Odessa, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
28 employers in Odessa, Texas filed health plans with 100 or more participants for plan year 2024, covering 7,463 participants. They reported $107,096 in insurance premiums and $2.2M in broker commissions and fees. Against 2023, premiums were down 90.5% and broker pay rose 42.1%.
Funding: 11 fully insured · 11 self-funded · 6 mixed. 17 of 28 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Odessa
Odessa employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Eofficial Enterprises, Inc. | $107,096 | $82,867 | 102 | Sta Benefits LTD |
| Saulsbury Industries, Inc | $0 | $24,442 | 1,509 | Marsh McLennan Agency |
| The Sewell Family of Companies | $0 | $107,279 | 528 | Sta Benefits LTD |
| Standard Sales Company, L.P. | $0 | $29,791 | 446 | Bevcap Management, LLC |
| Blakely Construction Co., Inc. | $0 | $24,795 | 392 | McAnally Wilkins Inc |
| Permian Basin Materials, LLC | $0 | $76,333 | 332 | Marsh McLennan Agency |
| Blackstar Operating, LLC | $0 | $183,579 | 322 | Marsh McLennan Agency |
| W&W Energy Services, Inc | $0 | $73,326 | 306 | Marsh McLennan Agency |
| American Safety Services, Inc. | $0 | $158,561 | 305 | Gallagher |
| L&C Safety Inc | $0 | $153,536 | 291 | Marsh McLennan Agency |
| Amerivax | $0 | $56,995 | 239 | Acrisure |
| Lone Star Instrumentation & Electric Corporation | $0 | $88,342 | 237 | Marsh McLennan Agency |
| Greater Opportunities of the Permian Basin | $0 | $82,843 | 229 | Insurica TX Insurance Services, Inc |
| Jones Bros. Dirt & Paving Contractors, Inc. | $0 | $76,523 | 215 | Gallagher |
| West Texas Cementers, LLC | $0 | $106,909 | 198 | Shepard & Walton Life Insurance Age |
| Well-Foam, Inc. | $0 | $171,652 | 197 | Marsh McLennan Agency |
| Investment Corporation of America | $0 | $35,916 | 183 | Higginbotham |
| Permian Holdco1, Inc. | $0 | $105,216 | 178 | Lockton |
| Forrest Brothers Tire Company, Inc. | $0 | — | 156 | — |
| Angus Services, Inc. | $0 | $120,622 | 156 | Gallagher |
| Interstate Treating, Inc. | $0 | $88,590 | 143 | Higginbotham |
| Complex Credit Federal Credit Union | $0 | $70,272 | 134 | Acrisure |
| Mesa Machine Inc. | $0 | $49,073 | 120 | Marsh McLennan Agency |
| Southwest Bank | $0 | $100,515 | 116 | Sta Benefits LTD |
| Barron Service Parts | $0 | $94,678 | 111 | Insurance One Management, Inc. |
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 Odessa employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $826,537 | 9 |
| Gallagher | $355,706 | 3 |
| Sta Benefits LTD | $255,812 | 3 |
| Higginbotham | $124,506 | 2 |
| Acrisure | $106,251 | 3 |
| Shepard & Walton Life Insurance Age | $105,361 | 1 |
| Lockton | $105,216 | 1 |
| Insurance One Management Inc | $80,054 | 1 |
| Insurica TX Insurance Services, Inc | $51,203 | 1 |
| USI Insurance Services | $30,057 | 1 |
Largest medical carriers
Medical premium written for these employers.
Odessa 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.
| Odessa | Texas | United States | |
|---|---|---|---|
| Employer plans | 28 | 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 | $82,855 | $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, 22 Odessa employers reported $1.1M in premiums and $1.6M in broker pay for 6,436 participants; in 2024 it was $107,096 and $2.2M for 7,463 participants (premiums −90.5%, broker pay +42.1%).
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 Odessa employers pay health insurance brokers?
28 Odessa employers reported $2,220,604 in broker commissions and fees on their 2024 Form 5500 filings, 26 of them disclosing at least some compensation. Too few fully insured medical plans in Odessa 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 Odessa employer that disclosed broker pay reported $82,855.
Which Odessa employers have the largest health plans?
By insurance premium reported for 2024, Eofficial Enterprises, Inc. ($107,096), Saulsbury Industries, Inc ($0), The Sewell Family of Companies ($0) lead. 25 Odessa employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Odessa?
By compensation reported by Odessa employers, the largest brokers are Marsh McLennan Agency ($826,537, 9 plans), Gallagher ($355,706, 3 plans), Sta Benefits LTD ($255,812, 3 plans). By medical premium, the largest carriers are Bluecross Blueshield of Texas, Unitedhealthcare Insurance Company, Health Care Service Corporation.
Are Odessa employer health plans self-funded or fully insured?
Of 28 Odessa employer plans, 11 are fully insured, 11 are self-funded and 6 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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