The Woodlands, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
74 employers in The Woodlands, Texas filed health plans with 100 or more participants for plan year 2024, covering 153,111 participants. They reported $450M in insurance premiums and $30M in broker commissions and fees. Against 2023, premiums were up 2.2% and broker pay rose 6.7%.
Funding: 18 fully insured · 26 self-funded · 30 mixed. 56 of 74 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in The Woodlands
The Woodlands employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Acec Life/Health Insurance Trust Benefit Consortium | $413,354,718 | $19,239,985 | 34,732 | HUB International |
| Questco Holdings, Inc. | $21,033,814 | $980,572 | 33,499 | Quest Insurance Agency LLC |
| Innospec (independence Oilfield Chemicals, LLC) | $9,537,880 | $508,833 | 609 | Dillingham Benefits LLC |
| Huntsman International LLC | $2,346,302 | $35,288 | 1,717 | Willis Towers Watson |
| Beusa Energy, LLC | $1,990,865 | $273,891 | 881 | Marsh McLennan Agency |
| Lgi Homes Corporate, LLC | $695,927 | — | 1,077 | — |
| Lexicon Pharmaceuticals, Inc | $525,147 | $35,806 | 291 | Brown & Noyes, LLC. |
| Tetra Technologies, Inc. | $112,414 | $58,660 | 1,127 | Gallagher |
| Sterling Infrastructure, Inc. | $78,954 | $611,846 | 1,174 | Alliant Insurance Services |
| Axiom U.S. Payroll Parent, LLC. | $2,179 | $9,120 | 1,732 | Aon |
| Waste Connections US, Inc. | $0 | $592,818 | 17,067 | Gallagher |
| U.S. Oncology, Inc. | $0 | $622,505 | 16,373 | Aon |
| Chevron Phillips Chemical Company LP | $0 | — | 6,657 | — |
| Woodforest Financial Group | $0 | $78,782 | 4,776 | Gallagher |
| Webber, LLC | $0 | $491,290 | 4,297 | HUB International |
| Conn Appliances, Inc. | $0 | $76,304 | 3,399 | Marsh McLennan Agency |
| Emerus Holdings, Inc. | $0 | $525,358 | 1,492 | Benefit Communications Inc |
| Western Midstream Services, LLC | $0 | $249,296 | 1,419 | Marsh McLennan Agency |
| Kodiak Gas Services, LLC | $0 | $41,441 | 1,301 | USI Insurance Services |
| Bij Motors TX, LLC | $0 | $162,425 | 1,154 | USI Insurance Services |
| Tcfi CP LLC | $0 | $288,475 | 1,108 | Bryson Insurance Agency Inc. |
| Methodist Retirement Communities | $0 | $87,805 | 1,043 | Alliant Insurance Services |
| HMT, LLC | $0 | $114,748 | 984 | Lockton |
| Si Group, Inc. | $0 | $18,551 | 894 | Mercer |
| HMG Services, LLC | $0 | $400,317 | 815 | 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 The Woodlands employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| USI Insurance Services | $2,327,739 | 14 |
| HUB International | $1,644,011 | 2 |
| Marsh McLennan Agency | $1,568,185 | 9 |
| Gallagher | $1,464,967 | 11 |
| RSC Insurance Brokerage, Inc. | $978,863 | 1 |
| Quest Insurance Agency LLC | $956,535 | 1 |
| Lockton | $909,118 | 8 |
| AssuredPartners | $799,028 | 1 |
| Benefit Concepts Inc | $661,475 | 1 |
| Alliant Insurance Services | $646,197 | 4 |
Largest medical carriers
Medical premium written for these employers.
The Woodlands 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.
| The Woodlands | Texas | United States | |
|---|---|---|---|
| Employer plans | 74 | 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 | $109,672 | $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, 65 The Woodlands employers reported $440M in premiums and $29M in broker pay for 129,714 participants; in 2024 it was $450M and $30M for 153,111 participants (premiums +2.2%, broker pay +6.7%).
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 The Woodlands employers pay health insurance brokers?
74 The Woodlands employers reported $30,488,618 in broker commissions and fees on their 2024 Form 5500 filings, 70 of them disclosing at least some compensation. Too few fully insured medical plans in The Woodlands 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 The Woodlands employer that disclosed broker pay reported $109,672.
Which The Woodlands employers have the largest health plans?
By insurance premium reported for 2024, Acec Life/Health Insurance Trust Benefit Consortium ($413M), Questco Holdings, Inc. ($21M), Innospec (independence Oilfield Chemicals, LLC) ($9.5M) lead. 25 The Woodlands employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in The Woodlands?
By compensation reported by The Woodlands employers, the largest brokers are USI Insurance Services ($2.3M, 14 plans), HUB International ($1.6M, 2 plans), Marsh McLennan Agency ($1.6M, 9 plans). By medical premium, the largest carriers are Unitedhealthcare Insurance Company, Bluechoice Healthplan South Carolina, Cigna Health and Life Insurance Company.
Are The Woodlands employer health plans self-funded or fully insured?
Of 74 The Woodlands employer plans, 18 are fully insured, 26 are self-funded and 30 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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