Lubbock, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
51 employers in Lubbock, Texas filed health plans with 100 or more participants for plan year 2024, covering 13,336 participants. They reported $10M in insurance premiums and $4.3M in broker commissions and fees. Against 2023, premiums were up 9.6% and broker pay rose 23.5%.
Funding: 18 fully insured · 16 self-funded · 17 mixed. 33 of 51 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lubbock
Lubbock employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Associated Supply Co., Inc. | $8,265,126 | $531,360 | 1,165 | Lubbock Insurance Partners, LP |
| South Plains Electric Coop, Inc. | $1,812,854 | $44,547 | 405 | Gallagher |
| Butch's Rat Hole & Anchor Service, Inc. | $0 | $137,942 | 1,031 | Marsh McLennan Agency |
| Food Concepts International, LP | $0 | $13,222 | 800 | Marsh McLennan Agency |
| Madera Residential, LLC | $0 | $271,151 | 565 | Heritage Risk Management LLC |
| South Plains Financial, Inc. | $0 | $148,495 | 525 | Gallagher |
| RRTM, LLC | $0 | — | 500 | — |
| X-Fab Texas, Inc. | $0 | $134,505 | 479 | Marsh McLennan Agency |
| Parkhill, Smith & Cooper, Inc. | $0 | $159,536 | 472 | Marsh McLennan Agency |
| Cash Register Services, Inc. | $0 | $142,266 | 440 | Hotchkiss Insurance Agency LLC |
| Umc Physicians | $0 | $96,465 | 434 | Heritage Risk Management - Alera GR |
| South Plains Implement | $0 | $55,989 | 337 | Hotchkiss Insurance Agency, LLC |
| Betenbough Companies, PBC | $0 | $43,079 | 336 | Revolution Benefits Group LLC |
| Woundcentrics, LLC | $0 | $54,044 | 282 | Marsh McLennan Agency |
| Vargas Management, Inc. | $0 | — | 255 | — |
| Norton Energy Drilling LLC | $0 | $9,449 | 248 | Heritage RM LLC |
| Vista Bank | $0 | $129,088 | 222 | Holmes Murphy |
| Robert Madden Industries LTD | $0 | $132,837 | 211 | Marsh McLennan Agency |
| West Texas Barricades LLC | $0 | $90,424 | 208 | BKCW LP |
| Wylie & Son Inc. | $0 | $39,725 | 202 | Agents of Aflac (see Attached) |
| Lubbock Christian University | $0 | $163,786 | 201 | Kevin Pailet |
| Pate Trucking Company, LLC | $0 | $40,077 | 196 | Marsh McLennan Agency |
| Livingston Hearing Aid Center, Inc. | $0 | $119,604 | 187 | Marsh McLennan Agency |
| Brandon & Clark, Inc. | $0 | $123,842 | 176 | Marsh McLennan Agency |
| Alliance Credit Union | $0 | $100,824 | 166 | Marsh McLennan Agency |
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 Lubbock employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $1,473,794 | 21 |
| Gallagher | $495,873 | 9 |
| Lubbock Insurance Partners, LP | $381,255 | 1 |
| Heritage Risk Management | $245,241 | 3 |
| Hotchkiss Insurance Agency LLC | $213,486 | 6 |
| Kevin Pailet | $147,616 | 3 |
| The Baldwin Group | $133,391 | 1 |
| Holmes Murphy | $119,709 | 1 |
| Davis Allen Agency | $99,774 | 5 |
| United Healthcare Services, Inc. | $90,254 | 1 |
Largest medical carriers
Medical premium written for these employers.
Lubbock 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.
| Lubbock | Texas | United States | |
|---|---|---|---|
| Employer plans | 51 | 4,926 | 58,547 |
| Median commission rate | n/a | 5.6% | 3.8% |
| Middle half of rates | n/a | 2.7% – 6.0% | 2.7% – 5.0% |
| Median broker pay per employer | $74,411 | $86,351 | $72,628 |
| Medical premium per covered person | n/a | $6,089 | $7,274 |
| Plans reporting no commission | 0 | 22 | 933 |
Year over year. In plan year 2023, 48 Lubbock employers reported $9.2M in premiums and $3.5M in broker pay for 12,139 participants; in 2024 it was $10M and $4.3M for 13,336 participants (premiums +9.6%, broker pay +23.5%).
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 Lubbock employers pay health insurance brokers?
51 Lubbock employers reported $4,305,194 in broker commissions and fees on their 2024 Form 5500 filings, 48 of them disclosing at least some compensation. Too few fully insured medical plans in Lubbock reported premium to compute a stable commission rate; the Texas median is 5.6% and the U.S. median is 3.8%. In dollars, the median Lubbock employer that disclosed broker pay reported $74,411.
Which Lubbock employers have the largest health plans?
By insurance premium reported for 2024, Associated Supply Co., Inc. ($8.3M), South Plains Electric Coop, Inc. ($1.8M), Butch's Rat Hole & Anchor Service, Inc. ($0) lead. 25 Lubbock employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lubbock?
By compensation reported by Lubbock employers, the largest brokers are Marsh McLennan Agency ($1.5M, 21 plans), Gallagher ($495,873, 9 plans), Lubbock Insurance Partners, LP ($381,255, 1 plans). By medical premium, the largest carriers are Bluecross Blueshield of Texas, Swiss Re-Swiss Re, Baylor Scott & White.
Are Lubbock employer health plans self-funded or fully insured?
Of 51 Lubbock employer plans, 18 are fully insured, 16 are self-funded and 17 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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