance brokers?
446 Austin employers reported $55,886,371 in broker commissions and fees on their 2024 Form 5500 filings, 428 of them disclosing at least some compensation. Among 23 commission-paying, fully insured medical plans, the median broker rate was 6.0% of premium, 0.4 points above the Texas median of 5.6% and 2.2 points above the U.S. median of 3.8%. In dollars, the median Austin employer that disclosed broker pay reported $90,198.
Which Austin employers have the largest health plans?
By insurance premium reported for 2024, Rwe Clean Energy Services, LLC ($22M), Whole Foods Market, Inc. ($19M), Quantic Electronics, LLC ($7.1M) lead. 25 Austin employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Austin?
By compensation reported by Austin employers, the largest brokers are Marsh McLennan Agency ($6.5M, 63 plans), Gallagher ($5.8M, 52 plans), Lockton ($5.4M, 35 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Bluecross Blueshield of Texas, Curative Insurance Company.
Are Austin employer health plans self-funded or fully insured?
Of 446 Austin employer plans, 136 are fully insured, 100 are self-funded and 210 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 Texas
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